Zhang Bo (businessman)

Mr. Zhang Bo^[1] holds the position of CEO, Executive Director and Chairman of China Hongqiao Group Ltd^[2]. He was born in Shandong, China on 1^st January 1970. He has two sisters. He’s single as of 7^th January 2022.

Education[edit]

He obtained his bachelor’s degree in Economics from Shandong Radio and Television University in August 1996. He took a break from corporate world to pursue his master’s degree in Software Engineering from Wuhan University in 2005.

Career[edit]

Mr. Zhang Bo’s held various positions within the group’s subsidiaries prior to his current position. His career^[3] path is shown in table below.

Philanthropy[edit]

Siping Charity Foundation^[5] was established in November 2020 in memory of his father, Mr. Zhang Siping. Though Mr. Zhang Bo has been giving back to society since 2017, he decided to streamline all the charitable work via this foundation. “Serving country and its people” was his father’s words instilled since young. Hence, giving back to society comes naturally for him.

Siping Charity Foundation’s main focus is to provide quality education to the underprivileged. Education will equip a society with a range of knowledge and tools to improve themselves. As a Chinese saying goes, “Give a man a fish, you feed him for a day. Teach a man to fish and you feed him for a lifetime.”

Outside companies or even individuals who wants to make a difference, can make contribution towards the foundation.

ESG - Environment, Social and Governance initiatives[edit]

Mr. Zhang Bo is part of an industry that is notorious for pollution. His goal is to reduce the company’s carbon footprint^[6] by tapping into clean energy and recycling aluminum. Using hydro powered electricity is much cleaner than coal. Whereas recycled aluminum reduces the need to mine bauxite extensively.

He’s promoting aluminum recycling^[7] by teaming up with Scholz, a reputable German recycling company. The goal of the collaboration is to create a continuous supply of aluminum for the company’s manufacturing facilities at reduced environmental cost.

Studies have shown that on average, companies can save 95% of energy^[8] (21,000 kilowatt hours) by using recycled aluminum to manufacture beverage cans instead of using bauxite ore (save on mining, transportation and refining). Mother nature is the beneficiary of this transition. Less area will be mined and exploited in future to meet rising demand.

References[edit]

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