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net worth of 34.5 billion

With the limelight of new energy vehicles, CATL has become one of the most shining companies in this outlet. Of course, their ability to create wealth is also very strong.

Zeng Yuqun’s current net worth is US$34.5 billion, surpassing Li Ka-shing and Li Shau-kee, who have always occupied the seats of the richest people in Hong Kong.

The number of billionaires owned by Chinese electric car battery manufacturer CATL now exceeds that of American tech giants such as Google and Facebook. Based on their shares in CATL, a total of nine executives and early investors have fortunes of more than US$1 billion and are listed on the Forbes Global Rich List.


Among them,

Co-Vice Chairman Huang Shilin and Li Ping have net assets of US$12.9 billion and US$5.9 billion, respectively. Early investor Pei Zhenhua has a net worth of US$7.5 billion. The other five billionaires are: Zhao Fenggang (worth US$2.1 billion), Wu Kai (US$2 billion), Wu Yingming (US$1.6 billion), Chen Qiongxiang (US$1.6 billion) and Chen Yuantai (US$1.1 billion). Except for Chen Qiongxiang, who was an early investor, among these five people, the other four held senior management positions in the Ningde era.

Before that, CATL released its financial report for the first quarter of 2021.

During the reporting period, CATL achieved revenue of 19.167 billion yuan, a year-on-year increase of 112.24%, and realized a net profit of 1.672 billion yuan, a year-on-year increase of 290.5%.

CATL continued to maintain its “earning ability” in 2020 in the first quarter of 2021. CATL released its 2020 annual financial report. In 2020, CATL achieved revenue of 50.319 billion yuan, a year-on-year increase of 9.9%, and realized net profit of 5.583 billion yuan, a year-on-year increase of 22.43%, and realized net profit of 4.265 billion yuan, a year-on-year increase of 8.93%, exceeding market expectations.

After only three years of listing, CATL has more than 10 times the issue price of the IPO. At present, its latest market value is 904.2 billion yuan, maintaining its position as the “one brother” on the GEM.

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