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Chu Lam Yiu
Rank #1666
HONG KONG•Food & Beverage•Flavorings

Chu Lam Yiu

Net Worth
$2.358B
-0.12% (24h)
Chu Lam Yiu, a prominent figure in the manufacturing industry, is the founder and co-chair of Huabao International Holdings, a leading global supplier of flavorings and fragrances. With a net worth of $1.9 billion as of April 3, 2024, her career began in 1996 with the establishment of Huabao International Holdings, which she successfully took public on the Hong Kong Stock Exchange in 2006. Her company specializes in the production and distribution of tobacco flavorings, fragrances, and food flavorings. Despite facing scrutiny in 2022 due to investigations into suspected disciplinary violations, Chu Lam Yiu remains a significant player in the industry.

The Full Dossier

Early Life

There is limited information about Chu Lam Yiu's early life and childhood. She was born in China in 1969 and raised in a modest background.

Rise to Success

Chu Lam Yiu founded Huabao International Holdings in 1996. The company, specializing in fragrances and tobacco flavorings, experienced significant growth under her leadership. She spearheaded the company's public listing on the Hong Kong Stock Exchange in 2006 through a “backdoor listing,” which increased its visibility and credibility in the financial markets. Chu successfully built Huabao International into a profitable company, and she was recognized as one of China’s wealthiest women.

Key Business Strategies

Chu's key strategies include building long-term supply contracts with China's top state-owned tobacco producers. She is also noted for her relationship-building skills within the business sector.

Philanthropy

Details regarding Chu Lam Yiu's philanthropy amounts were unavailable in the search results. However, it is known that Huabao Limited was awarded the medal for “Excellent Practice Cases of Rural Revitalization of Public Companies”.

Career Timeline

2021

Son Appointed Co-Chairman

Chu Lam Yiu's son, Lam Ka Yu, became co-chairman.

2006

Took Huabao Public

Took Huabao International Holdings public on the Hong Kong Stock Exchange through a “backdoor listing.”

1996

Founded Huabao International Holdings

Established a company specializing in fragrances and tobacco flavorings.

Philanthropic Impact

Rural DevelopmentUndisclosed

Rural Revitalization

Huabao Limited was awarded the medal for “Excellent Practice Cases of Rural Revitalization of Public Companies.”

Wealth Trajectory