Early Life
Zhang Wanzhen joined the workforce at the young age of 16 after completing junior high school. He later became the chairman of the electronics components maker, Chaozhou Three-Circle Group.
Rise to Success
Chaozhou Three-Circle Group was founded in 1970 as a state-owned business. The ownership was restructured in 1992. The company manufactures electronic ceramics products, and its customers include Bloom Energy, Amphenol and Vishay. Zhang's leadership played a key role in the company's growth, leading to its listing on the Shenzhen Stock Exchange and his subsequent rise to billionaire status.
Key Business Strategies
Zhang Wanzhen's success can be attributed to several strategic decisions. His focus on the electronic components industry, particularly electronic ceramics, positioned the company in a growing market. The IPO on the Shenzhen Stock Exchange provided capital for expansion. He has also been the chairman of Chaozhou Three-Circle Group since 2015.
Philanthropy
Details about Zhang Wanzhen's specific philanthropic endeavors are currently unavailable.