Billionaire Profile
Zhang Daocai
Global Rank
#554

Image: Public domain | via Wikimedia Commons

Zhang Daocai

CEO, Sanhua Holding Group
CN
Real-Time Net Worth
$6.8B
As of December 2025
Age
75
Source
Valves
Industry
diversified
Citizenship
CN

Biography

Zhang Daocai, the chairman of Sanhua Holding Group, is a prominent figure in the global industrial sector. He founded Sanhua in 1984, which has become a leading manufacturer of components for air conditioning, automotive thermal management, and other industrial applications. With a current net worth estimated at $6.8 billion, Zhang's wealth stems from his visionary leadership and strategic expansion of Sanhua. His career, spanning decades, reflects his dedication to innovation and quality, propelling Sanhua to become a major player in its industry.

Wealth Over Time

In-Depth Profile

Early Life and Founding of Sanhua

Zhang Daocai founded Sanhua in 1984 in Zhejiang, China, initially focusing on refrigeration components. His early career saw him serving as Supply & Marketing Section Chief, before starting his own venture. This marked the beginning of his journey in the manufacturing sector, setting the stage for his future successes.

Rise to Success

Under Zhang Daocai's leadership, Sanhua expanded its product range to include components for air conditioning valves. A significant milestone was the listing of Zhejiang Sanhua Intelligent Controls on the Shenzhen Stock Exchange in 2005. The company's commitment to quality was underscored by winning the China Quality Award in 2008.

Key Business Strategies

Zhang Daocai's leadership has been marked by a focus on technological advancement and strategic acquisitions. Sanhua expanded through acquisitions, such as Ranco Valve division from Invensys, bolstering its market position. Zhang has prioritized innovation, integrating automation and AI into manufacturing processes. This has led to the development of cutting-edge products, establishing long-term partnerships with leading brands such as BMW and Panasonic.

Philanthropy

Information on specific philanthropy amounts could not be found via search.

Career Milestones

1984

Founded Sanhua Holding Group

Established Sanhua as a refrigeration components manufacturer in Zhejiang, China.

2005

Listed Zhejiang Sanhua Intelligent Controls

Listed the refrigeration and air conditioning parts arm on the Shenzhen Stock Exchange.

2008

China Quality Award

Sanhua won the China Quality Award.

Philanthropy & Social Impact

Unknown

Unknown

$XB

Details not found in search results.

Business Philosophy & Leadership

Notable Quotes

""How big the world depends on your mind and how far you can go depends on your insight.""

Leadership Principles

Focus on Green Development

Committed to green development and sustainable practices within the industry.

Emphasis on Innovation

Driven by a constant drive for innovation and technological excellence.