Jeffrey Kang

Jeffrey Kang, or Kang Jingwei (Chinese: 康敬伟, born February 6, 1970), is a Chinese billionaire entrepreneur. He is the founder and CEO of the Shenzhen-based Cogobuy Group,[3] the largest corporate procurement e-commerce platform for IC components in China with worldwide sales and distribution.[4]

In this Chinese name, the family name is Kang.
Jeffrey Kang
康敬伟
Jeffrey (Jingwei) Kang 2015
Born
Kang Jingwei

(1970-02-06) 6 February 1970
Chongqing, China
NationalityChinese
Alma materSouth China University of Technology
Occupation
Known forFounding and leading Cogobuy
Net worth US$1.2 billion (2015)[1]
TitleChairman and CEO of Cogobuy
Board member of
Spouse(s)Nan Ji
Children2
Chinese name
Simplified Chinese康敬伟
Traditional Chinese康敬偉

Early and Personal Life

Kang was born in the Chongqing on 6 February 1970. He has two children with his wife Nan Ji and currently resides with his family in Overseas Chinese Town (OCT), Shenzhen, Guangdong.[5]

In July 1991 Kang received a Bachelor of Science degree in Electrical Engineering from South China University of Technology in Guangzhou, Guangdong.[6]

In 2006, Kang was ranked among the richest people in China by Forbes, with a net worth of CN¥17 billion.[7] In 2015, he joined the ranks of The World's Billionaires defined in USD terms by Forbes at age 45.[1] Kang's total calculated executive compensation listed in his firm's annual accounts for 2014 was CN¥2,933,000 (c. US$500,000).[8]

Business career

Kang started his career in China's telecommunications sector as a sales engineer in charge of the components business for Matsushita Electric Industrial now known as Panasonic from 1992 to 1995.[9] In 1995 he invested US$50,000 to start his own company called the Comtech Group,[10] to act as a distribution channel for the sale of electronic components in China.[11] In 2002, the Comtech Group went public and was listed on the New York Stock Exchange (NASDAQ) as Viewtran (ticker: VIEW).[12] In 2011, he established the first online platform for selling IC components in China, Cogobuy, which went public on the Hong Kong Stock Exchange in July 2014 with an annual turnover of CN¥84 billion in 2014.

Honors and awards

References
  1. "Cogobuy E-Commerce Site Enterpreneur [sic] Joins China's Billionaires Ranks". Forbes. 2015.
  2. "Bloomberg Business – Board of Directors". Bloomberg. Retrieved June 8, 2015.
  3. "The Financial Times: List of Cogobuy's Company Directors". The Financial Times. September 15, 2015.
  4. "Concerning Shares of Shenzhen Comtech International Ltd". Morningstar, Inc. April 14, 2005.
  5. "Cogobuy Announces 2015 Second Quarter and Interim Results Summary". Morningstar, Inc. August 19, 2015.
  6. "Chairman & Chief Executive Officer, Cogobuy Group". The Wall Street Journal. September 9, 2015.
  7. "富豪榜 - (List of the richest people in china)". Forbes China. 2009.
  8. "Executive Profile Jingwei Kang". Bloomberg. 2015.
  9. "Comtech Group Annual Accounts 2004". U.S. Securities and Exchange Commission. July 22, 2004.
  10. "Jeffrey Kang TWSJT". The Wall Street Transcript. July 10, 2006.
  11. "Comtech Group (COGO) Reports Preliminary Q4 Earnings, CEO Comments on Growth". Street Insider. January 31, 2008.
  12. "Comtech Group Annual Accounts 2004". U.S. Securities and Exchange Commission. December 30, 2004.
  13. "EY Entrepreneur Of The Year China 2015 Winners". Ernst & Young. Retrieved December 1, 2015.
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