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Jeffrey Kang

Jeffrey Kang, or Kang Jingwei (, born February 6, 1970), is a Chinese billionaire entrepreneur. He is the founder and CEO of the Shenzhen-based Cogobuy Group,[2] the largest corporate procurement e-commerce platform for IC components in China with worldwide sales and distribution.[3]

Early and personal life

Kang was born in Chongqing on 6 February 1970. He has two children with his wife Nan Ji and resides with his family in Overseas Chinese Town (OCT), Shenzhen, Guangdong.[4]

In July 1991 Kang received a Bachelor of Science degree in Electrical Engineering from South China University of Technology in Guangzhou, Guangdong.[5]

In 2006, Kang was ranked among the richest people in China by Forbes, with a net worth of CN¥17 billion.[6] In 2015, he joined the ranks of The World's Billionaires defined in USD terms by Forbes at age 45.[7] Kang's total calculated executive compensation listed in his firm's annual accounts for 2014 was CN¥2,933,000 (c. US$500,000).[8]

Business career

Kang started his career in China's telecommunications sector as a sales engineer in charge of the components business for Matsushita Electric Industrial now known as Panasonic from 1992 to 1995.[9] In 1995 he invested US$50,000 to start his own company called the Comtech Group,[10] to act as a distribution channel for the sale of electronic components in China.[11] In 2002, the Comtech Group went public and was listed on the New York Stock Exchange (NASDAQ) as Viewtran (ticker: VIEW).[12] In 2011, he established the first online platform for selling IC components in China, Cogobuy, which went public on the Hong Kong Stock Exchange in July 2014 with an annual turnover of CN¥84 billion in 2014.[13]

Honors and awards

References

  1. Bloomberg Business – Board of Directors Bloomberg, retrieved June 8, 2015^
  2. The Financial Times: List of Cogobuy's Company Directors The Financial Times, September 15, 2015^
  3. Concerning Shares of Shenzhen Comtech International Ltd Morningstar, Inc, 14 April 2005^
  4. Cogobuy Announces 2015 Second Quarter and Interim Results Summary Morningstar, Inc, August 19, 2015^
  5. Chairman & Chief Executive Officer, Cogobuy Group The Wall Street Journal, September 9, 2015^
  6. 富豪榜 - (List of the richest people in china) Forbes China, 2009^
  7. Cogobuy E-Commerce Site Enterpreneur [sic] Joins China's Billionaires Ranks Forbes, 2015^
  8. Executive Profile Jingwei Kang Bloomberg, 2015^
  9. Comtech Group Annual Accounts 2004 U.S. Securities and Exchange Commission, July 22, 2004^
  10. Jeffrey Kang TWSJT The Wall Street Transcript, July 10, 2006^
  11. Comtech Group (COGO) Reports Preliminary Q4 Earnings, CEO Comments on Growth Street Insider, January 31, 2008^
  12. Comtech Group Annual Accounts 2004 U.S. Securities and Exchange Commission, December 30, 2004^
  13. EY Entrepreneur of the Year 2015 China Awards – Country Winner, Hong Kong / Macau Region and Technology Category Winner Jeffery Kang South China Morning Post, retrieved 2024-12-30^
  14. EY Entrepreneur Of The Year China 2015 Winners Ernst & Young, retrieved Dec 1, 2015^