Billionaire Profile

Global Rank

#2976

Image: Public domain | via Wikimedia Commons

Qian Jinghong

CEO, Yadea Group

Real-Time Net Worth

$1.1B

As of December 2025

Age

Source

Electric scooters

Industry

automotive

Citizenship

Biography

Qian Jinghong, a prominent figure in the automotive industry, is the co-founder and vice chairman of Yadea Group, the world's leading manufacturer of electric scooters and bicycles. With a net worth of $1.1 billion, Qian has played a crucial role in Yadea's success since its founding in 2001. Her focus on electric scooters has positioned Yadea at the forefront of the micro-mobility market. Qian's career reflects her commitment to sustainable transportation, as evidenced by Yadea's innovative use of sodium-powered batteries, offering a more affordable and safer alternative to traditional lithium batteries. She and her husband, Dong Jinggui, have propelled Yadea to become a global leader, with sales exceeding those of the next twenty electric two-wheeler brands combined.

Wealth Over Time

Portfolio Holdings

Yadea Group

In-Depth Profile

Early Life and Career

Qian Jinghong, along with her husband Dong Jinggui, founded Yadea Group in 2001 in Wuxi, China. Qian and Dong previously worked at a motorcycle company before starting Yadea. Their early focus was on the growing market for electric two-wheelers, capitalizing on the increasing demand for sustainable and efficient transportation solutions.

Rise to Success

Under Qian's leadership, Yadea has grown exponentially. The company strategically focused on innovation, particularly in battery technology. Yadea's innovation with graphene-based batteries that charged to 80% in an hour. The company was listed on the Hong Kong Stock Exchange in 2016. In 2024, Yadea launched a new two-wheeler with sodium-powered batteries, showing Qian's commitment to innovation.

Key Business Strategies

Yadea's success stems from several key strategies: focusing on technology, market leadership, and sales, with over 95% of the company’s revenue coming from Mainland China. Yadea has also expanded its market presence in other countries. By 2024, the company expects a significant increase in revenue, driven by the success of its product lines.

Philanthropy

While specific philanthropy amounts are unavailable, Yadea's commitment to sustainability through its products indicates a broader focus on environmental responsibility. The company's mission to simplify movement aligns with creating a positive impact, reflecting a commitment to social responsibility.

Career Milestones

2001

Co-founded Yadea Group

Founded Yadea Group with her husband, Dong Jinggui, entering the electric scooter and bicycle market.

2016

Yadea IPO

Yadea Group went public on the Hong Kong Stock Exchange.

2024

Launched new two-wheeler

Yadea launched a Vespa-like two-wheeler powered by sodium batteries.

Philanthropy & Social Impact

Environmental

Sustainability Initiatives

Undisclosed

Committed to sustainability through innovative battery technology and environmentally friendly transportation solutions.