Wang Mang is the Chairman of Shanghai Laoguang Food Co., Ltd. (Laoguang Group).

Laoguang Food Group, which he leads, was founded in 2013. Its headquarters are located on the 3rd floor of Building B6, Laowaijie Cultural and Creative Park, Lane 791, Hongxu Road, Hongqiao Town, Shanghai. The factory, covering an area of ​​27,000 square meters, is located in Factory Building No. 5, Shuangchuang Base, Jiujiang Economic Development Zone, Jiangxi Province, making it one of the largest health supplement production factories in China. The company ranks among the top three in the national health supplement industry, focusing on providing nutritious, healthy, and delicious health supplements to consumers worldwide. Its products include high-end series such as food-medicine homology stews, bird's nest, abalone, shark fin, sea cucumber, and fish maw. The factory has introduced the world's most advanced production equipment, strictly controlling food quality with "high technology, high standards, high quality, and high efficiency," and is committed to creating "traditional and delicious Cantonese flavors."