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From Plastics to Billions: Sun Aixiang's Shenzhen HFC Soars 719% on Debut
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Moneycontrol•30-09-2026, 13:05
From Plastics to Billions: Sun Aixiang's Shenzhen HFC Soars 719% on Debut
- •Sun Aixiang, chairman of Shenzhen HFC, became a billionaire after his company's shares surged 719% on its Shenzhen Stock Exchange debut.
- •The 58-year-old Chinese businessman, who previously sold plastics and adhesives for two decades, is now worth an estimated $1.7 billion.
- •Shenzhen HFC specializes in materials for managing heat in electronic equipment, including AI chips, optical modules, and data centers.
- •The company's rapid growth aligns with the global expansion of AI infrastructure, with revenue jumping 114% in 2025.
- •Despite the spectacular IPO, Shenzhen HFC cautions that future growth may be affected by global economic uncertainty and supply chain diversification.
Key Questions Answered
Sun Aixiang's estimated fortune reached $1.7 billion after Shenzhen HFC made a blockbuster debut on the Shenzhen Stock Exchange.
Shenzhen HFC listed on the Shenzhen Stock Exchange's ChiNext board on September 29, 2026.
Shenzhen HFC specializes in materials used to manage heat in electronic equipment, including thermal pads and thermally conductive gels for AI chips, as well as electromagnetic-interference shielding.
