Y e Shanqun is the founder of Zhejiang Shuanghuan Driveline, a leading Chinese manufacturer of high-precision gears and transmission components. He started the business in 1980 in Yuhuan, Zhejiang province, with just a few thousand yuan and a handful of lathes. Over four decades, he built the company into a global supplier, providing critical components to major automotive and industrial clients like SAIC Motor, Cummins, and Caterpillar.
Shuanghuan Driveline went public on the Shenzhen Stock Exchange in 2010. Ye's focus on technological innovation and quality control has allowed the company to compete internationally, even establishing operations in Hungary to serve the European market. His wealth is derived from his controlling stake in the company, which remains a key player in the global mechanical transmission industry.
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Ye Shanqun is a Chinese businessman, the founder of Zhejiang Shuanghuan Driveline (SZSE: 002472), a leading global manufacturer in the gear component industry.
He built up Shuanghuan in the spring of 1980 with only 3,000 yuan and five instrument lathes in Hangzhou, Zhejiang province. The company specializes in mechanical transmission systems and serves customers like Cummins, Caterpillar, and SAIC Motor.
Ye Shanqun's career is defined by his long-term commitment to industrial manufacturing. Starting with a modest investment in 1980, he grew Shuanghuan into a major global supplier of gear components.
The company went public at the Shenzhen Stock Exchange in 2010. Shuanghuan has expanded internationally, setting up a company in Hungary to support its Europe market and supplying global giants like Caterpillar.
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Built up Shuanghuan with 3,000 yuan and five instrument lathes.
Zhejiang Shuanghuan Driveline executes its IPO at the Shenzhen Stock Exchange.
Continues to guide the company's global operations.
Ye Shanqun's wealth is concentrated in his founding equity and continued leadership of the publicly traded industrial manufacturing giant, Zhejiang Shuanghuan Driveline.
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+0.4% | +$89.27M
+3.67% | +$8.43B
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