#575
Zhang Daocai
Overview
- Source of Wealth
- Valves
- Industry
- Diversified
- Residence
- Shaoxing, Zhejiang
- Children
- 2
Assets
- Zhejiang Sanhua Co Ltd886,485,000 shares @ --002050-CN
- Zhejiang Sanhua Co Ltd0 shares @ --002050-CN
Biography
Zhang Daocai is the chairman of Sanhua Holding Group, whose interests include refrigeration, air conditioning and automotive thermal management components as well as finance.
He founded Sanhua in 1984 and listed the refrigeration and air conditioning parts arm, Zhejiang Sanhua Intelligent Controls, on the Shenzhen Stock Exchange in 2005.
It had a dual listing on the Hong Kong stock exchange in June 2025.
His son Zhang Yabo is the chairman of the listed arm, younger son Zhang Shaobo serves as its director.
The group's 48 factories across the globe supply to international brands such as BMW and Panasonic.