Wang Hongliang invested Wuxi Lingoodand got 45.9% of the total shares. Therefore, he has become the largest shareholder of Lingood.

 

Wang Hongliang was the founder and president of Wuxi Chenghao Machinery Co., Ltd. since 1993, the first company produced loss-in-weight feeders in mainland China. At that time, 90% of loss-in-weight feeders inthe Chinese homebred market weresold by Wuxi Chenghao. From March, 2007 to June, 2012, Chenghao was acquired by a foreign company.

 

As a predecessor in loss-in-weight feeder business, Wang Hongliang has nearly 20 years of industry experiences. His join-in will lead Lingood to a bigger market.