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Opple
Husband-and-wife founders Wang Yaohai and Ma Xiuhui established Opple Lighting in 1996, scaling it into one of China's largest publicly traded lighting...
Opple
Husband-and-wife founders Wang Yaohai and Ma Xiuhui established Opple Lighting in 1996, scaling it into one of China's largest publicly traded lighting manufacturers. The company listed on the Shanghai Stock Exchange and operates from a commercial headquarters in Shanghai's Minhang District. The wealth engine is purely industrial — LED components, commercial luminaires, and residential fixtures — rather than a diversified financial portfolio. Ma serves as CEO and general manager, while Wang Ying, a family member, runs the Opple Lighting Lab (OLL) subsidiary as its founder and a corporate vice president. Opple's investment posture flows through corporate-facing real assets and R&D infrastructure. The firm owns the Wujiang Production & R&D Center in Suzhou and the Opple Building office asset in Zhongshan, Guangdong. Its most unusual physical deployment is the Antarctic Human-Centric Wellness Cabin, a controlled-environment lighting installation at the planet's southern extreme. The founding family retains tight operational control — Wang Yaohai as chairman, Ma Xiuhui as CEO, Wang Ying as OLL founder — with no external CIO, allocator, or family-office vehicle publicly separated from the corporate entity. Total AUM and cash deployment amounts are undisclosed. The firm's corporate social responsibility program functions as its philanthropic arm, without a dedicated foundation structure visible in public filings. No recent fund closes, spinouts, or leadership transitions have been reported in the past 24 months. Opple's structural signature is its balance-sheet corporate venturing model — common among Asia-listed industrials but rarely articulated by the firms themselves. The dual-use industrial real estate — R&D campuses also serving as corporate treasury assets — creates a capital allocation path that is fundamentally different from a traditional single-family-office pooled fund structure.
General information
Firm type
Corporate Investor
Year founded
1996
Location
Region
Asia
Country
China
City
Shanghai
Corporate office
Building V3, The MixC Mall, No. 1799 Wuzhong Road, Minhang District, Shanghai, China
Additional offices
Suzhou, Jiangsu Province, China · Zhongshan, Guangdong, China
Principals
Wang Yaohai
Co-founder and Chairman
Ma Xiuhui
Co-founder and CEO/General Manager
Wang Ying
Vice President of Opple Lighting and Founder of OLL
Sector focus
Frequently asked questions
Does Opple deploy into third-party funds or only direct projects?
All publicly traceable activity points to direct deployment — self-developed industrial real estate and proprietary R&D installations. There is no public record of Opple committing as a limited partner to external private equity, venture, or real estate funds. The firm's C50 Forum membership creates networking access but has not been documented producing fund commitments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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