#1354

Tong Yongsheng & family

China 61 years old Self-Made

Overview

Source of Wealth
electrical equipment
Industry
Manufacturing
Residence
Shenzhen, Guangdong
Marital Status
Married

Assets

  • Shenzhen Megmeet Electrical
    133,724,000 shares @ -
    -
    002851-CN
  • Shenzhen Megmeet Electrical
    0 shares @ -
    -
    002851-CN

Biography

Tong Yongsheng leads Shenzhen Megmeet Electrica, which specializes in energy conversion technologies.

The company is a renowned domestic supplier across multiple sectors, including smart home appliances, power supply products, green energy and rail transit components.

In 2024, the company announced that it participated in the designing of NVIDIA's Blackwell system, making it one of NVIDIA's more than 40 equipment suppliers that serve its data centers.

The company has set up R&D centers in the U.S. and Germany, and plans to build manufacturing plants in Thailand, India and the U.S.

Tong Yongsheng holds Postdoctoral Fellow in Power Electronics at Zhejiang University. He worked for Huawei from 1996 to 2001 and Emerson later.

Tong assumed leadership of Megmeet in 2005 amid financial losses and has since served as chairman and CEO; the company has been profitable under his helm.