100 Next-Era CEOs in Asia 2012 -The region's best brightest, most promising-

TSS-Shanghai Xinfan Container Fittings Co.

CEO Lifeng Weng

1983
Birthplace
China
Message to young people
Competition is fierce for today’s young generation. But first, you must relax and think over things with a cool head. By doing so, you can make rational choices, and everything will go in your favor. In such a manner, you will be able to make positive advances toward your future.

I loved art since I was small, and studied art until high school. From there, I studied abroad at the Hungarian National Academy of Fine Arts. While there, I studied English, art and European history. My major at the time was industrial design.

I had a considerable amount of free time while I was in Hungary and worked at McDonald’s to gain real-world working experience. I later received an MBA in Shanghai and went on to work for a brokerage firm in order to do something more closely related to the economy.

My family’s business was doing well, and after I gained my MBA, I naturally took over the helm. When I became CEO, I fought strongly for the firm to set its sights overseas. At first, my father was not in favor of my decision; the company had grown by following its old model and my father was not willing to take a risk. However, I decided to go forward with my plans. In the end, I believe it was a good decision since the company grew afterward.

What’s important for a company is to truly globalize. My goal is to open branches overseas and trade in all major markets around the world. In addition, I would like to produce a variety of products, as it is hard for a company to thrive on one single product.

Company

Name
TSS-Shanghai Xinfan Container Fittings Co.
Headquarters
China
1984
employees
300
business
Manufacturing and sales of containers, plastics, metal sheets
url
http://www.tsseal.com