BillionaireNet
Jiping
X
Rank #2634
CHINATelecomCable

Xue Jiping

Net Worth
$1.346B
+3.74% (24h)
Xue Jiping, a self-made billionaire and the chairman of Jiangsu Zhongtian Technology (ZTT Group), has a net worth of $1.2 billion. He is a prominent figure in the telecom industry, having transformed a small brick and tile factory into a leading supplier of optical fiber communication products. Xue's career, marked by innovation and strategic foresight, saw ZTT Group go public in 2002, a milestone that propelled the company to global prominence. His achievements include being recognized as an "Annual Responsibility Pioneer" in 2020, highlighting his commitment to philanthropy and social responsibility.

The Full Dossier

Early Life and Background

Xue Jiping's journey began with a modest collective factory that produced bricks and tiles. This humble start provided the foundation for a remarkable career in the telecommunications industry. Xue's early life is not widely documented, but his later achievements speak volumes about his work ethic and vision.

Rise to Success

In the early 1990s, Xue Jiping led the transformation of the factory into Jiangsu Zhongtian Technology, venturing into the emerging field of optical fiber communication. This decision proved to be a pivotal moment, as optical fiber became the backbone of modern internet and telecommunications infrastructure. Under Xue's leadership, the company developed innovative products, setting new standards in the industry. A key achievement was the public listing of ZTT Group on the Shanghai Stock Exchange in 2002, which enabled further expansion and solidified its position as a global leader.

Key Business Strategies

Xue Jiping's business strategies have been characterized by innovation, strategic investments, and a commitment to excellence. He focused on research and development to create cutting-edge optical fiber technology. The company expanded its geographic footprint, with operations and projects spanning across continents. Xue's vision extended beyond mere profit, incorporating social responsibility and environmental stewardship into the company's core values.

Philanthropy

Xue Jiping and ZTT Group have demonstrated a strong commitment to philanthropy. In 2020, Xue was recognized as the "Annual Responsibility Pioneer." The company has made substantial donations to the Charity Federation, contributed annually to environmental governance, and supported student aid and poverty alleviation through the construction of Hope Primary School. ZTT also established a "kind fund" to assist employees' families and provided scholarships to students.

Career Timeline

2020

Annual Responsibility Pioneer

Awarded the title in recognition of ZTT's social responsibility.

2002

ZTT Group IPO

ZTT Group went public on the Shanghai Stock Exchange.

1990s

Entered Optical Fiber Communication

Led Jiangsu Zhongtian Technology (ZTT Group) into the optical fiber communication arena.

Philanthropic Impact

General Charity$1.4M (10 million yuan)

Charity Federation Donation

Made a one-time donation to the Charity Federation.

Environmental Conservation$0.17M (1.2 million yuan annually)

Environmental Governance

Donated annually for over 10 years for environmental governance.

Education and Poverty AlleviationUnknown

Student Aid and Poverty Alleviation

Assisted in the construction of Hope Primary School.

Wealth Trajectory