Wang Yaping

Wang Yaping is the daughter of Wang Hongwen, a former political figure of the People’s Republic of China, and was born in Changchun, Jilin Province. On August 3, 1992, her father passed away in prison due to liver disease, an event that deeply affected her.

After her father’s death, Wang Yaping began to build her own career, working in various industries and gradually gaining business experience. Through repeated challenges and setbacks, she eventually decided to enter the liquor industry, recognizing its strong market demand and high profitability.

To better understand the field, she personally studied the production process, raw materials, and distribution channels of Chinese liquor, developing a deep expertise. In 2008, she launched a premium liquor brand called “Laoyezi Jiu” (“Old Master Liquor”), which gained recognition in the market.

As her business expanded, Wang Yaping accumulated assets worth over 100 million yuan. According to reports, she once declined an offer for a U.S. green card, affirming her national identity by stating, “I am Chinese.” She continues to live and conduct her business primarily in China.