Chinese businessman Li Shuirong has an estimated net worth of $2.7 billion as of April 2016, according to Forbes. In the recent years, Shuirong's net worth continues to decrease and in fact, his wealth was reduced by $1 billion in the past year. He is the owner of Ningbo United Group and Rongsheng Petrochemical.

Currently based in China, Ningbo United Group is involved in diversified business which include foreign-oriented trade, commodities wholesaling and retailing, steam and electric power generation and distribution, property development, infrastructure maintenance, and real estate. Through its international trading, the group is involved in apparels, textile products, electrical and mechanical products, crafts, pulp, paper, chemical raw materials and products, packaging materials, tea, honey, and electronic products. The company is also involved in the development and distribution of shops, commercial office buildings and residential communities in Zhejiang province, China. It also offers restaurant services.