Relentless buyer of Western brands has his sight firmly set
By Lu Haoting (China Daily) Updated: 2016-03-21 08:11CLOSE-UP
Yuan Yafei
Chairman of Sanpower Group
Born in 1964
Career:
1988 to 1993: Public servant at Yuhuatai District Government in Nanjing
1993: Left his job in the government and started his own business
2000: Established the consumer electronics business Hisap Corp
2011: Acquired a controlling stake in Nanjing Xinjiekou Department Store Co, Ltd
2014: Completed a series of key acquisitions including: House of Fraser, Brookstone, Natali, Mecox Lane, Lashou.com and Funtalk Telecommunications.
Education:
1984-1988: Jinling Institute of Technology (the former Nanjing Polytechnic University)
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