Early Life and Education
Born in Shanghai, China, Liu Fangyi's early life involved moving to the United States to study electrical engineering at Caltech. He worked part-time to support himself.
Rise to Success
Liu Fangyi's entrepreneurial journey began when he entered the medical equipment industry. In 2009, he founded the predecessor to Intco Medical. He took the company public on the Shenzhen Stock Exchange in 2017. The company gained prominence during the COVID-19 pandemic due to its production of personal protective equipment, particularly disposable gloves. Intco Medical has grown to become the world's leading manufacturer of disposable gloves.
Key Business Strategies
Liu's success is attributed to a focus on five key areas: capital, team, technology, market, and resources. He has also emphasized intelligent production and sustainable development, expanding production and R&D bases globally. He is known for paying equal attention to these five areas, and believes that missing or being negligent in one area will make your company obsolete.
Philanthropy
Liu Fangyi integrates social responsibility into Intco Medical's development strategy, playing a role in the global fight against epidemics and promoting medical resource equalization.