In this success post, we are going to share the story of Tse Ping, the Chairman of CP Pharmaceutical Group. Sino Biopharmaceutical, one of the highly successful ventures of CP Pharmaceuticals, is China’s most successful drugmakers.
Tse Ping Childhood
Tse Ping was born in the Dhanin Family, which was recognized as one of the Asia most influential families. In the 1950s, most of the members immigrated to Thailand. Moreover, Tse Ping stayed in China with one of the elderly family members who did not want to leave his motherland. Tse was sent to the countryside from Shantou at the time of the distributed Mao Cultural Revolution.
In the year the 1970s, when the Chinese Economic Reforms were introduced, Tse was helped by his family headquarter in Hong Kong to apply for his immigration paper. As his fate would have it, on his arrival, Charoen Pokphand Group Chairman told him the unfortunate thing that he is “too old” to continue his education. Tse found Sino Biopharmaceutical under the CP Pharmaceutical Group.
Tse Ping Early Career
Tse did not want to get into the traditional Chinese Agricultural Business that his family had pioneered. He felt the pharmaceutical industry appealing as in the era of the slower growth rate; this industry proved to be countercyclical. In his brilliant career, Tse has more than 21 years of pharmaceutical-related investment and management experience.
Under his leadership, Sino Pharmaceuticals emerged to be one of the toughest competitors in the hepatitis drugs and therapeutic microsphere targeted medicine in the market. Tse progress has attracted foreign companies like Goldman Sachs, who had purchased a stake of 9% in Sino Biopharmaceuticals.
Tse Ping Achievements
In the year 2005, Sino Pharmaceuticals won the Forbes Asia “Best Under the $1 billion enterprise within the Asia Pacific Region”. In January 2008, Tse Ping was awarded the “World Outstanding Chinese” in Hong Kong and an honourable Doctorate degree by the University of West Alabama, USA. In the month of December 2008, he was awarded “2007-2008 Asian Knowledge Management Academicians” by the Asian Knowledge Management Association.
Tse Ping Personal Life
From pouring tea in his family business headquarter in Hong Kong to becoming the chairman of his own established firm, Tse Ping has shown that undaunted spirit, strong determination, and the readiness to face challenges can actually do wonders. His name is an epitome of success in itself, an inspiration for anyone looking to find motivation. A man who loves to lead a personal life, Tse resides with his family in Hong Kong city.