S un Mengquan is the founder and honorary chairman of Shenglong Group, a prominent Chinese real estate development company. He has built his fortune by navigating China's rapid urbanization, developing large-scale residential and commercial projects across the country. Sun founded the company in the 1990s in Fujian province, initially focusing on local residential housing. With a keen sense of market trends and an aggressive expansion strategy, he grew Shenglong Group into a national player, with a particularly strong presence in second and third-tier cities like Zhengzhou and Fuzhou.

His success is rooted in a model of rapid development and large-scale projects, often creating entire city districts with integrated residential, commercial, and public facilities. In the 2010s, Sun expanded his business interests internationally, making significant investments in the Australian real estate market, particularly in Sydney and the Gold Coast, through the Australian arm of his company. Despite facing the challenges inherent in the highly competitive and often volatile Chinese property market, Sun has managed to build and sustain a substantial real estate empire. He maintains a low public profile, with his family, particularly his son Lin Yi, now taking on more significant roles in the group's operations.

Quick Reads:

• Founder and honorary chairman of the Chinese real estate firm Shenglong Group.
• Built his fortune developing large-scale property projects across China.
• The company is particularly active in second and third-tier Chinese cities.
• Expanded operations internationally with major real estate investments in Australia.
• Shenglong Group was founded in Fujian province in the 1990s.