Forbes China’s June-July issue highlights the country’s top CEOs.
Forbes China
Robin Zeng, chairman of battery giant Contemporary Amperex Technology Co. Limited (CATL), has secured the top position on the latest Forbes China Best CEOs list, released in the publication’s June-July issue.
CATL has flourished as a key supplier to China’s automotive sector, which leads global electric vehicle production. Its client roster includes major players such as BMW, Geely, and Tesla. This dominance has propelled Zeng onto the Forbes Real-Time Billionaires List with an estimated net worth of $57 billion. The company maintains a dual listing in Hong Kong and Shenzhen, with its headquarters situated in Zeng’s hometown of Ningde, Fujian Province.
Zhongji InnoLight CEO Liu Sheng claimed the second spot following a more than sixfold surge in the transceiver module maker’s shares on the Shenzhen Stock Exchange over the past year. The rally elevated Liu’s fortune to $6.1 billion. Liu founded Google-backed InnoLight Technology in 2008.
Cambricon Technologies Corp. Chairman Chen Tianshi ranked third. Often dubbed China’s answer to Nvidia, the chipmaker’s shares have soared amid robust demand. Chen, who holds a Ph.D. from the University of Science and Technology of China, commands a fortune valued at $46 billion.
Eoptolink Technology CEO Huang Xiaolei placed fourth. Founded in 2008 and based in Chengdu, the firm manufactures optical modules for data broadband, telecommunications, and data center applications.
Rounding out the top five is Midea Group Chairman Fang Hongbo. Shares of the global home appliance leader have risen over 15% in the past year on the Shenzhen exchange, lifting Fang’s net worth to $1.8 billion.
The Forbes China Best CEOs ranking evaluates listed companies based on stock price performance, market capitalization, revenue, net profit, profit growth, return on assets, and return on equity.
