BillionaireNet
family
Chen Ailian & family
Rank #3106
CHINAManufacturingwheel production

Chen Ailian & family

Net Worth
$1.008B
-0.34% (24h)
Chen Ailian, a prominent figure in China's business landscape, chairs Zhejiang Wanfeng Auto Wheel, a leading wheel production company. Born in 1958, her career has been marked by significant achievements in the manufacturing industry. Chen's net worth is estimated to be 1.1 billion USD, stemming primarily from her work in wheel production, transforming a small factory into a global supplier. She also led Wanfeng's acquisitions of Meridian of Canada, Paslin of US and a Canadian aircraft manufacturing project. Chen has also served as the Secretary of the Party Committee of Wanfeng Auto Holding Group. Her career epitomizes the growth of the private sector in China. She is married to Wu Liangding, the founder of Wanfeng Auto Holding Group, and has two daughters.

The Full Dossier

Early Life

Chen Ailian was born in 1958. In 1994, she founded an aluminum wheel factory in Shaoxing, in Zhejiang province, the predecessor of Wanfeng Auto Holding Group.

Rise to Success

Chen Ailian chairs Zhejiang Wanfeng Auto Wheel, a supplier of aluminum alloy wheels for autos. She is the wife of Wu Liangding, the founder of the Wanfeng Auto Holdings Group. She led Wanfeng's acquisitions of Meridian of Canada, Paslin of US and a Canadian aircraft manufacturing project.

Key Business Strategies

Chen's leadership has focused on innovation and expansion, as well as the acquisition of global businesses. Her group has also diversified into other areas, including robotics and general aviation, demonstrating a forward-looking approach to industrial manufacturing.

Philanthropy

Information regarding Chen Ailian's specific philanthropic contributions could not be found.

Career Timeline

2024

Chairwoman's Visit

Visited Paslin company in the United States

2021

Commitment to avoid horizontal competition

Wanfeng Group issued the "A Letter of Commitment to Avoid Horizontal Competition and Regulate Related Party Transactions".

1994

Founded Wheel Factory

Founded an aluminum wheel factory in Shaoxing, Zhejiang province, the predecessor of Wanfeng Auto Holding Group.

Wealth Trajectory