Brothers Strike Gold: How They Became Billionaires Through China’s Chip Supply

**Brothers Hit the Billionaire Jackpot by Fueling China’s Semiconductor Dreams**

In a world where success often involves a touch of luck, grit, and a pinch of entrepreneurial spirit, two brothers from China have struck gold—literally! Ju Shuang Quan and Ju Shung Quan, co-founders of Hubei Dinglong, have become billionaires thanks to their critical role in China’s booming semiconductor industry. With a staggering estimated net worth of $1.3 billion each, these siblings are now part of the exclusive “three-comma club,” a title reserved for those who have more than a billion in assets. Their story is one for the ages, proof that ambition and hard work can lead to sheer success.

Hubei Dinglong has positioned itself as a key player in the semiconductor game, especially as China pushes towards self-sufficiency in chip manufacturing. Their shares soared nearly 116% in the last year, and it’s not hard to see why. The company specializes in chemical mechanical polishing (CMP), a nifty process that smooths out silicon wafers to make them chip-ready. If you thought polishing was just for your car, think again! It’s a crucial step in creating the technology that powers our modern devices. And Dinglong is leading the way, providing everything from slurries to cleaning fluids needed for this indispensable step.

Not only is Hubei Dinglong thriving in CMP materials, but they’ve recently branched out into lithography materials as well. Lithography, a critical part of semiconductor production, uses ultraviolet light to project circuit designs onto silicon wafers. Dinglong has begun producing photoresist materials, which help capture these designs. Although their most advanced products are currently suited for lower-end chip manufacturing, the potential for growth is unlimited, especially with the U.S. placing export controls on chips to China. This environment has spurred a flurry of innovation, and Dinglong is riding that wave, making strides that could reshape the industry.

The numbers don’t lie! In the first quarter of 2026, the company’s net profits jumped a whopping 78% compared to the previous year. With revenues soaring by 24% to reach 1 billion yuan, the majority of this growth can be attributed to their CMP materials business. While their newer ventures in advanced packaging and photoresist are still in their early stages, they are already on the path to success, producing small batches. It seems Dinglong’s foresight in shifting focus from printer materials to semiconductor chemicals was a stellar business move that paved the way for their recent boom.

Looking back at the brothers’ journey, it’s clear they weren’t always riding high. Prior to founding Dinglong in 2000, they worked as managers at state-owned enterprises. They launched their company to tackle China’s dependency on imports in the chemicals sector, starting with printing toners, which was dominated by foreign giants. Their innovation didn’t stop there; they pivoted in 2012 to CMP materials and have been on an upward trajectory ever since. With ambitious goals that reflect a “burn-the-boats” mentality, these brothers are shaking up the semiconductor landscape and proving that with tenacity and vision, anything is possible.

As they continue to grow and innovate, Shuang Quan and Shung Quan are not just billionaires; they are pioneers in the semiconductor industry. Their story is a reminder that in the ever-evolving world of technology and business, a little determination can lead to big rewards. Who knows what the future holds for these shrewd entrepreneurs? One thing is for sure—Hubei Dinglong is a company to watch as it continues to help shape the future of China’s tech landscape.

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Keith Jacobs

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