Home > News > Internet

Billionaire and Semiconductor Legend Wu Ligang Passes Away at 83

She Qi Sun, Apr 14 2024 06:12 AM EST

News just in! On April 8th, it was announced that Wu Ligang, the founder and former chairman of Hua Di Electronics, passed away on April 4th, 2024, at the age of 83.

Hua Di Electronics stated that Wu Ligang's demise would not result in any substantial changes to the company's controlling shareholders.

Currently, the official website of Hua Di Electronics has been switched to black and white, mourning the loss of their visionary leader. s_f67b77d567bf420fa0766bed27925460.png

s_a74c47f5e1324b74b892db12fd2f7cd0.png On March 29th, Shanghai Electric Power Co., Ltd. announced the resignation of its chairman: Mr. Wu Ligang has resigned from his positions as chairman of the company, director, and member of the special committees under the board of directors due to advanced age.

Mr. Wu Ligang founded the predecessor of the company, Kunshan Hushi Electronics Co., Ltd., in 1992. This was the first large-scale project introduced to Kunshan Development Zone since its establishment, and also the first Taiwanese-owned enterprise in Kunshan to complete the land leasing formalities. It is a large-scale electronic enterprise in the high-tech industry. s_92c96355cb5c4ded8dd1fcd689a01db3.png The official website of Hudian Group indicates that the company's leading products are widely used in various fields including communication equipment, automotive, industrial equipment, data centers, networking, microwave radio frequency, semiconductor chip testing, and more.

According to media reports, on February 26, 2020, the Wu Ligang family ranked 2000th on the "Hurun Global Rich List" with a wealth of 10 billion CNY.

In November 2022, the Wu Ligang family ranked 1127th on the "Hurun Rich List" with a wealth of 5.5 billion CNY.

In 2023, the Wu Ligang family ranked 669th on the "Hurun Rich List" with a wealth of 9 billion CNY.