Zhang Bo (businessman)

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Zhang Bo
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Born1st January 1970
Shandong, China
NationalityChinese
CitizenshipChina
Board member ofHongqiao Investment (Hong Kong) Ltd, Hongqiao International Trading Ltd, Shandong Hongqiao New Material Co. Ltd.
Parent(s)
  • Zhang Shiping (father)

Mr. Zhang Bo[1] holds the position of CEO, Executive Director and Chairman of China Hongqiao Group Ltd[2]. He was born in Shandong, China on 1st January 1970. He has two sisters. He’s single as of 7th January 2022.

Education

He obtained his bachelor’s degree in Economics from Shandong Radio and Television University in August 1996. He took a break from corporate world to pursue his master’s degree in Software Engineering from Wuhan University in 2005.

Career

Mr. Zhang Bo’s held various positions within the group’s subsidiaries prior to his current position. His career[3] path is shown in table below.

Year Position held
April 1998 - February 1999 Deputy General Manager of Shandong Weiqiao Pionneering Group
March 1999 - September 2006 General Manager, Executive Director, Chairman of Weiqiao Textile Company Limited
November 2001 - May 2010 Chairman and General Manager of Binzhou Weiqiao Science and Technology Industrial Park Co. Ltd[4]

Philanthropy

Siping Charity Foundation[5] was established in November 2020 in memory of his father, Mr. Zhang Siping. Though Mr. Zhang Bo has been giving back to society since 2017, he decided to streamline all the charitable work via this foundation. “Serving country and its people” was his father’s words instilled since young. Hence, giving back to society comes naturally for him.

Siping Charity Foundation’s main focus is to provide quality education to the underprivileged. Education will equip a society with a range of knowledge and tools to improve themselves. As a Chinese saying goes, “Give a man a fish, you feed him for a day. Teach a man to fish and you feed him for a lifetime.”

Outside companies or even individuals who wants to make a difference, can make contribution towards the foundation.

ESG - Environment, Social and Governance initiatives

Mr. Zhang Bo is part of an industry that is notorious for pollution. His goal is to reduce the company’s carbon footprint[6] by tapping into clean energy and recycling aluminum. Using hydro powered electricity is much cleaner than coal. Whereas recycled aluminum reduces the need to mine bauxite extensively.

He’s promoting aluminum recycling[7] by teaming up with Scholz, a reputable German recycling company. The goal of the collaboration is to create a continuous supply of aluminum for the company’s manufacturing facilities at reduced environmental cost.

Studies have shown that on average, companies can save 95% of energy[8] (21,000 kilowatt hours) by using recycled aluminum to manufacture beverage cans instead of using bauxite ore (save on mining, transportation and refining). Mother nature is the beneficiary of this transition. Less area will be mined and exploited in future to meet rising demand.

References

  1. Bo, Zhang (9 January 2022). "Zhang Bo's Bloomberg Billionaire profile". www.bloomberg.com. Retrieved 2022-01-09.{{cite web}}: CS1 maint: url-status (link)
  2. Group Ltd, China Hongqiao (9 January 2022). "China Hongqiao Group Ltd Bloomberg profile". www.bloomberg.com. Retrieved 2022-01-09.{{cite web}}: CS1 maint: url-status (link)
  3. "The offline ceremony of the first all-aluminum car body in Weiqiao lightweight base was held._SMM | Shanghai Non ferrous Metals". news.metal.com. Retrieved 2022-01-09.
  4. "Zhang Bo of Binzhou Aluminum Association served as honorary president Cui Lixin and took over as president._SMM | Shanghai Non ferrous Metals". news.metal.com. Retrieved 2022-01-09.
  5. 滨州日报/滨州网. "中国世界500强企业的共同富裕"慈善担当"". Weixin Official Accounts Platform. Retrieved 2022-01-09.
  6. Group Ltd, China Hongqiao (20 March 2021). "China aluminium giant Hongqiao to publish carbon goals this year, chairman says". Nasdaq. Retrieved 9 January 2022.
  7. "Scholz, Hongqiao sign joint venture agreement for proposed recycling park in China". Recycling Today. Retrieved 2022-01-09.
  8. "Frequently Asked Questions: Benefits of Recycling | Land, Buildings & Real Estate". lbre.stanford.edu. Retrieved 2022-01-09.

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