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Larry Maloney

Woodworking Industry News

Furniture Makers Become Billionaires On Chinese Stock Market

A Chinese couple have taken their furniture making business public on the Shanghai Stock Exchange, and in the process they've become billionaires. Entrepreneur Zhang Jiayong, chairman of Zhejiang UE Furniture, and his wife Shang Weiwei have become a billionaire couple this week through tremendous stock appreciation. They founded their office chair company in China in 2001.