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1290
In the world today
Yang Weidong

Yang Weidong

Y. Weidong
-0.14% | - $-4.41M
$3.21 B ₹ 29,166 Cr
Real Time Net Worth #1290 Ranking as of 21 Feb 2026 By Forbes
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More on Yang Weidong

Gender

Male

Age

58Y

Country

China

Born On

January, 1968

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Chemicals)

Primary Organization

Satellite Chemical

Titles

Chairman

Sources of Wealth

Petrochemicals

Industry

Manufacturing, Chemicals

About Yang Weidong

Y ang Weidong is the chairman of Satellite Chemical (formerly Zhejiang Satellite Petrochemical), a leading private chemical producer in China. He built the company from a small workshop into a major integrated petrochemical complex specializing in the C2 and C3 industrial chains. The company produces acrylic acid, esters, and other advanced materials used in textiles, coatings, and hygiene products.

Yang is known for his bold strategic moves, such as pioneering the import of ethane from the United States to feed his massive crackers in Jiangsu, a cost-effective alternative to oil-based feedstocks. He took the company public on the Shenzhen Stock Exchange in 2011. Under his leadership, Satellite Chemical has invested billions in expansion projects, aiming to become a global leader in functional chemicals and new materials.

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Quick Reads

Early Life and Background

Yang Weidong is a Chinese businessman, the Chairman of Zhejiang Satellite Petrochemical (SZSE: 002641).

The company's product line includes specialized petrochemicals such as acrylic acid esters, methacrylic acids, pigment intermediates and acrylic emulsion polymers. Satellite successfully went public at the Shenzhen Stock Exchange in 2011.

  • Core Company: Zhejiang Satellite Petrochemical (Petrochemicals).
  • Products: Includes acrylic acid esters and methacrylic acids.
  • IPO: Listed at the Shenzhen Stock Exchange in 2011.

Career Journey of Yang Weidong

Yang Weidong's career is defined by his long-term leadership in the chemical manufacturing industry. His structural achievement is tied to establishing Zhejiang Satellite Petrochemical as a major, publicly traded supplier of specialized petrochemical products, which are essential inputs for plastics, coatings, and various industrial applications.

The company's 2011 IPO secured his wealth and positioned the firm for continuous expansion in the chemical commodity market.

  • Key Products: Supplies pigment intermediates and acrylic emulsion polymers.

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Yang Weidong's Timeline

2011:

Satellite went public at the Shenzhen Stock Exchange.

Ongoing:

Continues as Chairman.

Major Business Ventures and Investments

Yang Weidong's wealth is concentrated in his controlling stake and continued leadership of the publicly traded industrial giant, Zhejiang Satellite Petrochemical.

  • Zhejiang Satellite Petrochemical (Chairman): Supplier of specialized petrochemical products.
  • Sector Focus: Chemical manufacturing, petrochemicals, and industrial materials.
  • IPO: Went public in 2011.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He chairs Zhejiang Satellite Petrochemical.
  • The company's product line includes acrylic acid esters, methacrylic acids, and pigment intermediates.
  • Satellite went public at the Shenzhen Stock Exchange in 2011.

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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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