D ong Jinggui is a Chinese billionaire and the chairman of Yantai Jereh Oilfield Services Group, a leading private provider of equipment and services for the oil and gas industry in China. He has built his company into a major player by serving the needs of China's massive state-owned energy companies as they work to extract the country's oil and gas resources.
Jereh Group manufactures a wide range of oilfield equipment, including fracking trucks and drilling components, and also provides engineering and technical services. Under Dong's leadership, the company has not only become a key domestic supplier but has also expanded its business internationally, exporting its equipment to energy-producing regions around the world. The company is publicly traded on the Shenzhen Stock Exchange, and Dong's controlling stake is the basis of his fortune.
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Dong Jinggui is a Chinese businessman, the self-made billionaire co-founder and Chairman of Yadea Group Holdings Limited (HKSE: 1585), the world's largest manufacturer of electric scooters and bicycles. His career is rooted in the early transformation of China's transportation and manufacturing sectors. He and his wife, Qian Jinghong, began their entrepreneurial journey in 1998 by engaging in the wholesale and retail of motorcycle parts in Jiangsu province.
Dong's career is defined by his strategic, timely pivot from traditional motorcycles to electric vehicles (EVs). Recognizing the immense, long-term structural demand for affordable, clean urban mobility in China, he positioned Yadea as the dominant player in the electric two-wheeler market.
Dong Jinggui co-founded the precursor to Yadea Group Holdings in 1997 (originally Bauhinia). His pivotal move came in 2004 when he switched the company's focus entirely to making electric vehicles (EVs) under the brand name Yadea. His strategic vision was to dominate the electric two-wheeler market through massive scale, continuous R&D (employing 340 people in development), and technological innovation (e.g., developing graphene batteries).
Under his leadership, Yadea scaled dramatically, becoming the world's largest manufacturer of electric scooters, selling 6 million two-wheelers annually (as of 2020) and operating in 80 countries. The company executed its successful IPO on the Hong Kong Stock Exchange in 2016, securing Dong's multi-billion dollar fortune. Yadea also engages in high-profile collaborations, including a partnership with the Porsche Design Center to create the VF F200 e-scooter, cementing its status as a technological and design leader in urban mobility.
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Starts wholesale and retail of motorcycle parts with his wife (Early Venture).
Pivots the brand to Yadea and begins manufacturing electric vehicles (Strategic Pivot).
Yadea executes its successful IPO on the HKSE (Financial Milestone).
Collaborates with the Porsche Design Center to launch the VF F200 e-scooter (Design Milestone).
Maintains an ownership stake of 1.96 billion shares (Financial Status).
Continues as Chairman, guiding the world's largest manufacturer of electric scooters (Executive Leadership).
Dong Jinggui's wealth is concentrated in his founding equity and continued executive leadership of the publicly listed technology manufacturer, Yadea Group Holdings Limited (HKSE: 1585).
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Dong Jinggui's social impact is massive and structural, stemming from Yadea's role in providing affordable, clean urban mobility to hundreds of millions of people globally. His company's products reduce reliance on gasoline vehicles and contribute significantly to reduced urban pollution and carbon emissions.
His structural contribution is the successful transformation of China's two-wheeler industry toward electric vehicles, creating thousands of stable manufacturing jobs in Jiangsu province.
Dong Jinggui maintains the professional, pragmatic style of a Chinese industrial executive. 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 manufacturing base dedicated to the EV industry.
Residing in Wuxi, China, his luxury is the immense security and financial reward derived from his dominance in a crucial, high-tech industrial sector. His life is defined by his commitment to industrial scale, efficiency, and the continuous innovation of electric two-wheeler technology.
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This profile is compiled from verified biographical and financial records:
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