Born in 1946, he was the chairman and founder of Fuyao Glass Industry Group Co., Ltd., and served as a vice president of the China Guangcai Business Promotion Association and an executive vice president of the China Overseas Investment Enterprise Association.
Cao Dewang was poor since childhood. He dropped out of school after graduating from junior high school. Since the age of 16, he has sold tobacco, sold fruit, worked as a cook, and repaired bicycles. He tasted the hardships of life in the bottom of society. In 1976, Cao Dewang began working as a buyer in a special-shaped glass factory in Gaoqing Town, Fuqing City. In 1983, he contracted the small factory that was on the verge of collapse.
In the early 1980s, in the domestic auto repair market, the import of auto glass from Japan would cost one or two thousand yuan. Such a commercial phenomenon deeply hurt the national self-esteem of Cao Dewang. “I knew I should do auto glass. The Chinese should have a glass of their own, and there should be a sky from their own glass.” In 1986, 40-year-old Cao Dewang began to switch to auto repair glass, and soon thereafter in vehicle maintenance. In the market, Cao Dewang replaced Japan’s imported automotive glass with its own production of automotive glass. In 1987, he established Yaohua Automotive Glass Co. (predecessor of the Fuyao Group) using the first barrel of gold.
For more than two decades, Cao Dewang, with determination and perseverance, has made the Chinese auto glass industry nearly zero from relying entirely on imports to imports, has achieved the goal of “making Chinese people a glass of their own”, and has also changed the world’s automotive glass in China. Market awareness.
His achievements have been widely recognized by all walks of life. In 2018, he was included in the List of 100 Outstanding Private Entrepreneurs in the 40 Years of Reform and Opening up. In 2009, Cao Dewang stood out from the representatives of 43 countries and regions in the world, and was honored with the “Yanyong Global Entrepreneur 2009 Grand Prize”, becoming the first Chinese winner since the award was established. In 2016, Cao Dewang was awarded the Golden Phoenix Award, the highest award in the global glass industry. The jury said that “Fu Yao Group, led by Cao Dewang, has changed the world auto glass industry.
Different experiences have allowed Cao Dewang to have unique insights and experiences in terms of wealth and distribution. He believes that all his achievements are based on the joint efforts of all sectors of society, and also should be returned to society when society needs them. For those who need the most help. At present, Cao Dewang's accumulated donations exceed 16 billion yuan, and the scope of donations involves social relief, poverty alleviation, and student assistance. In May 2011, Cao Dewang donated a 300,000-yuan Fuyao Glass Stock Co., Ltd. He Ren Foundation was established with the approval of the relevant authorities and was officially established. The donated market value was 3.549 billion yuan on that day. It was the largest asset fund in China at that time and it was created. The form of stock support social welfare. For this reason, he has won the “China Charity Award” which is the highest domestic charity award for many times in succession and has been called “the true best” by all circles in society.