Billionaire Profile
Chen Jiancheng
Global Rank
#1850

Image: Public domain | via Wikimedia Commons

Chen Jiancheng

CEO, Wolong Electric
CN
Real-Time Net Worth
$3.3B
As of December 2025
Age
66
Source
Manufacturing
Industry
manufacturing
Citizenship
CN

Biography

Chen Jiancheng, a self-made Chinese billionaire, is a prominent figure in the manufacturing industry. His estimated net worth is $3.3 billion. He is the chairman of Wolong Electric Group and also controls Wolong Real Estate, a property developer. Chen's career began in the manufacturing sector and led to the founding of Wolong Group. His strategic acquisitions, including the purchase of the parent company of ATB Group of Austria, expanded the company's global presence in the industrial electric drive systems market. Chen's leadership emphasizes innovation, quality, and sustainability within the electric power sector. He was also the Entrepreneur of the Year in China.

Wealth Over Time

In-Depth Profile

Early Life

Chen Jiancheng was born in Shangyu, Zhejiang Province, China. He started working at the age of 16. In 1984, he left his factory job and, along with six colleagues, co-founded the predecessor to Wolong.

Rise to Success

Chen's career advanced through the motor manufacturing and real estate industries. He built Wolong Electric into a significant manufacturer, and he also controls Wolong Real Estate. A pivotal moment was the 2011 acquisition of the parent company of Austria's ATB Group, which boosted Wolong Electric's stature as a leading European supplier of industrial electric drive systems.

Key Business Strategies

Chen's business strategies include strategic acquisitions and focus on energy-efficient solutions. His leadership has helped Wolong Electric to become a key player in the production of motors, power transmission equipment, and batteries. Innovation, quality, and sustainability are at the core of his success. His daughter Yanni chairs Wolong Real Estate.

Philanthropy

Information on Chen Jiancheng's specific philanthropic endeavors is not readily available through the search results.

Career Milestones

1984

Co-founded Wolong Group

Co-founded the predecessor business of Wolong with six fellow workers.

2011

Acquired the parent company of ATB Group

Wolong Electric acquired the parent company of ATB Group of Austria, making it one of the largest suppliers of electric drive systems for industrial applications in Europe.

Philanthropy & Social Impact

Information not available

Information not available

Undisclosed

Information on Chen Jiancheng's specific philanthropic endeavors is not readily available.