Top 10 wealthiest IT families in China
- By Xu Lin
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E-mail China.org.cn, August 10, 2011
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Nan Cunhui & family 南存輝家族
Company: CHINT Electrics Co., Ltd. 浙江正泰電器股份有限公司
Shares: 46.13 percent
Wealth: 8.4 billion (US$1.3 billion)
Founded in 1997, CHINT Electrics Co., Ltd. is the largest manufacturer and seller of low-voltage electrical products in China, specializing in the R&D, production and sales of low-voltage electrical products with over 100 series and 10,000 specifications. It provides the most efficient, easy-to-use electrical products and technical services for industry users of electric power, power grid, petrochemical, manufacturing, real estate and construction. Its products have been exported to more than 90 countries and regions around the world. The company was listed on the Shanghai Stock Exchange in January 2010.
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