Zhang Zhixiang


Zhang Zhixiang, is a Chinese entrepreneur. He's regarded as the Magnate of Steel in China.

Career

He studied both at Zhejiang University and Zhejiang University of Technology, and graduated from the Department of Chemical Engineering at ZJUT in 1989.
1994, he founded his own company, the Zhongxiang Industry Corp. in his hometown Shaoxing. He dramatically expanded his business not only within Zhejiang Province but also to Shanghai, Nanjing, Beijing, Tianjin, Tangshan, etc., including 13 different regions in China. 1999, he started investing in steel industry, he bought in the factory of Zunhua Steel, further developed it into the current famous Jianlong Steel, which is the largest private steel producer in China.
Zhang is the current President of Tangshan Jianlong Industrial Co., LTD., whose headquarters are located in Tangshan.
In 2013's Hurun Report, he was ranked as 59th richest in China with an estimated fortune of $2.8 billion. In 2006's Hurun Report, Zhang was regarded as the Magnate of Steel in China. In 2007's Hurun Report, Zhang was ranked as one of the top three richest individuals in China's steel industry. In 2007's Forbes Mainland China Rich List - , Zhang was ranked No.41 with 9.75 billion Chinese Yuan.
Zhang is also an Executive Director of the China Steel Industry Association.
Zhang is also linked to be a part of Peter Storrie's consortium to buy the Portsmouth Football Club