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Chinachem Group (Chinese: 華懋集團) is a corporate group established in Hong Kong by Teddy Wang's father Wang Din Sin (王廷歆). [ 1 ] The early years of the group were dedicated to exploration of and investment in agricultural projects and chemicals.
China National Chemical Corporation, commonly known as ChemChina, is a Chinese state-owned chemical company in the product segments of agrochemicals, rubber products, chemical materials and specialty chemicals, industrial equipment, and petrochemical processing for the civilian and military sectors. [2]
Teddy Wang Teh-huei (Chinese: 王德輝; 9 September 1933 – missing since 10 April 1990 [1]) was a Chinese businessman and founder of the Chinachem Group who was kidnapped for ransom in 1990, and later declared legally dead. His wife, Nina Wang later launched a lengthy legal battle over her husband's will.
The Wangs moved to Hong Kong, and the business became the Chinachem Group, eventually one of Hong Kong's largest and most powerful companies based on a lucrative pharmaceutical division. In 1948, when she was 11 and he 15, they renewed their friendship, and in 1955 they married.
Peter Chan Chun-chuen (born 23 December 1959), earlier known as Tony Chan, is a Hong Kong businessman and the former Feng shui geomancer to the late Nina Wang, who at the time of her death was chair of Chinachem Group and Asia's richest woman.
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Dr. Kung Yan-sum, (Chinese: 龔仁心; born in 1943 in Shanghai), is the younger brother of the late Nina Wang, who used to be Asia's richest woman and the chairman of Chinachem Group, one of the biggest privately held property developers in Hong Kong. He is a doctor with a private clinic in Hong Kong Garden, Tsing Lung Tau, Tsuen Wan. [1]
Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC).