Wang Shizhong's introduction

Wang Shizhong, a native of Dongguan, Guangdong, was born in Taiwan Province. Chairman and Managing Director of Hong Kong Pacific Concord Group, Managing Director and Executive Director of China Real Estate Group Co., Ltd., and his brothers Wang Shichang and Wang Shihua * * * hold more than 70% of the shares of Pacific Concord Company and American Concord Group. 1979 was sent to Hong Kong to set up Taiping Concord Company to trade LCD watches and watch components. Later, he set up a factory in Shenzhen, and the watches produced by Tianba and Bahai were once very popular in the mainland. In addition, it also operates retail Baihua, real estate development and telecommunications services, among which retail department stores are mainly in Chinese mainland market. At present, there are shopping malls in Beijing, Shanghai, Shenyang, Xi and Ningbo, with estimated assets of about 300 million US dollars. The total assets of Concord Group are 654.38+0.5 billion US dollars (about 654.38+0.5 billion RMB).