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Wang Yusuo

Source: China Entrepreneur Club | Date: 16-05-26  
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Board Chairman, ENN Group Co., Ltd.

Background

Wang Yusuo graduated from the People’s University of China in 1986, and completed a masters in Business Management at the Tianjin University of Finance and Economics in 1988. After several failed attempts to get a business started, Wang discovered potential in the natural gas refinement industry, a much more efficient and clean method of powering vehicles and machinery than petroleum fuels.

ENN Group

Commencing as a gas utilities company in 1989, ENN today has developed a portfolio of diversified businesses, mainly in the sectors of energy distribution, intelligent energy solutions, solar energy, and energy chemicals. By June 2013 ENN boasted a worldwide workforce of 30,000 employees, total assets worth RMB40 billion, and over 100 wholly-owned, majority-owned, or branch companies located in more than 100 cities in China as well as in Asia, Europe, Americas, and Oceania.

In 2014, ENN and Schneider Electric formed a partnership focused on distributed energy development in China.

Recognition

Wang has received numerous recognitions in the Chinese energy and natural gas sector, including ‘Greatest Contributing Entrepreneur to Society.’ Wang has committed ENN to helping China transition away from an overwhelming dependence on coal towards cleaner forms of energy. Wang ranked #36 on the Forbes (2013) top 400 China richlist
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