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|Place of Birth||Huanggang|
Chen Jiulin Biography
Chen Jiulin is one of the most popular and richest Entrepreneur who was born on October 20, 1961 in Huanggang, Iceland. As of June 1, 2023, Chen has a net worth approximately $5 Million. Under the direction by Chen Jiulin, CAO changed from a pure trading enterprise to an investment firm which combines engineering, manufacturing and energy trading. The 6th December 2001, CAO was successfully listed on the Singapore stock exchange. In September 2004, the net assets were over 150 million US dollars, which was 852 times greater than the initial value, and their market cap was greater than 1.1 billion US dollars, which is 5022 times more than the original investment by China. CAO is also a reputable performance record and has won numerous awards, among them the distinction of being the Singapore’s “most transparent” listed company. The evolution of CAO was analyzed and used in a research study in the MBA training at Singapore’s National University of Singapore. It was also recognized as an excellent case study of the development of a Chinese state-owned company in the “Qiu Shi” magazine, one of the core magazines that is part of the Chinese Communist Party. The year 2003 was the time that Chen Jiulin was selected as the “New Asian Leader” by the World Economic Forum (which is now renamed “Young Global Leader” now) and the following year, he was awarded the title of “Distinguished Alumni of Peking University”.
Chen Jiulin (Chinese: Chen Jiu Lin ) was born on the 20th of October 1961. He is the former CEO and Managing Director of China Aviation Oil (Singapore) Corporation Ltd (CAO). Under his leadership, CAO’s net assets grew from US$176,000 up to US$150,000,000, which is an increase of 85,200 percent. The market cap grew up to 1.1 billion US dollars, which is 502 times more than the value it was originally. In the wake of these remarkable achievements, Chen Jiulin became a business legend, and was dubbed “The King of Aviation Oil “.
After finishing his studies at Peking University, Chen Jiulin was employed by the Civil Aviation Administration of China in the role of an interpreter and gained knowledge of the aviation industry. Following a restructuring, the agency was split into five sections as well. Chen Jiulin was assigned to work for Air China and in 1990 joined a joint venture between Germany and China called Aircraft Maintenance and Engineering Co. Ltd. Beijing where the position was as an aid to international experts. In 1993, he became a member of the China Aviation Oil Supply Corporation and took part in the development and negotiations surrounding Hong Kong’s brand new airport. In the following years, he was his Chinese chief negotiator of South China Bluesky Aviation Oil Co., Ltd., Tianjin International Petroleum Storage and Transportation Co., Ltd., as well as other major projects. They are all major Sino as well as international Joint Venture projects. The CAO’s predecessor, China Aviation Oil Transport (Singapore) Private Ltd., was also established through Chen Jiulin.
In the Asian financial crisis of 1997, the parent of CAO’s subsidiary commissioned Chen Jiulin to take over the management of CAO in Singapore – CAO (Singapore) Ltd. He was the CEO, Managing Director and Managing Director. CAO was founded in 1993, and after having losses in the initial two years, it was not active for two years. At the time that Chen Jiulin took control over the company, he had US$219,000 in his account and the company rapidly slipped into red numbers by the close of 1997. To turn the situation into a positive direction Chen Jiulin gradually monopolized the aviation oil market in China which increased the firm’s purchasing and transportation capacity by taking part in tenders for China jet fuel imported from abroad in the first place, followed by bulk purchases centralized transportation, and other techniques.
Ethnicity, religion & political views
Many peoples want to know what is Chen Jiulin ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Chen Jiulin's ethnicity is Not Known. We will update Chen Jiulin's religion & political views in this article. Please check the article again after few days.
Chen Jiulin Net Worth
Chen is one of the richest Entrepreneur from Iceland. According to our analysis, Wikipedia, Forbes & Business Insider, Chen Jiulin's net worth $5 Million.
|Net Worth||$5 Million|
|Source of Income||Entrepreneur|
|House||Living in own house.|
In his early years, he displayed an entrepreneurial spirit and self-confidence with the others in the rural community. He recognized that education was the key to a successful future. He was always eager to study and greatly admired by his teachers who he has good friendships. In the month of October, 1981, he quit from a bank in which was he had established an unrestrained life, to focus on preparing for college entrance tests and was accepted into Peking University in 1982. Within the Oriental Studies Department he attended Vietnamese classes, but he also studied English simultaneously. Following that, he was able to earn an master’s diploma from the Department of Private International Law from China University of Political Science and Law and a master’s diploma of Business Management from The National University of Singapore and an PhD on Civil and Commercial Law from Tsinghua University.
On August 18, 2004, CAO announced that they had successfully bought 88 million shares of SPC (20.6% of the total equity) for S$4.12 per share, but during a shareholder’s meeting this acquisition was vetoed by CAO’s parent company. CAO even had to pay 30 million U.S. Dollars to an Indonesian business as compensation to cancellation of the contract.
Chen Jiulin Girlfriend
According to our records, Chen Jiulin is possibily single & has not been previously engaged. As of December 1, 2023, Chen Jiulin’s is not dating anyone.Relationships Record: We have no records of past relationships for Chen Jiulin. You may help us to build the dating records for Chen Jiulin!
Height, Weight & Body Measurements
Chen Jiulin height Not available right now. Chen weight Not Known & body measurements will update soon.
|Body Measurements||Under Review|
|Eye Color||Not Available|
|Hair Color||Not Available|
|Feet/Shoe Size||Not Available|
Facts & Trivia
Chen Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Iceland. Chen Jiulin celebrates birthday on October 20 of every year.