BillionaireNet
Liping
R
Rank #816
HONG KONGManufacturingPower strips

Ruan Liping

Net Worth
$5.028B
-0.39% (24h)
Ruan Liping, a prominent figure in China's business landscape, is the chairman of Goneo Group, a leading manufacturer in the power strip industry. With a current net worth of $5.08 billion, Ruan's wealth stems primarily from his successful ventures in power strip manufacturing. Born in 1964, Ruan co-founded Gongniu Group (now Goneo Group) in 1995 with his younger brother, Ruan Xueping. His career began as an engineer, but his entrepreneurial spirit led him to establish a company focused on producing reliable and safe electrical products. Ruan's dedication to quality and innovation has been instrumental in Goneo Group's growth, making him a significant player in the manufacturing sector. He is known for his modest and private demeanor and is a devoted family man.

The Full Dossier

Early Life and Career

Ruan Liping was born in 1964 in China. He began his career as an engineer, gaining practical experience in the field of manufacturing. Ruan's early exposure to the industry provided him with a foundational understanding of engineering and manufacturing processes.

Rise to Success

In 1995, Ruan Liping, along with his brother Ruan Xueping, co-founded Gongniu Group, later rebranded as Goneo Group. The company initially focused on the production of power strips, a seemingly simple product. However, Ruan's vision was to create a brand synonymous with quality and safety. Under his leadership, Goneo Group expanded its product line to include a range of electrical accessories, establishing a strong presence in the Chinese market.

Key Business Strategies

Ruan Liping's success can be attributed to several key business strategies:

  • Focus on Quality and Safety: Ruan prioritized the production of reliable and safe products, building trust with consumers.
  • Innovation: Goneo Group continually innovated its product offerings to meet evolving market demands.
  • Strategic Partnerships: The company established strong distribution networks across China.
  • Brand Building: Ruan focused on building a strong brand reputation through consistent marketing.

Philanthropy

While specific amounts are not readily available, Ruan Liping is known to be involved in philanthropic activities. His contributions often focus on supporting local communities and charitable causes.

Career Timeline

2023

Company Rebrand

Gongniu Group changed its English name to Goneo.

2020

Goneo Group IPO

Took Goneo Group public on the Shanghai Stock Exchange.

1995

Co-founded Gongniu Group (now Goneo Group)

Established a company focused on manufacturing power strips and electrical accessories.

Philanthropic Impact

Community DevelopmentUndisclosed

Community Support

Supports local communities and charitable causes.

Wealth Trajectory