Huang Maoru
Wong Mou Yu is the current Chairman of the Board and Founder of the Hong Kong-listed company Maoye International Holdings Limited, a citizen of Belize, and a native of Zhoutian, Huilai County, Jieyang City, Guangdong Province. He is the head of the "Maoye Group" and a capital tycoon.[1][2] Currently, he is mainly engaged in real estate and department store businesses. Wong successfully built the "Maoye Group" with a "real estate + department store" development model.[3][4][5]
Former Positions
- Chairman of the Board, Chief Executive Officer, and Executive Director of Maoye International Holdings Limited[6][7]
Career
As early as 1992, Wong had already started real estate development in Shenzhen, with projects such as "Xiangmihu Haoting" and "Urban Garden." He later formed the "Maoye Group" through Maoye Holdings, gaining control of Chengshang Group, Bohai Logistics, and Shenguoshang. By leveraging real estate resources, he created a "commercial + department store" model: developing properties in prime locations, introducing well-known brands to form commercial zones, and adding "Maoye Department Stores" to increase property value and expand the brand.
Wong is also a capital operation expert—he acquires poorly managed commercial enterprises, restructures them, injects capital, eliminates bad assets, and, when conditions are right, turns them into new financing platforms or cashes out. Maoye Group's investment portfolio includes real estate development, industrial investment, property investment, venture capital, hotels, financial investments, retail, and property management.[8]
Behind a series of complex capital operations lies his strategy of achieving backdoor listings for his real estate and department store assets.
In the 2020 New Fortune 500 Rich List, Wong ranked 285th with 11 billion RMB,[9] though the actual figure is unknown.
Philanthropy
Family
Wong's family has six brothers, four of whom have achieved notable business success:
- Wong Sai Choi of Greater China Properties[10];
- Wong Mou Chin of Shenzhen Guodu;
- Wong Chun Wah of Sino Group;
- Wong Mou Yu of Maoye International.
Wong Mou Yu or related persons reportedly spent HK$87 million to purchase a high-rise unit at "Jade Crest" on Stubbs Road.
Wong Wai Ching, his son, serves as President of Maoye Commercial.
See also
- Maoye International
- Maoye Commercial
- Maoye Telecom
External links
References
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-1
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-2
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-3
- ↑ Wong Mou Yu’s Capital Empire
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-5
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-6
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-7
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-8
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-9
- ↑ https://zh.wikipedia.org/wiki/%E9%BB%83%E8%8C%82%E5%A6%82#cite_ref-10