J iang Yintai is a Chinese billionaire who is the founder and chairman of Zhejiang Longsheng Group, a major global manufacturer of textile dyes and other specialty chemicals. He started his business in the 1970s and has since built it into a dominant player in its industrial sector. The company is a key supplier to the massive global textile industry.
Longsheng Group is one of the world's largest producers of dyestuffs, the chemical compounds used to color fabrics. Under his leadership, the company has grown through both strong organic growth and a series of acquisitions, consolidating its market position. The company is publicly traded on the Shanghai Stock Exchange, and his family retains a controlling stake. He has also diversified his business interests into other areas, including real estate and automotive parts.
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Jiang Yintai is a Chinese businessman, the self-made billionaire Chairman of Shanghai Daimay Automotive Interior Co., Ltd. (SSE: 603730), a major manufacturer of auto parts (including sun visors, seats, headrests, and steering wheels). His wealth is rooted in the high-growth Chinese automotive supply chain.
Jiang's career is defined by his commitment to industrial scale and his long-term vision for the Chinese automotive market. He set up Daimay on the island of Daishan in Zhejiang Province in 1982, positioning the company to benefit from China's subsequent explosion in auto manufacturing. His philosophy centers on quality, efficiency, and securing long-term contracts with major global automakers.
Jiang Yintai's strategic genius was his early establishment of Daimay (1982), positioning it to become a crucial supplier to the major global automakers that entered the Chinese market in the 1990s and 2000s. He moved the headquarters to Shanghai in 2002, closer to the industrial and financial hubs. Under his leadership, Daimay built a reputation for quality and reliability in components like sun visors and seats.
The company successfully executed its IPO on the Shanghai Stock Exchange (SSE). His wealth, estimated at $1.8 billion (2025 estimate), is secured by the colossal, long-term, stable profitability of the global automotive parts manufacturing sector. His structural contribution is tied to the successful integration of Chinese manufacturers into the highly regulated global automotive supply chain.
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Sets up Daimay on the island of Daishan (Founding).
Moves the headquarters to Shanghai (Strategic Transition).
Daimay successfully executes its IPO on the SSE (Financial Milestone).
Continues as Chairman, securing long-term contracts with global automakers like GM and Volkswagen (Executive Oversight).
Jiang Yintai's wealth is concentrated in his founding equity and retained executive leadership role in the publicly traded manufacturing giant, Shanghai Daimay Automotive Interior (SSE: 603730).
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Jiang Yintai's social impact is structural, stemming from Daimay's role as a massive industrial employer (thousands of jobs) and a foundational supplier of essential components for the global automotive industry. The company contributes significantly to China's industrial output and technological capacity in the auto sector.
His personal philanthropy supports various community and educational initiatives. His structural contribution is tied to the successful industrialization of the automotive supply chain in China, making it a key exporter of auto components.
Jiang Yintai maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized automotive manufacturing sector.
Residing in Shanghai, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, manufacturing precision, and the long-term, stable growth of the global automotive supply chain.
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-0.14% | -$2.52M
-0.02% | -$0.57M
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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