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Billionaire Brothers Thrive as China’s Tech Strategy Reshapes Markets

Two brothers from Wuhan — Zhu Shuangquan and his younger brother Zhu Shunquan — quietly joined the billionaire club after shares of their company, Hubei Dinglong, more than doubled over the past year, pushing each brother’s stake into the billion-dollar range. Forbes reports the surge and estimates their net worth at roughly $1.3 billion apiece, a reminder that fortunes are still being made fast in strategic sectors tied to state priorities. This isn’t just a feel-good business story; it’s a marker of where global power and profit are moving in the 21st century.

Dinglong isn’t a flashy consumer-tech name Americans recognize — it makes the gritty, indispensable chemicals that keep chip fabs running, from slurries used in chemical mechanical polishing to cleaning fluids and even photoresists. The company says it covers the full range of CMP materials and has pushed into advanced packaging and lithography supplies, areas Beijing has been aggressively promoting as it chases semiconductor self-sufficiency. That shift from printer toner to vital chip inputs shows how Chinese industrial policy can steer private firms into making nationally strategic products.

The market rewards these strategic pivots: Dinglong’s Shenzhen-listed shares surged about 116% over the last year and the firm posted a first-quarter 2026 net profit jump of 78% year-over-year, with revenue rising about 24% on a billion-yuan quarter. Those are the kinds of returns that turn hardworking founders into overnight billionaires when a government-backed industrial wave meets investor enthusiasm. It’s a stark piece of evidence that control of inputs and materials — not just flashy end-user tech — determines who wins in the modern global economy.

Here’s the uncomfortable truth for patriotic Americans: Beijing’s semiconductor strategy, along with its state-directed financing and procurement, has allowed companies like Dinglong to climb the value chain precisely as U.S. policy tightened exports in 2022. Forbes notes Dinglong expanded into lithography and photoresists in response to export controls, and now it’s supplying the very materials that help chips get made and stacked. That should alarm those who care about American technological leadership — we’re watching rivals weaponize self-reliance and private entrepreneurship to blunt Western restrictions.

Worse, Dinglong has already begun mass production at a domestic full-process IC photoresist plant, even as China’s share of high-end photoresists remains tiny compared with Japan and the United States. Reports show the company is moving from small-batch supply to larger-scale production and divesting nonstrategic businesses like printer consumables to focus on semiconductors. This is the predictable result when a government prioritizes a sector: companies consolidate, scale, and start turning profits that translate into geopolitical leverage.

Patriots should not celebrate wealthy foreign entrepreneurs who profit from state-directed industrial policy that undermines American primacy; instead, we should learn the lesson and act with urgency. Washington must stop pretending that market forces alone will secure our supply chains and instead back bold, targeted investments to rebuild domestic capacity for the inputs that matter. If we fail to respond, we’ll keep outsourcing not just manufacturing jobs but the strategic raw materials that decide who sets the rules in high-tech industries.

Congress and the White House owe American workers more than platitudes — they need enforceable export controls that close loopholes, tariffs and incentives that bring critical chemical and materials manufacturing back home, and real industrial policy to match what authoritarian regimes deploy without shame. Let’s fund our fabs, incentivize suppliers, and hold domestic champions accountable so that the next wave of billionaires are Americans who build here and defend liberty rather than foreign actors who profit from rival state planning. The choice is simple: defend our technological edge, or watch prosperity and power slip away.

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