Born Nantong. Physics olympiad into Tsinghua aerospace BS+MS. China's first quadrotor 2007. Founded Sky Factory. Cracked high-speed motor tech 2017 (150K RPM). Lei Jun invested. 15B yuan revenue 2024. Plans EV to rival Bugatti by 2027. Sep 2025 launched IPO targeting 150B yuan valuation; ecosystem business units to begin batch IPOs from end of 2026 across global exchanges. Dec 2025 acquired 54.9% of A-share Jiamei Packaging (002969.SZ) for 2.28B yuan to become controller, paving the way for batch listings.