Qiu Guanghe & family

Net worth over time

Biography

• Qiu Guanghe is chairman and founder of Semir Group, the parent of Zhejiang Semir Garment, which makes and sells apparel.
• Semir Garment was founded in 2002, focusing on casual wear and children's clothing and now boasts nearly 8,000 stores across China (including franchises).
• Qiu founded the fashion retailing group in 1996 in his hometown of Wenzhou, a trading mecca in Zhejiang Province.
• Qiu Jianqiang, Qiu's son, chairs Zhejiang Semir Garment.

Financial assets