Zhang Daocai
$8.5B
Born
Jan 01, 1950
Age
76
Source of Wealth
Valves
Residence
Shaoxing, Zhejiang
Citizenship
China
Marital Status
Children
2
Education
- Zhang Daocai is the chairman of Sanhua Holding Group, whose interests include refrigeration, air conditioning and automotive thermal management components as well as finance.
- He founded Sanhua in 1984 and listed the refrigeration and air conditioning parts arm, Zhejiang Sanhua Intelligent Controls, on the Shenzhen Stock Exchange in 2005.
- It had a dual listing on the Hong Kong stock exchange in June 2025.
- His son Zhang Yabo is the chairman of the listed arm, younger son Zhang Shaobo serves as its director.
- The group's 48 factories across the globe supply to international brands such as BMW and Panasonic.
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