Huang Mingduan, Chairman and CEO of RT-Mart.
Huang Mingduan was born in a small fishing village in Xigang Township, Tainan. Before high school, he was a gangster who had poor grades and didn't like studying. After class, he would stand guard at the entrance of the casino. He often took the lead in fights, and he still has several scars on his body that came from unknown sources.
Fortunately, the prodigal son turned around and reversed his fate. In 1997, he was ordered to open RT-Mart mass-market stores in Taiwan and mainland China. In less than ten years, under the leadership of Huang Mingduan, RT-Mart had become a A mass-selling empire that spans both sides of the Taiwan Strait and has an annual turnover exceeding NT$100 billion.
Extended information
In 1997, RT-Mart established "Shanghai RT-Mart Co., Ltd." in mainland China. As of January 14, 2011, RT-Mart's latest number of stores was 150. In 2008, China RT-Mart's revenue was 33.546 billion yuan, with an annual growth rate of approximately 31.04%, and profit was 1.042 billion yuan, with an annual growth rate of 38.9%. ?
In 2009, China RT-Mart's revenue was RMB 40.43169 billion, and single store performance was RMB 336 million, an increase of 20.5% over the same period last year. In 2010, with revenue of RMB 40.4 billion (approximately NT$185.45 billion), it replaced Carrefour as the retail department store champion in mainland China.
Baidu Encyclopedia-Huang Mingduan