BillionaireNet
family
L
Rank #2259
CNmanufacturingLithium batteries

Li Zhen & family

Net Worth
$1.4B
% (24h)
Li Zhen chairs Gotion High-Tech, a leading lithium battery supplier. With an estimated net worth of $1.4 billion, Li Zhen and his family have built a significant fortune in the manufacturing industry. Gotion High-Tech, founded in 1996, went public on the Shenzhen Stock Exchange in 2015. Li Zhen's career has been focused on the rapidly growing lithium battery sector, a critical component for electric vehicles and energy storage solutions. This has placed him at the forefront of the clean energy transition. The company operates multiple global R&D centers. Li Zhen's achievements include leading Gotion High-Tech's growth and its successful listing on the Shenzhen Stock Exchange, making it the first publicly traded power battery company in China.

The Full Dossier

Early Life

Information about Li Zhen's early life is limited. However, his career and wealth are tied to the lithium battery industry, a sector experiencing explosive growth driven by the global transition to electric vehicles and renewable energy sources.

Rise to Success

Li Zhen's primary source of wealth comes from Gotion High-Tech, a lithium battery supplier. The company, founded in 1996, went public on the Shenzhen Stock Exchange in 2015. Gotion's success reflects the increasing demand for lithium-ion batteries in various applications, particularly in the automotive industry. The company raised significant capital through a secondary listing on the SIX Swiss Exchange in 2022.

Key Business Strategies

Gotion High-Tech has focused on expanding its research and development capabilities and global presence. The company operates multiple R&D centers across Asia and North America. This strategic focus on innovation and international expansion has been key to Gotion's growth. The company has also focused on the development and production of LFP batteries, which offer excellent safety and a long-life span.

Philanthropy

There is no specific publicly available information regarding Li Zhen's philanthropic activities.

Career Timeline

2022

Secondary listing on the SIX Swiss Exchange

Gotion High-Tech raised $685 million in a secondary listing.

2006

Gotion High-Tech went public on the Shenzhen Stock Exchange

The company went public on the Shenzhen Stock Exchange

1996

Founded Gotion High-Tech

Established Gotion High-Tech, a lithium battery supplier.

Philanthropic Impact

Category$XB

REAL initiative

REAL description

Wealth Trajectory