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H. Roger Wang - Biography
H. Roger Wang is the Chairman and CEO of Golden Eagle International Group. Founded in 1992 with headquarters in the historic former Chinese capital of Nanjing, Golden Eagle began as a real estate development company in a newly opened China, focusing primarily on the province of Jiangsu. With its 16th anniversary quickly approaching, Golden Eagle has evolved into a conglomerate, maintaining not only its initial focus on real estate but also expanding its retail business into a chain of high-end department stores with a total turnover exceeding CNY 7 billion in 2008. The Golden Eagle Real Estate Group has developed over 1.26 million square meters of commercial and residential space throughout the Jiangsu Province, Shanxi Province, Shanghai and Kunming. A total of 0.35 million square meters of land is currently under construction with an additional 3.47 million square meters in the initial planning stages. With the opening of Golden Eagle Retail Group's first department store in Nanjing in 1996, its immediate success in supplying upper-middle to high-end goods secured its position as the number one fashion retailer in the city, offering the perfect base for regional expansion. Established as the Company headquarters, the Nanjing flagship became the model for all future stores to come: premium selection of high-quality merchandise, a prime location in the heart of downtown, and the unwavering mission to provide value to each and every customer. Focusing on secondary cities characterized by growing spending power, there are now a total of fourteen department stores. Due to the strength of the Company's local market knowledge, most stores are located within the Jiangsu Province. With utmost confidence in its product and business model, Golden Eagle's expansion has pushed beyond Jiangsu into Shanxi Province, Yunnan Province and the international city of Shanghai. In March 2006, Golden Eagle Retail Group Ltd. (3308.HK) was successfully listed on the Hong Kong Main Board. Now it has a market value exceeding HK$13 billion, indicating that Golden Eagle Retail Group Ltd. aims to be the best trader for the growth and development of the high-end retail fashion chain business in China. With abundant capital and seasoned management expertise, Golden Eagle has made a series of successful mergers, acquisitions, and asset-reorganizations. In 2004, Golden Eagle successfully purchased a state-owned commercial enterprise, Nanjing Xin Bai Investment Holdings Group Co., Ltd., and became the largest shareholder of Nanjing Xinjiekou Department Store Co., Ltd. (600682.SH). Founder of the first foreign-invested group company in Nanjing, Mr. Wang is one of the most respected businessmen in the city and has received the honorable title of "Honorary Citizen of Nanjing" and “the friendship award of Jiangsu”, being distinguished as the most excellent foreign investor on many occasions. Mr. Wang has also received great recognition for his many charitable donations to various children's institutions. Under his guidance and initiative, the Group has established the Golden Eagle International Charity Foundation, setting up funds to aid China's disabled. At the invitation of Nanjing University, Mr. Wang is a guest lecturer for the MBA program and an Associate Professor at the internationally renowned academic institution. In addition to the business activities in China, Roger Wang is also the Chairman and CEO of Transpacific Management Co., established and based in Los Angeles, CA since 1978. The company provides management services to its investment portfolios within Southern California. Mr. Wang grew up in Taiwan and obtained his bachelor’s degree in economics from Chinese Culture University in 1969. After immigrating to the United States in 1970, Mr. Wang received his MBA degree from Southeastern Louisiana University in 1973. Mr. Wang resides in Beverly Hills with wife Vivine and daughters, Janice and Dorothy.•Nationality: Taiwan•Net worth: $3.9 billion•Wang is the chairman and CEO of the Golden Eagle International Group, a major department store chain and real estate investment company in China.•He currently splits his time between China and Beverly Hills.