Top 20 young billionaires in China

By Wang Yanfang
0 CommentsPrint E-mail China.org.cn, June 10, 2011
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   Chen Fucheng (陈福成)

 

Chen Fucheng
Chen Fucheng [p5w.net]


Age: 39

Family wealth: 3.8 billion yuan

Company: Songz Automobile Air Conditioning Co., LTD

Title: Chairman of the board

Sector: Automobile air conditioning

Chen Fucheng, of Hong Kong, established the solely foreign-funded enterprise – Songz Automobile Air Conditioning Co., LTD in June 2002 with investment of $ 15.5 million, which specializes in the research & development, manufacturing and marketing of the air-conditioners used in commercial and passenger vehicles. The company is headquartered in Xinzhuang Industrial Zone, Shanghai, and has nearly 1000 employees. In addition, it holds shares of companies in Anhui, Xiamen and Chongqing.

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