Rong Desheng on Leadership Transition

Rong Desheng's role is documented as: co-founder; took sole control of the Rong business empire after brother Rong Zongjing's death in 1938 Deceased July 29, 1952, per Wikipedia (research date: 2026-08-23).

Assumed sole leadership of the family's flour-and-textile empire after his brother Rong Zongjing's death in 1938.

Chose to remain on the Chinese mainland and cooperate with the incoming Communist government after 1949 rather than emigrate with capital to Hong Kong or Taiwan.