Video surveillance is one of the best ways to secure place, then it may be a living place or workplace. To secure place with video surveillance, world-class surveillance products are a must. However, when it comes to video surveillance products, Hikvision Digital technology is a leading name in the video surveillance products’ market. It uses modern technology to develop world-class surveillance products and enabled the perfect security solution. The China-based company Hikvision has acquired a huge market of surveillance products globally. It is established in 2001 and it’s a partial state-own company having a 51% stake of the Chinese government. Yet, its 49% stake is of Chinese billionaire businessman Gong Hongjia.
About the Founder of Hikvision Digital Technology
Gong Hongjia also is known as Kung Hung Ka is a billionaire businessman of China. Presently, he is serving as a vice-chairman of Hikvision a well-known security equipment supplier firm in China. In 2017, Forbes China Rich list Gong was ranked 15. As well, he ranked 137th in Forbes billionaires list in 2018. At that time, his net worth was US$11.2 billion.
Personal Life
He was born in 1965 in mainland China. However, Gong attended Huazhong University of Science and Technology. Presently, he lives in Hong Kong.
Career
After completing graduation, he worked as an electronics goods trader in Guangzhou and British Hong Kong of China. In 1992, he migrated to Hong Kong to explore the business world. Earlier, he owned Tecsun a radio manufacturing unit and also a smart card company called Watchdata. Thereafter, he invested in Hikvision in 2001. That time, he owned a 49% stake of the company; Gong sold a part of stake after it became a listed company. As per the various reports, the disposal of shares he did make him a billionaire and raised his rank in the list of Billionaire.
Apart from that, he also owned Wealth Strategy Holding. As well, he had invested in Hong Kong’s property market.
Hikvision Digital Technology
It is a China-based company that manufactures as well as supply world-class video surveillance products. In 2001, Zhejiang HIK Information Technology set up the company. Since then Hikvision is a trusted name in video surveillance products market globally. To supply these products worldwide, it built a strong network in more than 155 countries. However, more than 2400 partners of the company are spread across several regions. In fact, the firm has its presence in around 18 locations across the continents. Also, since 2010, its listed-on Shenzhen stock exchange.
The Backstory
China Electronics Technology Group’s subsidiary known as China Electronics Technology HIK Group co. Ltd owns the company since 2017. Basically, it’s a state-own company however, Gong Hongjia is the second-largest shareholder of the company. As well, he is one of the founders of this Chinese firm. As a matter of fact, Fidelity International is one of the major investors of the company.
Services offer
The company features highly skilled as well as an extensive R&D workforce. Also, it manufactures comprehensive products’ full suit. As well provides solutions for a broad range of vertical markets. Apart from that, the company extends its reach to industrial automation, smart home tech as well as automotive electronics industries so that it can achieve its long-term vision. Furthermore, the products of Hikvision enabled powerful business intelligence for end users. That way, it can enable more efficient operations as well as greater commercial success.
Recognition of the Company
Recently, the firm was ranked 800th in the list of ‘Forbes Global 2000’ in 2019. Also, Hikvision was an SZSE 100 Index’s constituent in 2016. Rather than this, the company made it become a constituent of many other indexes. For example, Shenzhen Stock Exchange’s blue-chip index, CSI 300 Index, Pan-China indexes, FTSE China A50 index, Hang Seng China 50 Index, etc.
Bottom Line
As a state-own company, Hikvision’s uttermost priority is to serve society as well as creating a better future for all. Also, the company aims to promote the sustainable development of society. Hikvision consistently serving to build a smart ecosystem and create more goodness to the world through technological innovation.
Jayshri is an Electronics Engineer, but her passion towards writing made her to be in this field. Apart from content writing, she loves reading, writing and surfing on various topics. In her free time, she likes to watch TV series and news. Sherlock Holmes is her all time favorite show. Jayshri loves cooking various Indian-western dishes.