From the Editor
  • Li Shuirong is the chairman of Zhejiang Rongsheng Holding Group, which has interests in petrochemicals, logistics and real estate.
  • Li, who previously tried to make a living as a carpenter, started his first business in 1989 after spotting an opportunity in the polyester fiber cloth market.
  • Li is also the chairman of the group's Shenzhen-listed arm Rongsheng Petrochemical, where his son-in-law, Xiang Jiongjiong, serves as general manager.
  • In 2023 Rongsheng Petrochemical inked a strategic partnership with Saudi Aramco, with the energy and chemicals giant acquiring a 10% stake in the former for $3.4 billion.
  • In April 2024, the two companies further agreed to each acquire a 50% stake in the other's subsidiary, ZhongJin Petrochemical and SASREF, to jointly develop the subsidiaries' expansion projects.
Wealth History
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Personal Stats
Age
69
Source of Wealth
Petrochemicals, Self Made
Residence
Hangzhou, China
Citizenship
China
Marital Status
Married
Children
1
Related People & Companies
Xu Yuejuan
Xu Yuejuan
Related by financial asset: Rongsheng Petro Chemical Co Ltd
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Rongsheng Petrochemical
Rongsheng Petrochemical
Holds stake in Rongsheng Petrochemical
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China
China
Citizen of China
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Sri Prakash Lohia
Sri Prakash Lohia
Related by origin of wealth: Petrochemicals
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Lin Shu-hong
Lin Shu-hong
Related by origin of wealth: Petrochemicals
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Tseng Cheng & Sing-ai
Tseng Cheng & Sing-ai
Related by origin of wealth: Petrochemicals
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