Image: Public domain | via Wikimedia Commons
Deng Weiming, a 57-year-old self-made billionaire, chairs CNGR Advanced Material, a leading manufacturer of battery components. His source of wealth stems from his pioneering work in the battery components industry. Deng's career began in 1995 when he started his own business, and he founded CNGR in 2004. As of December 5, 2025, Deng's estimated net worth is $2.1 billion, reflecting a dynamic presence in the global manufacturing sector.
Deng Weiming's early life is not extensively detailed in public records. However, it is known that he started his entrepreneurial journey at the age of 27.
Deng Weiming founded CNGR Advanced Material in 2004. Under his leadership, CNGR has grown into a major player in the battery components industry, supplying components for lithium batteries used in electric vehicles. Key customers include Contemporary Amperex Technology, LG Chem, and Tesla. Deng's strategic vision and business acumen have been instrumental in the company's growth and success.
CNGR has focused on research and development, particularly in high-nickel, low-cobalt ternary precursors. The company has also expanded globally, establishing a presence in South Korea and Indonesia. Deng has emphasized the importance of innovation and building a global integrated industrial layout, from raw materials to recycling.
Specific philanthropy details and amounts for Deng Weiming are unavailable in the search results.
Deng Weiming initiated his entrepreneurial journey.
Established CNGR, focusing on battery components.
Philanthropic details are not available in search results.
""endeavouring for our dreams, brainstorming for our dreams, and sprinting for our dreams" in 2022"
Maintaining technological leadership within the battery components industry.
Building a global integrated and synergistic industrial layout.
