Beijing
周云帆: cofounder of KongZhong (Nasdaq: KONG)
announces on August 18 that its co-founder Zhou Yunfan will resign as chief financial officer (CEO) because of personal reasons, effective from October 13, 2008.
Mr. Zhou will continue working as chairman of the board for the Chinese wireless value-added service company after the resignation. Nick Yang, co-founder, president and chief technology officer for the company, has been elected as vice chairman of the board, effective immediately. The Nasdaq-listed company will select a new CEO from some candidates in the near future.
Educated in Tsinghua University and Stanford University, Mr. Zhou created KongZhong Corporation with Mr. Yang in 2002 and got the company listed on the Nasdaq on July 10, 2004. He co-founded ChinaRen Inc., an Internet portal and community company, in 1999 and took the positions as chief operating officer and general manager at the company until October 2000, when ChinaRen was merged by Sohu.com Inc. (NASDAQ:SOHU).
Educated in Tsinghua University and Stanford University, Mr. Zhou created KongZhong Corporation with Mr. Yang in 2002 and got the company listed on the Nasdaq on July 10, 2004. He co-founded ChinaRen Inc., an Internet portal and community company, in 1999 and took the positions as chief operating officer and general manager at the company until October 2000, when ChinaRen was merged by Sohu.com Inc. (NASDAQ:SOHU).
Built himself a $110 million personal fortune by the time he turned 30. Zhou is the nephew of China's prominent central bank governor, Zhou Xiaochuan.
Focus Media (Nasdaq: FMCN)
which advertises luxury goods on monitors in Beijing's office buildings and other public places, has had a remarkable run over the past several years. Know your market and then capitalize it.
This is as true in business as it is in investing.
Shanghai
Roger Wang .. amassed 1.1 billion fortune in 10 yrs by building a retail and real estate empire in second-tier cities along China's eastern coastline.
Golden Eagle International Group is a diversified group specializing in real estate, retail, auto and high tech sectors. The group¡¯s operations are steadily growing throughout China. The story began when Mr. H. Roger Wang, the group's Chairman & CEO, visited Nanjing in 1991. He immediately sensed a great opportunity was presented for participation in the historic revitalization process. With the Nanjing City government's support, Golden Eagle International participated in the master plan to construct a new image for the City of Nanjing. The eagle took flight.Shortly thereafter Golden Eagle International built the landmark 60 story G.E. International Plaza. This is the tallest skyscraper in the Jiangsu Province. The ancient face of Nanjing was given a towering modern look. Over the years, the group has successfully set up operations and built many projects in various cities including Nanjing, Shanghai, Kunming and Guangzhou. This stable growth environment has been made possible by an unrelenting commitment to provide the highest quality services and products to each customer and on every project. To accomplish this, the group utilizes expert management personnel and continually implements state of the art information systems suited to modern enterprise management. The group puts particular emphasis on sound financial practices to secure plenty of capital resources to the group¡¯s secure and stable growth. The group continually reinforces its core capacities through training, innovation, technology supported by wise investment strategies. The group¡¯s focus on a healthy growth strategy has made it possible for Golden Eagle International to safely and strongly spread its wings in the markets it participates. While attaching particular importance to its roots in the Yangtze Delta and the big cities of Nanjing and Shanghai, the group is actively expanding its operations in other appropriate markets. The group continually looks to develop quality real estate projects, open new shopping centers, establish long-term and intermediate-term land reserves, promote high-tech industries through components such as Golden Eagle Software and Golden Eagle Medicine, in addition to moving forward rapidly through Golden Eagle Auto Group to meet the country's appetite for automotive products.
Golden Eagle International, with an efficient blend of international specialties and Chinese features taken into consideration, is fully competitive in rivaling with other trans-national enterprises.
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