Wang Laisheng built his fortune through electronics manufacturing, first running his own business and later joining his sister Wang Laichun to acquire Luxshare's precursor and build Luxshare Precision. [1][2]
He was in business before Luxshare
Luxshare's annual report says Wang Laisheng had been engaged in individual business since the mid-1980s and had more than a decade of business experience before the company that became Luxshare Precision was formed. [2]
Forbes likewise says Wang started his own business in the mid-1980s and later teamed with his sister Wang Laichun, establishing an operating history that predates their shared electronics-manufacturing platform. [1]
In 1999 the siblings jointly purchased shares of Luxshare Limited, and in 2004 they founded Luxshare Precision Industry through that company, with Wang Laisheng serving as vice chairman. [2]
The sibling-owned platform became a major electronics supplier
Forbes describes Luxshare as a Shenzhen-headquartered electronics manufacturer whose products include connectors and wireless headphones and notes that the company is a supplier to Apple. [1]
The annual report records Wang Laisheng as a cofounder and long-serving vice chairman, tying his fortune to ownership and stewardship of the manufacturing business he and his sister assembled rather than to a passive inherited holding. [2]
Sources for background
Sources reviewed Sep 24, 2026.
- Wang Laisheng · Forbes · Mar 10, 2026
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