BillionaireNet
family
Qiu Jianping & family
Rank #782
CHINAManufacturingHand tools

Qiu Jianping & family

Net Worth
$5.151B
-0.88% (24h)
Qiu Jianping, the chairman of Hangzhou GreatStar Industrial, is a self-made billionaire and leading figure in China's hand tool manufacturing industry. Born in 1961, Qiu's entrepreneurial journey began at age 30, after he was dissatisfied with his wage at a state-owned company. He founded GreatStar Holding Group in 1993, which has grown into one of Asia's largest hand tool manufacturers, with additional interests in tires, forklifts, diesel engines and robotics. His success is a testament to his strategic vision and innovative approach within the manufacturing sector. As of December 16, 2025, his real-time net worth is $5.1 billion, reflecting changes from the prior trading day.

The Full Dossier

Early Life and Career

Qiu Jianping, born in 1961, embarked on his entrepreneurial journey at the age of 30 after working at a state-owned company. This early career experience provided him with the foundation to start his own business, motivated by a desire for greater opportunity and control.

Rise to Success

Qiu founded GreatStar Holding Group in 1993. Under his leadership, the company has grown to become one of Asia's largest hand tool manufacturers. The Group’s subsidiary, Zhongce Rubber Group, China's largest tire maker by sales, went public on the Shanghai Stock Exchange in June 2025. Qiu's strategic vision and innovative approach have been key to his success, expanding beyond hand tools to include tires, forklifts, diesel engines, and robotics.

Key Business Strategies

One of Qiu Jianping's key business strategies involved expanding into related industries to complement his existing hand tool business. A notable example is Hangcha Group, one of China's largest suppliers of forklift trucks and parts, which Qiu separately controls.

Philanthropy

While specific details on Qiu Jianping's philanthropic efforts are not readily available through the initial search results, it is noted that he actively participates in public welfare and charitable undertakings. In 2022, he was awarded the title of "Outstanding Builder of Socialism with Chinese Characteristics in the New Era of Zhejiang Province," which recognizes his contributions to society and the manufacturing industry. His contributions to big education and the provincial charity foundation and other cash donations exceeded 20 million yuan.

Career Timeline

2025

Zhongce Rubber Group IPO

Zhongce Rubber Group, a subsidiary of GreatStar, went public on the Shanghai Stock Exchange.

2022

Awarded 'Outstanding Builder'

Qiu was awarded the title of "Outstanding Builder of Socialism with Chinese Characteristics in the New Era of Zhejiang Province".

2016

Hangcha Group IPO

Hangcha Group went public on the Shanghai Stock Exchange.

2011

Invested in Hangcha Group

Qiu invested in Hangcha Group, a forklift truck manufacturer, expanding his business interests.

1993

Founded GreatStar Holding Group

Qiu established GreatStar Holding Group, which would become one of Asia's largest hand tool manufacturers.

Philanthropic Impact

Education & Charity20M+

Donations to Education and Charity

Qiu Jianping actively participates in public welfare and charitable undertakings, including donations to education and the provincial charity foundation.

Wealth Trajectory