Top 20 young billionaires in China
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Chen Fucheng (陳福成)
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| 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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