Looking back on the history of Fangzheng Valve, it is a story of a Wenzhou family working together to start a business and pass on their heritage.
Fangzheng Valve was founded in 2004 and is headquartered in Wenzhou, Zhejiang. Currently, the company's controlling shareholders and actual controllers are the two brothers Fang Gaoyuan and Fang Pintian . The younger poland phone number list brother Fang Gaoyuan was born in 1990 and is currently the chairman, while the older brother Fang Pintian was born in 1988 and is currently the vice chairman. The two hold 45.25% and 44.69% of Founder Valve's shares respectively, with a total shareholding of 89.94%, and have signed a concerted action agreement.
In 2004, the brothers' father Fang Cunzheng and mother Su Xiaoying founded the company with several relatives.
At the beginning of 2020, Fang Cunzheng held 77.11% of the company's shares, Fang Gaoyuan indirectly held 0.36% of the company's shares through Wenzhou Rungong, and Fang Pintian held 10.81% of the company's shares. The three father and sons together held 88.28% of the company's shares and were the joint actual controllers.