Biography & Early Wealth Journey

It wasn't totally smooth sailing: there were losses in the beginning due to higher than anticipated costs of developing the liquid detergent. However, Blue Moon regained its profitability before 2020 began. With the coronavirus leading people to buy cleaning and disinfecting products, Blue Moon has had a very good year. The company is often called China's Procter & Gamble. The company had revenue of $909 million in 2019. The Covid-19 pandemic sent profits soaring 39% higher in the first six months of 2020.

Pan is a citizen of Hong Kong and Canada. She graduated with a master's degree in organic chemistry from Wuhan University in 1987. She worked as a teacher at another college for about a decade. She joined Blue Moon in 1994, two years after the company's first branded cleaning product hit the market.

China is one of the first counties to get the coronavirus outbreak under control. As a result, investors have been drawn to the stocks of the country's recovering consumer economy. Blue Moon's IPO was more than 300 times oversubscribed. Shares of bottled water brand Nongfu Spring Co have more than doubled since its IPO in September. Online drug store JD Health International Inc, made its IPO in early December and saw its shares rise more than 55% on the first day of trading.