Lu Zhangquan
Lu Zhangquan was a Taiwanese and Hong Kong entrepreneur in the construction and hotel industries, as well as a philanthropist. He served as Chairman of the Taiwan Construction Investment and Commercial Association and Chairman of Zhongyi Industrial Development Co., Ltd., among other positions.
Biography
Originally from Lubu Town, Yuyao, Zhejiang (now under the jurisdiction of Ningbo City), Lu was born in 1930 in a small mountain village called Shiwu'ao in eastern Zhejiang. In 1948, he moved with his family to Taiwan for business. He initially operated a photo studio and a gift shop, later entering the food and beverage industry by opening Western restaurants and cafes. He was also a well-known representative of the Ningbo business community and was once among the top five wealthiest individuals in Zhejiang Province.[1]
In the early 1960s, as Taiwan's infrastructure rapidly developed, Lu founded construction and development companies such as "Daye" and "Leihu," investing in Taiwan’s emerging real estate and construction industries. By the 1970s, he had become the wealthiest man in Taichung and was hailed as a leading figure in the city's real estate and construction sectors.[1]
In the early 1980s, Lu expanded into industrial ventures in Hong Kong and served as Chairman of Hong Kong Meilian Investment Co., Ltd. In 1988, he visited mainland China for the first time to see relatives, after which he decided to invest in land development and the hotel industry in China. He later became President and Chairman of Pacific Group.[1] Among his well-known developments are "Yangming Hot Springs Resort," a popular vacation destination, the Intercontinental Hotel Ningbo, Pacific Hotel Ningbo, and the World Trade Center Ningbo.[2]
He established the Pacific Charity Foundation and engaged in philanthropic work, donating tens of millions of RMB to support education and healthcare in mainland China. He funded the construction of Xiaoyou Primary School and new school buildings for Yuyao High School, among others.
Honors
Bibliography
- *The Biography of Lu Zhangquan* by Fu Liqun, published by Huawen Publishing House in 2008