China Vitae

Biography

Zhang Yue, male, Han nationality, is a native of Changsha Hunan Province. He was born in 1959 and graduated from Harbin Institute of Technology.

Zhang Yue is a man of many talents. After graduating from the university, he worked as a teacher. In 1989, when he was 25 years old, Zhang Yue invented pressure-free boilers, which received a patent and won several prizes internationally. Later, he worked with his brother to develop direct-firing-based host central air conditioners. In 1992, he established China Grand Enterprises. At present, Zhang Yue is developing household air conditioners with natural gas as raw materials.

China Grand Enterprises does not have any corporate debt. In 2001, it realized sales revenue to the value of US$145 million and taxes of US$12 million. It has 1,400 staff and workers. Zhang Yue is the first man on Chinese mainland to own a private plane. He has a helicopter driving license.