Age, Biography and Wiki
Zhang Zhenxin was born on 1971-03- in Tongliao, China, is a Chinese businessman (1971–2019). Discover Zhang Zhenxin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 48 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
48 years old |
| Zodiac Sign |
Pisces |
| Born |
1971-03-, 1971 |
| Birthday |
1971-03- |
| Birthplace |
Tongliao, China |
| Date of death |
18 September, 2019 |
| Died Place |
N/A |
| Nationality |
China
|
We recommend you to check the complete list of Famous People born on 1971-03-.
He is a member of famous businessman with the age 48 years old group.
Zhang Zhenxin Height, Weight & Measurements
At 48 years old, Zhang Zhenxin height not available right now. We will update Zhang Zhenxin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Zhang Zhenxin Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Zhang Zhenxin worth at the age of 48 years old? Zhang Zhenxin’s income source is mostly from being a successful businessman. He is from China. We have estimated Zhang Zhenxin's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
businessman |
Zhang Zhenxin Social Network
Timeline
Zhang was born in March 1971 in Tongliao, Inner Mongolia, China.
In September 1992, he entered Dongbei University of Finance and Economics and graduated in July 1996 with a bachelor's degree in economics.
He returned to the university in September 2001, as a graduate student, and earned his master's degree in economics in July 2004.
Zhang served as general manager of the Dalian branch of Shanghai Wanguo Securities.
He founded UCF Holdings Group in 2003 and grew it into a financial conglomerate which controlled three publicly listed companies, including Chong Sing Holdings in Hong Kong.
He founded UCF Holdings Group (先锋控股集团) in 2003, a small financial company that provided guarantees and leasing services in Dalian.
The company expanded into other financial services including banking, insurance, securities, and fund management.
UCF also started a financial technology company, NCF Group, which became listed on Nasdaq through a reverse merger with Hunter Maritime Acquisition Corporation, although it was later delisted from Nasdaq and traded over-the-counter.
In 2013, Zhang began acquiring shares in Credit China Holdings Limited, a company listed on the Hong Kong Stock Exchange.
He later accumulated a controlling stake and renamed the company as Chong Sing Holdings Limited (中新控股).
In 2015, Zhang purchased an 80% share of the five-star Castlemartyr Resort in County Cork, Ireland, a few months after Kanye West and Kim Kardashian spent part of their honeymoon there.
Chong Sing made a slew of acquisitions, including the peer-to-peer lender WeShare in 2016.
In January 2017, it spent US$30 million to purchase a 6.4% stake in the bitcoin mining company BitFury Group.
UCF made headlines in early 2017 when it offered HK$7.1 billion to acquire the insurance company Hong Kong Life.
However, the deal collapsed in October 2018 and UCF forfeited its HK$710 million deposit.
UCF fell into debt trouble in the second half of 2018, when the Chinese government cracked down on P2P lending, and partly because of losses from its cryptocurrency investments.
UCF Pay, a subsidiary of Chong Sing Holdings, was found to have embezzled client funds and had its operations suspended.
Zhang Zhenxin (March 1971 – 18 September 2019) was a Chinese businessman.
However, Chong Sing fell into debt trouble after its unsuccessful forays into peer-to-peer lending and cryptocurrencies, and the trading of its stock was suspended in July 2019.
Zhang died in London two months later from alcohol-related diseases.
The share price of Chong Sing fell by 88% in 2019, before trading was suspended in July.
On 18 September 2019, Zhang died at Chelsea and Westminster Hospital in London, England, aged 48.
UCF did not disclose the news until 5 October, and said the reason for the delay was because the company was "going through a special period of time".
The causes of his death were multiple organ failure related to alcohol dependence and pancreatitis.
