C hen Guodong is a Chinese businessman and the chairman of Ningbo Shanshan, a diversified company with its roots in the apparel industry. He has been a key executive at the company, which was founded by Zheng Yonggang, and has played an important role in its strategic pivot into new and high-tech industries.
While Shanshan started as one of China's first major menswear brands, under its new leadership, it has transformed into a leading global supplier of lithium-ion battery materials. The company is a major producer of anode and cathode materials, which are critical components for the batteries used in electric vehicles and consumer electronics. Chen's wealth is derived from his stake in the company, which has seen its value soar due to its successful transition into a key player in the green energy supply chain.
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