China Vitae

Biography Highlight

Lu Guanqiu, male, Han nationality. Although he never finished high school, Lu became a very successful businessman. In 1969, Lu founded a farm machinery plant with the assistance of six others. Despite its initial capitalization of 4000 yuan, the company has developed into one of the 520 national key enterprises and 120 pilot enterprise groups under the State Council. It has nearly 10 billion yuan capital, 13,000 staff and workers, state-level technology center, state-level labs, and post-doctoral scientific research work stations. In 2001, Wanxiang Group had business incomes of 8.636 billion yuan, profits of 706 million yuan, and profits from exports of 178 million yuan.

Recent Career Data

	Chairman of the Board, Wanxiang Group Company
1998—2003	Deputy, 9th NPC
1992—1997	Delegate, 14th CPC, National Congress
1987—1992	Delegate, 13th CPC, National Congress
1969	Founder, Ningwei Commune Farm Machinery Plant