L i Gaiteng is the founder and chairman of Shanghai Flyco Electrical Appliance, a leading Chinese brand for personal care electronics. He started his career humbly as a motorcycle repairman before founding Flyco in 1999. The company specializes in electric shavers, hair dryers, and irons, competing directly with international brands like Philips in the Chinese market.
Flyco is known for its strong brand presence and extensive distribution network across China. Li took the company public on the Shanghai Stock Exchange in 2016. His wife, Lin Yu'e, serves as an executive director, and the family retains a controlling interest in the business. Li's success story is a classic example of grassroots entrepreneurship in China's manufacturing sector.
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Li Gaiteng is a Chinese businessman, the founder and chairman of Shanghai Flyco Electrical Appliance, a major maker of personal care appliances such as electric razors and hair dryers.
Li started the business after working as a motorcycle repairman. He is the majority owner of Flyco, and his wife, Lin Yu'e, is an executive director at the company.
Li Gaiteng’s career is a major success story of entrepreneurial transition from repair services to high-volume manufacturing. His structural achievement is building Flyco Electrical Appliance into a dominant domestic brand in the personal care sector, capitalizing on China's rising middle class.
As majority owner and chairman, he guides the company's continuous growth and product diversification, maintaining a strong position in the essential consumer appliance market.
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Worked as a motorcycle repairman.
Founds and chairs Shanghai Flyco Electrical Appliance.
Wife Lin Yu'e serves as an executive director.
Li Gaiteng's wealth is concentrated in his controlling stake and continued leadership of the private consumer appliance giant, Shanghai Flyco Electrical Appliance.
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-0.02% | -$0.44M
+15.7% | +$282.46M
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