I read about Hengan for the first time in a business magazine back in the nineties, the story of how a small sanitary napkin outfit started in 1985 grew into the biggest name in Chinese hygiene products. My uncle sold paper goods here in Valencia and used to point to it as proof of what patient reinvestment could do. Saw the news on my phone this morning over coffee, 76 is no age at all.
Their story
Shi Wenbo, known in Hong Kong corporate filings as Sze Man Bok, was a Chinese billionaire businessman who co-founded and chaired Hengan International, one of China's leading makers of personal hygiene products. With fellow Fujian entrepreneur Xu Lianjie (Hui Lin Chit), he built a Jinjiang workshop into a Hong Kong-listed…
Shi Wenbo, known in Hong Kong corporate filings as Sze Man Bok, was a Chinese billionaire businessman who co-founded and chaired Hengan International, one of China's leading makers of personal hygiene products. With fellow Fujian entrepreneur Xu Lianjie (Hui Lin Chit), he built a Jinjiang workshop into a Hong Kong-listed group whose brands, including Anle sanitary napkins and Hearttex (Xin Xiang Yin) tissues, became household names across China.
Born in 1950 in Jinjiang, Fujian, Shi entered the ready-to-wear trade in the 1980s before shifting into feminine hygiene, then still dominated by state producers. In 1985 he and Xu Lianjie, with local partners, founded Hengan Industrial in Anhai Town, Jinjiang. Their Anle sanitary napkin brand quickly won a large share of the domestic market. In 1993 the partners formed Hengan Group and broadened into tissues, diapers and related consumer goods. Hengan International listed on the Hong Kong Stock Exchange on 8 December 1998; Shi became chairman and executive director that year and remained central to group strategy for decades.
Forbes long ranked him among China's wealthiest industrialists, estimating his fortune in the billions of US dollars as Hengan competed with global giants in sanitary products. He was also a prominent donor: with Xu he appeared on Chinese philanthropy lists, and he later received the 11th China Charity Award. Local gifts included tens of millions of yuan for Jinjiang Second Hospital and support for the Jinjiang Charity Federation, of which he was lifetime honorary president.
Shi moved to Hong Kong in 1975 and later lived mainly in Jinjiang. He was married and had one son, Sze Wong Kim (Shi Huangjian), who became an executive director of Hengan International. In June 2026 the company said Shi was taking temporary leave for personal health reasons while operations continued under the existing management team, with chief executive Hui Ching Lau as acting chairman.
Hengan Group announced that Shi died of illness at 16:55 on 29 September 2026, aged 78. The group remembered him as chairman of Hengan International, a China Charity Award recipient, and a major figure in Jinjiang's business and charitable life. His death closed a founding chapter for a company that helped define modern Chinese personal-care brands.
Biography adapted from Wikipedia (CC BY-SA 4.0), Hengan Group obituary via Beijing Daily and Jiemian, Hengan International filings and annual report, Forbes. Wikipedia ↗
