How Did Pei Zhenhua Make His Money?

Pei Zhenhua’s Profile Summary

Company	Contemporary Amperex Technology Co., Limited (CATL)
Position	Major Shareholder
Source of wealth	Investments in Battery Manufacturing and Clean Technology
Also known as	Pei Zhenhua
Age	66
Education	MBA, China Europe International Business School
Citizenship	China
Residence	Ningde, China
Family	Married
Website, Social Media	https://www.catl.com http://www.taa.cn

Pei Zhenhua’s biography

Pei Zhenhua, born in 1959 in Jiangsu, China, is a prominent figure in the global battery industry. He began his career at the Jiangsu Textile Research Institute, where he gained valuable experience in industrial processes. In 1997, leveraging this expertise, Pei founded Suzhou TA&A Ultra Clean Technology, a company specializing in cleanroom products essential for high-tech manufacturing environments. Under his leadership, Suzhou TA&A became a significant player in its field and was listed on the Shenzhen Stock Exchange in 2014.

Recognizing the burgeoning potential of the electric vehicle (EV) market, Pei strategically invested in Contemporary Amperex Technology Co., Limited (CATL) in 2015. CATL, headquartered in Ningde, China, has since evolved into the world's largest supplier of EV batteries, playing a pivotal role in the global shift towards sustainable transportation. Pei's investment acumen and industry foresight have been instrumental in CATL's ascent within the competitive battery manufacturing sector.

Beyond his business ventures, Pei pursued higher education and earned an MBA from the China Europe International Business School, equipping him with advanced management skills that have been crucial in navigating the complexities of the technology and manufacturing industries.

As of January 2025, Pei Zhenhua's net worth is estimated at $9.57 billion, reflecting his substantial contributions to and investments in the clean technology and renewable energy sectors.

How did Pei Zhenhua make money?
Pei Zhenhua made his fortune by investing in and developing businesses in clean technology and battery manufacturing, with a significant focus on the electric vehicle (EV) sector. His business journey began in 1997 when he founded Suzhou TA&A Ultra Clean Technology, a company that specializes in producing cleanroom products essential for high-tech manufacturing industries such as semiconductors and pharmaceuticals. The company became a key player in its field and went public on the Shenzhen Stock Exchange in 2014, further increasing Pei’s wealth and influence in the clean technology industry.

In 2015, Pei recognized the growing global demand for electric vehicles and the pivotal role of batteries in the transition to sustainable energy. He invested in Contemporary Amperex Technology Co., Limited (CATL), a then-emerging battery manufacturer based in Ningde, China. CATL quickly became the world's largest supplier of lithium-ion batteries for electric vehicles, supplying major automotive brands such as Tesla, BMW, and Volkswagen. Pei’s early investment and strategic involvement in CATL played a key role in the company’s rise to global dominance in the EV battery market.

Pei Zhenhua holds a substantial stake in CATL, primarily through his ownership of Ningbo Lianhe. His investment portfolio also includes a majority stake in Suzhou TA&A Ultra Clean Technology, which remains a significant part of his wealth. CATL’s continued expansion and innovation in battery technology have driven Pei’s net worth to billions, making him a leading figure in China’s clean energy sector. His financial success can be attributed to his foresight in identifying emerging industries, particularly clean energy and technology, and his strategic investments in companies that shape the future of sustainable transportation.
What is Pei Zhenhua net worth?

As of 2025, Pei Zhenhua’s net worth is estimated to be $9.1 B.

What is Pei Zhenhua also known as?

Pei Zhenhua is recognized for his significant contributions to the clean technology and electric vehicle battery industries in China.

Prominent achievements of Pei Zhenhua

Pei Zhenhua has been instrumental in the growth of Suzhou TA&A Ultra Clean Technology and CATL, contributing significantly to advancements in clean technology and the global electric vehicle industry.

What are Pei Zhenhua’s key insights?

Pei Zhenhua emphasizes strategic investment in emerging technologies and industries, particularly those contributing to sustainable development. His focus on clean technology and renewable energy reflects a commitment to innovation and environmental responsibility.

Pei Zhenhua’s personal life

Pei Zhenhua is married; specific details about his family are not publicly disclosed.

Useful insights

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