S hi Yifeng is a Chinese entrepreneur who has amassed a significant fortune through his involvement in the real estate and chemical industries. He is best known as the chairman of Hongrun Construction Group, a major construction and real estate development company based in China's Zhejiang province. He took over the leadership of the family-controlled business and has been responsible for its continued growth.

Hongrun Construction Group operates in several segments, including building construction, infrastructure projects, and real estate development. Under Shi's leadership, the company has undertaken numerous large-scale projects, contributing to the rapid urbanization in its home province and beyond. In addition to the construction business, his family also controls Zhejiang Hongrun Petrochemical, a company involved in the chemical industry. His wealth is derived from his family's substantial stakes in these publicly traded companies, reflecting a business empire built on China's industrial and urban expansion.