About our Founder & Chairman
Mr. Cho Tak Wong is the chairman of Fuyao Glass Industry Group Co. Ltd. He also serves as a member of the Twelfth National Committee of the Chinese People’s Political Consultative Conference, the vice chairman for the China Overseas Chinese Investment Association, the vice chairperson for the China Society for Promotion of the Guangcai Program, the chairman of China Automotive Glass Association, and honorary chairman of Fujian Provincial General Charity Association.
Born in 1946, Mr. Cho started his career from a very humble beginning. He earned his first bucket of gold by reviving a small business on the brink of bankruptcy from the later 70s. With that, he founded Fuyao Group in 1987, to dedicate in the manufacturing and sales of automotive safety glass and industrial technological glass. Under his leadership and development in the past 30 years, Fuyao Group has become the world’s largest automotive glass manufacturer.
Mr. Cho and Fuyao Group was a successful story in China among the first generation of private-owned entrepreneurs and corporates since China’s “Reform and Open” policy. In recognition of his achievements, Mr. Cho stood out amongst the 43 entrepreneurs from all over the world in 2009, and became the first Chinese national to be named “Ernst & Young World Entrepreneur ” since the award was established in 1986.
Mr. Cho is also a well-known philanthropist in China, he advocates “Growing wealth and benefiting the world are equal important”, accumulatively his donations for charity purpose has reached 1.1 billion Chinese Yen in past 30 years. He won the title of the Top Philanthropist in the Eighth & Ninth China Charity List for his donation of 300 million shares of Fuyao Glass, valued at 564 million US dollars, to set up Heren Foundation in May 2011, which at the time, was the largest charitable foundation in China. More importantly, he convinced the Chinese government to change the law, and led the foundation to becoming China’s first charity foundation financed with stocks. Mr. Cho made the history for China charity movement.
Led by Mr. Cho, Fuyao Group successfully launched an automotive glass production plant in the city of Moraine in October of 2016, an Ohio automotive town decimated by industrial crisis. Until now, Fuyao Group’s total investment in the United States has reached one billion US dollars and has created nearly 5,000 manufacturing jobs in Ohio, Michigan, Illinois and other states, which is the largest investment from private corporates of China.