Best CEO of Forbes China announces why Wang Chuanfu can reach the top.

In the best CEO list released on August 18, 2022, BYD founder and CEO Wang Chuanfu topped the list. In March 2022, BYD announced that it would stop producing all-vehicle fuel vehicles and focus on pure electric and plug-in hybrid vehicles. Thanks to the advantages of vertical supply chain, BYD sold 640,000 new energy vehicles in the first half of 2022, exceeding the annual sales of 202 1.

In the capital market, BYD's share price reached a record high, and its market value exceeded one trillion yuan, ranking among the top three in the world. Wang Chuanfu topped the list of the best ceo in China in 2022. It is reported that in June 2022, BYD's A-share market value exceeded the trillion mark for the first time, and it was also the first automobile brand to join the trillion-dollar market value club. Forbes China mentioned that, as in previous years, the listed companies with the best basic financial indicators, such as CEO reference value, range share price, net profit and growth rate, and ROE, including A-share, Stock Exchange listing and China overseas listing, are all thousands of shares. In the case of studying listed companies, the top 50 CEOs of listed companies are selected. It is worth noting that in order to exclude some CEOs who pursue short-term financial indicators at the expense of the company's long-term development, Forbes China's survey of the best CEOs is based on the company's operating performance for three consecutive years, rather than the short-term performance in the capital market.

202 1 The top three CEOs are from the manufacturing of new energy vehicles, batteries and solar monocrystalline silicon photovoltaic products. Carbon neutral transformation has become one of the few strategic goals in the world. China enterprises' deep cultivation and accumulation in the upstream and downstream industries of renewable energy such as photovoltaic, wind power and electric vehicles, as well as their global influence and innovation ability, are helping China enterprises to rapidly rise to the leading position in the industry. The average age of 50 people on the list has not changed compared with 54 years old in 202 1.

From the perspective of industry distribution, in addition to renewable energy and electric vehicles, the proportion of CEOs in the chemical industry and high-end intelligent manufacturing industry increased in 2022. The strong rise in global commodity prices has promoted the selection of three energy industry CEOs.