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Xiting Li
Singapore 75 years old
Overview
- Source of Wealth
- Medical devices
- Industry
- Healthcare
- Residence
- Shenzhen, Guangdong
Assets
- Shenzhen Mindray Bio-Medical Electronics336,745,000 shares @ --300760-CN
Biography
Li Xiting is cofounder and chairman of Shenzhen Mindray Bio-Medical Electronics, a supplier of medical devices.
Mindray, founded in 1991, is headquartered in Shenzhen. Li, a Singapore citizen, divides his time between Shenzhen and Singapore.
The company acquired a 21% stake in APT Medical, a Shenzhen-based cardiology equipment maker, for more than $900 million in 2024.
Mindray's cofounder and director Xu Hang is also a billionaire.
About
Li holds an undergraduate degree from the University of Science and Technology of China.
During the Covid-19 pandemic, Mindray donated $4.6 million worth of medical devices to hospitals in hard-hit areas like Wuhan and northern Italy.