Xu usually works long hours testing and fine-tuning motors in his lab at an old industrial complex in Shanghai.

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One high-profile deal involves its purchase in late 2012 of a grade-A office and five-star hotel complex in downtown Shanghai from a distressed local developer.

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So, hiring engineers and "every foreigner in Shanghai under the age of 25, " Sulger formed a complex little company.

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The latest and greatest China Disneyland will open in Shanghai in late 2015, the company said Thursday during an unveiling of what the resort complex will look like when completed.

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Its complex of 11 factories on 500, 000 square meters an hour's drive from its Shanghai headquarters churns out some 30, 000 strollers, baby chairs, car seats, bicycles, tricycles and cribs a day.

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