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Ye Shanqun & family
Rank #2824
CHINAManufacturingmanufactured goods

Ye Shanqun & family

Net Worth
$1.319B
-8.43% (24h)
Ye Shanqun, a self-made 77-year-old billionaire, derives his wealth from Zhejiang Shuanghuan Driveline, a global leader in the gear component industry. With a net worth of $1.1 billion as of March 23, 2026, Ye built the company in 1980 with modest beginnings and has since expanded its reach to include major clients like Cummins, Caterpillar, and SAIC Motor. His career reflects decades of experience in the manufactured goods sector, marked by strategic growth and a commitment to quality.

How to read Ye Shanqun & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Ye Shanqun & family, we anchor the narrative to manufactured goods and manufactured goods, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.319B alongside global rank #2824, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Ye Shanqun was born in 1949. He started Zhejiang Shuanghuan Driveline in Hangzhou, Zhejiang province, in the spring of 1980 with an initial investment of only 3,000 yuan and five instrument lathes.

Rise to Success

Zhejiang Shuanghuan Driveline went public on the Shenzhen Stock Exchange in 2010. The company has been in the mechanical transmission business for over 40 years, establishing itself as a global manufacturer in the gear component industry.

Key Business Strategies

The company's success is tied to its focus on mechanical transmission and its ability to secure major clients, including Cummins, Caterpillar, and SAIC Motor, China's largest automaker. Shuanghuan also established a company in Hungary to support its European market.

Philanthropy

While specific philanthropy amounts are not readily available, Ye Shanqun's family is associated with the Yeh Family Philanthropy, which focuses on education and social-emotional learning programs in Hong Kong and China.

Career Timeline

2010

Zhejiang Shuanghuan Driveline IPO

Zhejiang Shuanghuan Driveline went public on the Shenzhen Stock Exchange.

1980

Founded Zhejiang Shuanghuan Driveline

Ye Shanqun established Zhejiang Shuanghuan Driveline with a small initial investment in Hangzhou, Zhejiang province.

Philanthropic Impact

EducationUnknown

Education and Social-Emotional Learning Programs

The Yeh Family Philanthropy supports education initiatives and social-emotional learning programs in Hong Kong and China.

Key Business Ventures & Holdings

Net Worth History

In-Depth Analysis

Early Life

Ye Shanqun was born in 1949. He started Zhejiang Shuanghuan Driveline in Hangzhou, Zhejiang province, in the spring of 1980 with an initial investment of only 3,000 yuan and five instrument lathes.

Rise to Success

Zhejiang Shuanghuan Driveline went public on the Shenzhen Stock Exchange in 2010. The company has been in the mechanical transmission business for over 40 years, establishing itself as a global manufacturer in the gear component industry.

Key Business Strategies

The company's success is tied to its focus on mechanical transmission and its ability to secure major clients, including Cummins, Caterpillar, and SAIC Motor, China's largest automaker. Shuanghuan also established a company in Hungary to support its European market.

Philanthropy

While specific philanthropy amounts are not readily available, Ye Shanqun's family is associated with the Yeh Family Philanthropy, which focuses on education and social-emotional learning programs in Hong Kong and China.

Data Sources & Methodology

Figures for Ye Shanqun & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.