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Ye Shanqun & family

Ye Shanqun & family

Y. family
-0.14% | - $-1.86M
$1.35 B ₹ 12,280 Cr
Real Time Net Worth #2698 Ranking as of 21 Feb 2026 By Forbes

More on Ye Shanqun & family

Gender

Male

Age

77Y

Country

China

Born On

January, 1949

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Zhejiang Shuanghuan Driveline

Titles

Founder

Sources of Wealth

Manufactured Goods

Industry

Manufacturing, Automotive

About Ye Shanqun & family


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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Quick Reads


Early Life and Background


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.

  • Core Company: Zhejiang Shuanghuan Driveline (Gear Components).
  • Founding: Built up Shuanghuan in 1980 with only 3,000 yuan.
  • Products: Leading global manufacturer in the gear component industry.

Career Journey of Ye Shanqun & family


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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Ye Shanqun & family's Timeline


1980 (Spring):

Built up Shuanghuan with 3,000 yuan and five instrument lathes.

2010:

Zhejiang Shuanghuan Driveline executes its IPO at the Shenzhen Stock Exchange.

Ongoing:

Continues to guide the company's global operations.

Major Business Ventures and Investments


Ye Shanqun's wealth is concentrated in his founding equity and continued leadership of the publicly traded industrial manufacturing giant, Zhejiang Shuanghuan Driveline.

  • Zhejiang Shuanghuan Driveline (SZSE: 002472): Founder of the global gear component manufacturer.
  • Customers: Supplies Cummins, Caterpillar, and SAIC Motor.
  • Global Footprint: Has operations in Hungary to support the European market.

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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 built up Shuanghuan in 1980 with only 3,000 yuan.
  • The company is a leading global manufacturer in the gear component industry.
  • Customers include Cummins, Caterpillar, and SAIC Motor.
  • Shuanghuan set up a company in Hungary to support its Europe market.

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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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