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Frank Wu

Source: China Entrepreneur Club | Date: 16-05-31  
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Chairman of the Board, Central China Real Estate Ltd.

Background

Frank Wu graduated from Zhengzhou University in 1979, and proceeded to work in China’s early import/export businesses in the 1980’s. Wu traveled frequently to Hong Kong, and eventually decided to establish his own business as a real estate development company based out of Hong Kong.

Central China Real Estate

Wu established Central China Real Estate (CCRE) with an initial capital of RMB 8 million in 1992. CCRE has significant presence in central and western China, particularly in China’s most populous province of Henan. CCRE currently has over $3 billion in assets and two thousand employees. Apart from numerous properties, the company has funded several professional football clubs in China.

Recognition

Wu is Vice-President of the China Real Estate Industry Association, and member of the 11th CPPCC Standing Committee.

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