UTS alumni win prestigious Australia China Alumni Awards

28 November 2017

UTS Garma Team 217

Photo: Award winners at the 9th annual Australia China Alumni Awards in China.

Two UTS graduates have been recognised for their outstanding leadership in the areas of entrepreneurship and finance at the 9th annual Australia China Alumni Awards.

Ren Wang (Bachelor of Business/Bachelor of Arts in International Studies, 2006) received the Austrade – Australia China Alumni Award for Entrepreneurship, recognising his exemplary business practice and entrepreneurial success in the booming Chinese wine and luxury goods market.

After spending more than 17 years in Australia and completing his degree at UTS, Wang relocated to his birth city Beijing in 2007. He spent 12 months on market research and preparation before opening his wine shop 'Art of Wine' in a busy business centre in Beijing.

Wang managed every part of the company from start-up phase, developing the various sales channels, marketing strategies and trade activities, while mentoring and nurturing his growing team of employees. His leadership helped increase revenue by more than 100 per cent year on year, and expanded the company’s reach with clients in over 10 provinces across China.

In 2013 he was recruiter to start up another wine import and distribution company, One Red Dot Fine Wines, taking on the role of General Manager. In 2016 he became the Managing Director of Everlast Group Beijing, which is fast becoming one of the most influential importers and distributors of fast moving consumer goods in China.

Notably, Wang is also a strong advocate for the community sector as the China Director of Magic Hospital from 2011 to 2015, providing programs to benefit sick and disadvantaged children. He has also been a long-term collaborator with A Bridge for Children International, a non-profit organisation dedicated to providing orphans and migrant children with education, life and work skills.

Fellow UTS graduate Dr David Luo (Doctor of Philosophy, 2012) was honoured with the CPA Australia – Australia China Alumni Award for Banking and Finance for his extraordinary work to transform his company, Nanhua Futures, into one of the most competitive companies in the Chinese futures industry.

Under Dr Luo’s leadership as CEO, Nanhua’s customers’ equity now reaches over RMB11 billion and its asset management size is around RMB18 billion. It is frequently ranked number one for risk management and international business in the futures industry within mainland China.

Dr Luo, a senior economist and internationally recognised financial specialist, has built an outstanding career in futures trading, and established himself as a global leader in this area. He is also the Director of China Futures Association, Chairman of the International Business Committee in CFA, Director of Shanghai Futures Exchange, and Supervisor of the Dalian Commodity Exchange.

Dr Luo and Wang were presented with their awards at a glittering ceremony and dinner held in Shanghai on 25 November. UTS was well represented at the event, with graduates Chunbao Yang (Master of Laws, 2002), Laurens Tan (Doctor of Creative Arts, 2007) and Michael Ling (Master of Business Administration, 2003) making the prestigious list of finalists for the TOEFL – Australia China Alumni of the Year Award.

Established in 2009, the Australia China Alumni Awards are a high-profile initiative recognising the wide-ranging achievements of graduates of Australian universities that are currently based in China, both local and expatriate.

Over 500,000 Chinese students have studied in Australia since the early 1970s, and the Australia China Alumni Awards celebrates the successes that have been achieved upon returning home. The awards also seek to recognise the diverse achievements of Australian expatriates in China, and the deepening Australia-China relationship.