Wang Shi, born in 1951, graduated from Lanzhou Railway College in 1978, with a major in water supply studies. He established the "Shenzhen Exhibition Center of Modern Science and Education Equipment," the predecessor of China Vanke, in 1984, and acted as general manager. The company was transformed into China Vanke Co Ltd, a shareholding company, in 1988, and Wang became chairman and general manager. Now he is chairman of the company.