In 1970, H. Roger Wang came to Hammond from Taiwan with a Bachelor’s Degree in economics
that he received from Chinese Culture University. He was a member of the first graduating
class of Southeastern’s MBA program. With his MBA in hand, he traveled from Hammond
to Los Angeles where he became a manager for Thrifty Drug Stores. There he learned
valuable merchandising, marketing, inventory, and stockroom skills. Later he became
involved in the insurance industry, a niche retailer, and a residential and commercial
real estate developer.Then in 1992, a trip to Nanjing, China to visit friends and survey business opportunities
took him down the path he travels today – the establishment of Golden Eagle International
Group.After having become a U.S. citizen in 1978, Mr. Wang now spends half of his time in
California and the other in China.The Golden Eagle story begins with Mr. Wang partnering with the industrial and commercial
Bank of China on a proposed 60-story office building in Nanjing. The bank was to provide
a significant part of the financing for the project. However, when the bank changed
its mind, Mr. Wang had to think fast. Taking a different course for the proposed 60-story
office building, he came up with a new plan and quickly redesigned the building to
accommodate a consignment department on the first six floors of the uncompleted building.
Construction continued on the upper levels with Mr. Wang bringing in a Crowne Plaza
Hotel. In 1997 the exquisite building was complete.
Thus the journey into retail department stores in China began for Mr. Wang. Along
the way, to fine tune his business, Mr. Wang bought a software company and helped
it develop a program for running retail operations. He insisted the program be user
friendly, something middle managers could use, remembering the struggles he had faced
as a manager of an American drugstore. Focusing on providing value to each and every customer, and setting a policy of satisfaction
guaranteed, Golden Eagle now has 16 department stores throughout three Chinese provinces
and the international city of Shanghai. Golden Eagle Real Estate Group has developed
over 1.26 million square meters of commercial and residential space throughout these
provinces as well.With a goal of being the best high end retail fashion chain business in China, in
2006 Golden Eagle Retail Group LTD. Began trading on the Hong Kong stock exchange.
With access to capital and seasoned management expertise, Golden Eagle has made a
series of successful mergers, acquisitions and asset-reorganizations. In 2004, Golden
Eagle successfully purchased the state-owned commercial enterprise, Nan Jing Shing
Bay Investment Holdings Group LTD. shareholder of Shing Jeck Ko Department Stores
LTD.
