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Wang Yanqing & family

Wang Yanqing & family

W. family
-0.14% | - $-6.53M
$4.74 B ₹ 43,150 Cr
Real Time Net Worth #887 Ranking as of 21 Feb 2026 By Forbes

More on Wang Yanqing & family

Gender

Male

Age

59Y

Country

China

Born On

April, 1966

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Changzhou Radio Industry School

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing Technology)

Primary Organization

Wuxi Lead Intelligent Equipment

Titles

Founder, Chairman & CEO

Sources of Wealth

Wuxi Lead Intelligent Equipment

Industry

Manufacturing, Energy, Technology

About Wang Yanqing & family


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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Quick Reads


  • Founder, Chairman, and CEO of Wuxi Lead Intelligent Equipment.
  • The company is the world's leading supplier of lithium-ion battery manufacturing equipment.
  • He started his career as a technician in a radio factory before striking out on his own.
  • Pivoted the company from capacitor equipment to battery equipment, anticipating the EV boom.
  • Key supplier to major industry players like CATL, Tesla, and Volkswagen.

Early Life and Background


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.

  • Wuxi Lead Intelligent Equipment (Founder & Chairman/CEO): The core publicly traded asset, the world's largest provider of lithium battery intelligent equipment (covering mixing, coating, stacking, and packaging).
  • Industrial Pioneer: His success is built on scale automation and dominating the global market for EV battery manufacturing solutions, serving clients like CATL, LG Energy Solution, Panasonic, and Volkswagen.
  • Academic Background: He started his career as a radio equipment engineer and is known as the 'chief engineer' on the factory floor.
  • Investment Strategy: His philosophy emphasizes technology in sync, equipment ahead, focusing on being the first to design scalable manufacturing solutions for next-generation technologies like solid-state batteries and hydrogen energy.

Career Journey of Wang Yanqing & family


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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Wang Yanqing & family's Timeline


1982:

Graduates from Changzhou Radio Engineering School (Academic Entry).

1999:

Founds Wuxi Xiandao Capacitor Equipment Factory (precursor to LEAD) (Founding).

2008:

Collaborates with Sony to officially enter the lithium battery equipment industry (Strategic Pivot).

2015 (May):

Wuxi Lead Intelligent Equipment executes its IPO on the SZSE (Financial Milestone).

Ongoing:

LEAD achieves global dominance in lithium battery intelligent equipment and expands into solid-state batteries and hydrogen energy (Industrial Apex).

Major Business Ventures and Investments


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.

  • Wuxi Lead Intelligent Equipment (Core Asset): World's largest provider of new energy intelligent manufacturing solutions, including equipment for lithium batteries, solar cells, and hydrogen energy systems.
  • Key Clients: Major global cell makers such as CATL (largest customer), LG, and Panasonic, as well as global OEMs like Volkswagen and BMW.
  • Diversification: The company actively develops technologies for solid-state batteries, perovskite solar cells, and full smart factory solutions (LEADACE platform).
  • Global Footprint: LEAD has established over 19 overseas subsidiaries and branches across Europe, the US, and Asia.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


“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.”

Fun Facts & Trivia


  • He is the Founder and CEO of Wuxi Lead Intelligent Equipment, the world's largest provider of lithium battery equipment.
  • He worked as an equipment engineer for over a decade before founding his company.
  • His company supplies equipment to global giants like CATL, LG, Panasonic, and Volkswagen.
  • Wuxi Lead provides full turnkey smart factory solutions for the entire battery production process.
  • His philosophy emphasizes internal technological innovation to navigate industry cycles.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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