W ang Yanqing is a prominent Chinese entrepreneur and the visionary founder of Wuxi Lead Intelligent Equipment, a company that has become the world's largest manufacturer of equipment for producing lithium-ion batteries. His journey began in a humble radio factory, where he worked as an engineer for over a decade, mastering the intricacies of equipment design and manufacturing. In 1999, utilizing his technical expertise and personal savings, he founded what would become Wuxi Lead, initially focusing on capacitor manufacturing equipment before strategically pivoting to the nascent electric vehicle (EV) battery market.
Under Wang's leadership, Wuxi Lead Intelligent Equipment has evolved into a critical technological partner for the global new energy industry. The company provides turnkey smart manufacturing solutions to battery giants like CATL, LG Energy Solution, and Panasonic, as well as automotive leaders such as Tesla and Volkswagen. By securing a dominant position in the supply chain for EV batteries, Wang has benefited immensely from the global shift toward electrification. His company, listed on the Shenzhen Stock Exchange, is recognized for its high R&D investment and technological leadership, cementing Wang's status as a key figure in the green energy revolution.
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Wang Yanqing is a Chinese businessman, the self-made billionaire Founder, Chairman, and CEO of Wuxi Lead Intelligent Equipment Co., Ltd. (SZSE: 300450), the global leader in providing full-line manufacturing solutions for the New Energy sector (primarily lithium-ion batteries). His career is rooted in radio engineering, hands-on manufacturing, and entrepreneurial audacity.
Wang graduated from Changzhou Radio Engineering School in 1982 and worked as an equipment engineer for over 10 years. His philosophical approach centers on technological excellence, vertical integration, and long-term commitment to green energy equipment (pioneering the one-stop smart factory solution). He founded the precursor to LEAD in 1999 by borrowing ¥80,000 to start Wuxi Xiandao Capacitor Equipment Factory.
Wang Yanqing's strategic genius was his commitment to high-speed, precision manufacturing. He founded Wuxi Lead in 1999, initially focusing on capacitor equipment. A pivotal moment was successfully developing a high-speed winding machine for Panasonic, which established his company's reputation for world-class precision. He later pivoted aggressively into lithium-ion battery equipment (starting in 2008), recognizing the long-term potential of the EV market. His structural contribution is immense: pioneering the one-stop, fully automated production line solution for global battery manufacturers, earning over 22% of the global lithium battery intelligent equipment market by order value.
He led the company through its IPO on the Shenzhen Stock Exchange (SZSE) ChiNext board in 2015. He remains Chairman and CEO, guiding the green equipment giant's expansion into photovoltaic, 3C automation, and intelligent logistics.
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Graduates from Changzhou Radio Engineering School (Academic Entry).
Founds Wuxi Xiandao Capacitor Equipment Factory (precursor to LEAD) (Founding).
Collaborates with Sony to officially enter the lithium battery equipment industry (Strategic Pivot).
Wuxi Lead Intelligent Equipment executes its IPO on the SZSE (Financial Milestone).
LEAD achieves global dominance in lithium battery intelligent equipment and expands into solid-state batteries and hydrogen energy (Industrial Apex).
Wang Yanqing's wealth is concentrated in his founding equity (holding approximately 29%) and continued executive leadership of the publicly traded technology giant, Wuxi Lead Intelligent Equipment Co., Ltd. (SZSE: 300450), and its private investments.
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Wang Yanqing's social impact is structural, stemming from Wuxi Lead's role as the world's largest supplier of equipment that enables the mass production of lithium batteries and solar technology. His company contributes significantly to the global clean energy transition and employs over 15,000 staff worldwide. His personal philosophy emphasizes returning to the essence of value creation and supporting high-quality industrial development.
His personal philanthropy supports various community and educational initiatives.
Wang Yanqing maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits, though he is known to immerse himself in the factory floor, earning the nickname of the chief engineer for his hands-on approach to equipment design.
Residing in Wuxi, China, his wealth is dedicated to industrial R&D, corporate governance, and the long-term strategic growth of the new energy equipment supply chain.
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“Our strategy is simple: 'technology in sync, equipment ahead.' When our clients are still testing new ideas, our team is already designing scalable manufacturing solutions.”
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+0.31% | +$7.20M
+1.32% | +$81.28M
This profile is compiled from verified biographical and financial records:
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