China's 'Wheel Queen' Chen Ailian Rewarded Employees with 100 BMWs
Quick Look
- Chen Ailian, dubbed China's 'Wheel Queen' with a net worth of $1.6 billion, has gained social media attention for rewarding key employees with 100 BMW cars.
- Her company, Wanfeng Auto Holding Group, is a global leader in aluminum wheel hubs and magnesium alloy manufacturing, and also involved in the aviation industry.
AI-generated summary
Why It Matters
Chen Ailian, a 68-year-old entrepreneur from Zhejiang, defied gender stereotypes early in her career and built a successful enterprise.
Chen Ailian, who has been dubbed as China’s Wheel Queen with a net worth of 11 billion yuan (US$1.6 billion), has trended on mainland social media as an encouraging role model.
Four decades ago, she defied gender stereotypes by driving a tractor.
As her enterprise in the east of the country grew into a success, Chen rewarded her key employees with 100 BMW cars, the news portal Sina.com reported.
The Zhejiang-based Wanfeng Auto Holding Group, founded by Chen, is the global No 1 manufacturer of two niche products: aluminium wheel hubs and magnesium alloy. It is also the leading aircraft maker and covers the general aviation industry’s whole supply chain.
Chen, 68, hails from Xinchang county of Zhejiang province, in eastern China.
Open Questions
- What is the total value of the 100 BMW cars?
- What are the specific criteria for employee rewards?
