Pang Shengdong graduated from the Economic Management Department of Ningbo University in 1998, and obtained a master’s from the Yangtze River Business College in 2011. He set up 51.com and 2345.com in 2005.
Since 2006, Mr Pang has successively won the award of Chinese Internet Innovator, CEO award of Chinese IT Wealth, the Best Yearly Figure award of iResearch new economic annual conference, New and Vigorous award of Shanghai IT Ten Top Youth, and is one of “Chinese 40 business elites below 40″ in 2012 for Fortune China. Mr Pang has donated a total of 10 million to the earthquake relief after the Wenchuan earthquake in 2008. In 2015, he successively donated a total of 60 million, respectively donating 30 million to Tongji University and Ningbo University, for the Student Entrepreneurship Valley Fund and Reading Fund. In 2015, Hurun Charity List ranked Mr Pang 42nd.