NetWorth
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Qinxiang
Shao Qinxiang
Rank #2269
CHINA•Diversified•Diversified

Shao Qinxiang

Net Worth
$1.804B
+2.21% (24h)
Shao Qinxiang, a 71-year-old self-made billionaire, is the chairman of Zhejiang Garden Bio-chemical High-tech, a key player in the pharmaceuticals and animal nutrition sector. His wealth originates from his diversified business ventures, including pharmaceuticals, energy, and real estate, and his net worth is estimated at $1.9 billion as of March 2026. Shao's career began with the founding of a candle factory, later evolving into a garment manufacturer before transitioning into its current diversified form. He is known for his leadership in Zhejiang Garden Group, which was established in 2000 and is the parent company of Zhejiang Garden Bio-chemical High-tech. He is a citizen of China and resides in Hangzhou.

How to read Shao Qinxiang's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Shao Qinxiang, we anchor the narrative to Diversified and Diversified, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.804B alongside global rank #2269, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Shao Qinxiang's journey began with humble roots, eventually leading him to become a prominent figure in China's business landscape. Born in China, Shao's entrepreneurial spirit was evident early on. Details about his early life and education are limited in publicly available sources.

Rise to Success

Shao Qinxiang's ascent to wealth and influence began with the founding of Garden Group in 2000. The group initially started as a candle factory, transitioned into garment manufacturing, and subsequently diversified into pharmaceuticals, energy, and other fields. A key move was the listing of Zhejiang Garden Bio-chemical High-tech, a subsidiary, on the Shenzhen Stock Exchange, which boosted his net worth significantly. This company is a major supplier of pharmaceuticals and animal nutrition products.

Key Business Strategies

Shao Qinxiang's business acumen is evident in his strategic diversification and focus on the pharmaceutical and animal nutrition industries. His foresight in identifying growth opportunities within these sectors has been critical to his success. The diversification strategy, starting with a candle factory and then moving to garment manufacturing, showed a willingness to adapt to market demands and seize new opportunities. His control over Zhejiang Garden Bio-chemical High-tech, a significant player in its industry, further solidified his wealth.

Philanthropy

While specific amounts are unavailable, Shao Qinxiang is known to engage in philanthropic activities.

Career Timeline

2021

Hoymiles Power Electronics IPO

Shao Jianxiong chairs Hoymiles Power Electronics, which went public in 2021.

2000

Founded Garden Group

Shao Qinxiang founded Garden Group, which later diversified into pharmaceuticals, energy, and other fields.

Philanthropic Impact

GeneralUndisclosed

General Philanthropy

Details not available

Key Business Ventures & Holdings

CompanyStakeValue
Zhejiang Garden Bio-chemical High-tech——

Net Worth History

In-Depth Analysis

Early Life

Shao Qinxiang's journey began with humble roots, eventually leading him to become a prominent figure in China's business landscape. Born in China, Shao's entrepreneurial spirit was evident early on. Details about his early life and education are limited in publicly available sources.

Rise to Success

Shao Qinxiang's ascent to wealth and influence began with the founding of Garden Group in 2000. The group initially started as a candle factory, transitioned into garment manufacturing, and subsequently diversified into pharmaceuticals, energy, and other fields. A key move was the listing of Zhejiang Garden Bio-chemical High-tech, a subsidiary, on the Shenzhen Stock Exchange, which boosted his net worth significantly. This company is a major supplier of pharmaceuticals and animal nutrition products.

Key Business Strategies

Shao Qinxiang's business acumen is evident in his strategic diversification and focus on the pharmaceutical and animal nutrition industries. His foresight in identifying growth opportunities within these sectors has been critical to his success. The diversification strategy, starting with a candle factory and then moving to garment manufacturing, showed a willingness to adapt to market demands and seize new opportunities. His control over Zhejiang Garden Bio-chemical High-tech, a significant player in its industry, further solidified his wealth.

Philanthropy

While specific amounts are unavailable, Shao Qinxiang is known to engage in philanthropic activities.

Data Sources & Methodology

Figures for Shao Qinxiang are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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