C hen Jiancheng is a Chinese billionaire whose fortune is derived from his significant ownership stake in Wolong Electric Group, a major global manufacturer of electric motors and drive systems. The company was founded by his father, Chen Jiancheng, and has grown into a key supplier for a wide range of industries.
Wolong Electric produces motors that are used in everything from industrial machinery and home appliances to electric vehicles. The company has expanded its global footprint through strategic acquisitions, including the purchase of divisions from major international players like General Electric. Chen Jiancheng is a key member of the controlling family, and his wealth is tied to the success of this major industrial manufacturing enterprise that serves a vast and diverse global market.
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Chen Jiancheng is a Chinese businessman and billionaire whose fortune is rooted in the industrial manufacturing and real estate sectors. He controls Wolong Electric, a major supplier of motors, power transmission equipment, and batteries, and Wolong Real Estate, a property developer. His background is highly educated and industrial: he holds a Master of Arts degree from Zhejiang University.
Chen's career is defined by his commitment to essential industrial manufacturing. His initial focus was on motors and power equipment, recognizing the structural demand for these components in China's industrialization. This led to his successful acquisition of the ATB Group of Austria in 2011, positioning Wolong Electric as one of Europe's largest suppliers of industrial electric drive systems, securing his fortune through global industrial integration.
Chen Jiancheng's career is marked by the creation of a dual-pillar conglomerate: Wolong Electric (manufacturing) and Wolong Real Estate (property). His success is built on vertical integration and strategic diversification. Wolong Electric specializes in high-value components—motors, power transmission equipment, and batteries—which are essential to the manufacturing sector globally.
Under his management, the Wolong Group expanded its industrial reach significantly, making a major strategic move by acquiring the parent company of the Austrian ATB Group. This acquisition immediately provided Wolong Electric with a large European industrial footprint. Simultaneously, Wolong Real Estate capitalized on China's property boom. His daughter, Yanni, now chairs Wolong Real Estate, ensuring the generational continuity of the family's assets, while Chen remains the primary patriarch and guiding force.
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Founds the predecessor companies to Wolong Electric and Wolong Real Estate (Founding).
Wolong Electric acquires the parent company of the ATB Group of Austria (Strategic Acquisition).
His daughter, Yanni, assumes the role of Chairman of Wolong Real Estate (Generational Succession).
Continues to control the Wolong Group, a multi-sector industrial and real estate conglomerate (Executive Leadership).
Chen Jiancheng's wealth is concentrated in his control over the publicly listed industrial giant, Wolong Electric (SSE: 600580), and Wolong Real Estate (SSE: 600173).
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Chen Jiancheng's social impact is structural, stemming from Wolong Electric's role as a major manufacturer of essential industrial equipment. The company provides thousands of stable manufacturing jobs in China and Europe and contributes to the efficiency of industrial drive systems globally.
His personal philanthropy often supports educational institutions and community development. His career is a testament to the success of applying high-level management and financial strategy to a core industrial manufacturing business.
Chen Jiancheng maintains the traditional, professional style of a Chinese industrial patriarch. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of serious authority and stability, befitting a multi-billion dollar executive commanding a massive industrial manufacturing and real estate empire.
Residing in Shangyu, China, his luxury is the immense security and financial reward derived from his dominance in both essential manufacturing and property development. His life is defined by his commitment to industrial scale and efficiency across global markets.
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-0.14% | -$2.06M
+0.29% | +$13.70M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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