Xu Jingren net worth
Xu Jingren net worth: Xu Jingren is a Chinese businessman with a net worth of $2 billion. Xu Jingren chairs the privately held Jiangsu Changjiang Pharmaceutical Group, whose products include antibiotics, chemotherapy, cardiovascular and digestive drugs. With more than 9,300 employees and total assets of $2 billion, the company ranks second in China’s pharmaceutical industry by sales.
Jingren’s son Haoyu is the vice chairman. Jingren is a deputy to the National People’s Congress. Despite the challenges and difficulties, Xu Jingren started his own pharmaceutical business and successfully kept it in private hands. Jingren founded Yangzijiang Pharmaceutical Group in 1971. The company is headquartered in the ancient city of Taizhou, Jiangsu Province. The city has thousands of years of history and is located along the Yangtze River within the Yangtze River Delta economic circle, adjacent to Shanghai and Nanjing. Today’s Changjiang Pharmaceutical Group is a large cross-regional pharmaceutical group integrating industry-university-research cooperation, scientific research, industrial production and sales. The company is one of the first batch of innovative enterprises recognized by the Ministry of Science and Technology. The sales network covers the whole country and has more than 20 subsidiaries.
