Families / cao-dewang-family-fuyao

Cao Dewang Family (Fuyao)

Mainland ChinaVerified 2026-06-09Tier AEst. 1987
mainland chinagreater chinafamily businesspublic companysuccession
A/B Sources4
Verified Date2026-06-09
Members3
Assets3
Timeline Events3

Overview

The Cao Dewang family record tracks Fuyao Glass, a founder-led Chinese automotive-glass group that moved through a documented generational transition in 2025. It is suitable for the public authority library because the core facts are supported by Fuyao's own founder page, HKEX filings and credible business media, rather than private hearsay.

Description

The business map centers on Fuyao Glass Industry Group Co., Ltd., an A+H listed manufacturer with global automotive-glass production, marketing and research operations. Public records identify Cao Dewang, also known as Cho Tak Wong, as founder and lifetime honorary chairman, while the 2025 HKEX announcement records Tso Fai, also known as Cao Hui, as chairman and legal representative after the board transition.

Leadership

FounderCao Dewang / Cho Tak Wong
Current LeaderTso Fai / Cao Hui, with Cao Dewang serving as lifetime honorary chairman and director

Governance

Governance is listed-company-led and now visibly succession-oriented. HKEX annual-report and announcement records document Fuyao's board, reporting obligations, director roles, shareholder context and the 2025 change of chairman. The record does not infer private family voting arrangements beyond publicly disclosed directorship, committee, legal-representative and family-relationship facts.

Succession

Succession is documented through the October 2025 HKEX announcement: Cao Dewang resigned as chairman but remained a director and lifetime honorary chairman, while Tso Fai was elected chairman and became the board strategy-and-development committee chair and legal representative. The public family profile treats this as a board-documented leadership transition, not as a complete ownership transfer.

Public-Sector Context

Public-sector context is limited to disclosed civic, industry, federation and consultative roles appearing in Fuyao and HKEX materials, together with the regulatory setting of Shanghai and Hong Kong listed-company disclosure. The profile does not assert political sponsorship or preferential treatment; it records only disclosed public offices, industry roles and regulated market context.

Key Sectors

Automotive GlassAdvanced ManufacturingIndustrial ComponentsPhilanthropy

Family Members (3)

Cao Dewang / Cho Tak WongGen 1

Founder of Fuyao Group; lifetime honorary chairman and director of Fuyao Glass

Tso Fai / Cao HuiGen 2

Chairman, legal representative and next-generation public-company leader of Fuyao Glass

Ye ShuGen 2

Executive director and family-linked board member

Assets

Heren Charitable Foundation and Fuyao University of Science and Technology contextFoundation / philanthropy contextPhilanthropy / Education
Fuyao Glass Industry Group Co., Ltd.Listed companyAutomotive Glass / Advanced Manufacturing
Fuyao global manufacturing and research networkOperating networkAutomotive Glass / Industrial Components

Public Source Chain

4 A/B sources · verified 2026-06-09

This public profile is indexed only after the record passes Jingpost's family authority gate: at least two A/B public sources, a verified timestamp and member or asset support.

Fuyao Group

Profile of Founder and Honorary Chairman for Life / Chairman Profile

Official Fuyao page identifying Cho Tak Wong as founder and lifetime honorary chairman, describing Fuyao's global industrial footprint, and identifying Tso Fai as director and chairman with prior vice-chairman and president roles.
Tier Acompany profilefounder, current_leader, membersSource
HKEXnews

Change of Chairman and Appointment of Honorary Chairman for Life

HKEX announcement documenting Cao Dewang/Cho Tak Wong's resignation as chairman, appointment as lifetime honorary chairman, Tso Fai's election as chairman and legal representative, and their father-son relationship.
Tier Aexchange filingfounder, current_leader, membersSource
HKEXnews

Fuyao Glass Industry Group Co., Ltd. 2024 Annual Results Announcement / Annual Report

HKEX-hosted annual-results announcement containing the full 2024 annual report, supporting Fuyao's listed-company status, governance, business operations, board context and public reporting framework.
Tier Aannual reportassets, governance, political_connectionsSource
Forbes

Pioneering Chinese Glass Billionaire Resigns As Fuyao Glass Chairman

Credible business-media coverage corroborating Cao Dewang as Fuyao's founder-level figure, Tso Fai/Cao Hui's succession as chairman, Fuyao's global automotive-glass position and philanthropy context.
Tier Bcredible mediafounder, current_leader, membersSource

Record Timeline

Fuyao board elected Tso Fai as chairman after Cao Dewang resigned as chairman

HKEX announcement recorded Cao Dewang's resignation as chairman, appointment as lifetime honorary chairman, and Tso Fai's election as chairman and legal representative.

HKEXnews
Fuyao published 2024 annual-results announcement and annual report through HKEX

The HKEX-hosted annual-results announcement contained the full 2024 annual report, supporting governance, financial-reporting and listed-company context.

HKEXnews
Cao Dewang began Fuyao leadership era

HKEX succession materials record Cao Dewang's role in the company from June 1987 and identify him as a major founder and core operator.

HKEXnews