Ma Bin & family
$2.4B
Born
Jan 01, 1971
Age
55
Source of Wealth
manufacturing
Residence
Nantong, Jiangsu
Citizenship
China
Marital Status
Married
Children
0
Education
- Ma Bin is the founder of Jiangsu Shemar Electric, a manufacturer of power equipment used in transmission substations and distribution systems. He stepped down as chairman in July 2025 and was succeeded by his daughter, Ma Cheng.
- Ma, who founded the company in 1996, took it public on the Shanghai Stock Exchange in 2019.
- In 2023, Shemar expanded into the U.S. and established its first subsidiary in Memphis, Tennessee.
- Today the company's products are used in 100 countries and regions through manufacturers including Hitachi ABB, GE and Siemens.
| Exchange | Ticker | Company Name | Number Of Shares | Share Price | Currency Code |
|---|