Rank #475
Zhang Daocai
Net worth $7.8B
Valves · China
- Born
- Jan 01, 1950
- Age
- 76
- Source
- Valves
- Residence
- Shaoxing, Zhejiang
- Citizenship
- China
- Marital status
- Children
- 2
- Education
Net worth over time
Biography
- 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.
Financial assets
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