A picture to understand the list of China's richest people: the founder of CATL has skyrocketed in value, surpassing Jack Ma and Li Ka-shing

in finance •  3 years ago 

The rise and fall of market stock prices has made the ranking of the rich and unpredictable, and the recent stock market trend has brought about tremendous changes in the rich list.

According to the Forbes real-time rich list, the founder of Nongfu Spring is still the richest man in China. The financial report released by Nongfu Spring on August 25 shows that it achieved a net profit of 4 billion yuan in the first half of the year, and its Hong Kong stock market is worth more than 400 billion yuan.

CATL also announced its financial report for the first half of 2021 on August 25. The report shows that CATL achieved revenue of RMB 44.075 billion in the first half of 2021, a year-on-year increase of 134%, and net profit of RMB 4.484 billion, a year-on-year increase of 131%. This has enabled Zeng Yuqun, the head of the power battery giant Ningde era, to be promoted to the top three of China's richest people, surpassing Ma Yun. According to public information, CATL’s main products include power battery systems, energy storage systems and lithium battery materials. Benefiting from the continued prosperity and performance of the new energy vehicle industry, CATL’s share price has risen since late March this year. On the evening of June 28, CATL announced that the company has formally signed a long-term cooperation agreement with Tesla and will supply lithium battery products to Tesla from January 2022 to December 2025.

According to the "2021 Forbes Global Rich List" published by Forbes magazine in April, a total of 9 executives and early investors from the Ningde era, including Zeng Yuqun, have fortunes of more than US$1 billion, all of which are on the Forbes Global Rich List. .

On the other hand, Great Wall Motor’s stock price also performed strongly. After Great Wall Motor’s stock price hit a record high of 65.22 yuan per share on August 6, Wei Jianjun, the chairman of Great Wall Motors, also ranked as the world’s richest person in the annual list released by Forbes in April. It went up by 76 places. On August 27, Great Wall Motor released the 2021 semi-annual report. The report showed that the company achieved operating income of 61.928 billion yuan in the first half of the year, a year-on-year increase of 72.36%, and realized a net profit attributable to shareholders of listed companies of 3.529 billion yuan, a year-on-year increase of 207.87%.

According to a report from China Business News, Great Wall Motors is favored in the capital market mainly because of its increasing attributes as a global technology travel company. In recent years, Great Wall Motors has adjusted and changed its organizational mechanism, business scale and operating quality. Taking product research and development as an example, Great Wall Motors invested nearly 2.9 billion yuan in research and development, an increase of 63.15% over the same period last year.

Public data shows that in June 2021, the sales of new models equipped with the three major technology brands of "Lemon", "Tank" and "Coffee Smart" accounted for nearly 50% of the sales, and the average price of a single vehicle reached 100.8 million yuan, an increase of 12.15% year-on-year .

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