Zhang Guangyong
張廣勇 (Wallace Cheung), born in Hong Kong, is a figure in the Chinese petroleum industry and former head of the football department of the Hong Kong Premier League team South China, as well as a racehorse owner of the "Yung Chun" stable under the Hong Kong Jockey Club.
Biography
Wallace Cheung was born in Hong Kong into an ordinary working-class family with ancestral roots in Yangzhou, Jiangsu. In 1981, four years after graduating from the Business Administration Department of The Chinese University of Hong Kong, he founded AET Senco (Asia) Limited. The company initially focused on electronics trading, starting with the smallest components for oil extraction equipment. After entering the mainland China market, the business concentrated on equipment for petroleum exploration and extraction. Starting in 2009, the company expanded into South America, where Cheung became president of the Paraguayan Chinese Chamber of Commerce. He also served as chief representative for China and Hong Kong at the Ecuador Business Council. His business expanded into exploration of oil, natural gas, and coal fields, and even ventured into the satellite communications market.
In October 2009, Wallace Cheung visited the Paraguayan Football Association president, leading to AET becoming the sponsor of the Paraguayan national team for four years. He also funded the Paraguayan national team's friendly match against the Hong Kong team after the 2010 FIFA World Cup. Later, he became an honorary director of Ecuadorian football club Cuenca, and eventually returned to the Hong Kong football scene. In 2013, he served as the team leader of Hong Kong First Division club Citizen, and the following year arranged for Cuenca and Citizen to participate in the 2014 Lunar New Year Cup. In mid-2014, he succeeded Carson Lo as the head of the football department of South China, a traditional Hong Kong football club, providing a budget of 20 million Hong Kong dollars for the first season. In June 2017, South China announced, after reviewing the club's development, its decision to withdraw from the Hong Kong Premier League and return to the Hong Kong First Division League to focus on youth player development. Subsequently, Wallace Cheung provided title sponsorship for one year to the Arics Football Academy, founded by football veteran Lo Kwok Wah, to cultivate young players.
Racehorse Owner Career
Wallace Cheung is a member and horse owner of the Hong Kong Jockey Club. He began his horse-owning career in the 2010–2011 racing season. Most of his horses are named with the words "Yung Chun" (勇晉), including "Top Galloper," "Yung Chun God Galloper," "Yung Chun Fast Galloper," "Mighty Yung Chun General," "Yung Chun Master," "King of Western Xia," and "Yung Chun Sharp."[1] In addition, he is a member of the "Happy Best Friends" horse ownership group (Happy People Group).