BillionaireNet
Xuehua
Chen Xuehua
Rank #2541
CHINAMetals & MiningMinerals processing

Chen Xuehua

Net Worth
$1.423B
+3.44% (24h)
Chen Xuehua is the founder and chairman of Zhejiang Huayou Cobalt, one of China's largest mining-related businesses, and a prominent figure in the metals-mining industry. With a current net worth of $1.4 billion, Chen's wealth stems from his leadership in mineral processing and the supply of cobalt and nickel products to the EV industry. His career includes key roles at Xianghou Village Chemical Factory and Huaxin Chemical Factory before establishing Zhejiang Huayou Cobalt in 2002. Chen has consistently focused on technological innovation and has been recognized for his contributions to corporate social responsibility and sustainable development, earning him the ESG Pioneer Award and the title of "2024 Outstanding Individual" by the Zhejiang Charity Federation.

The Full Dossier

Early Life

Information on Chen Xuehua's early life is limited in the search results. However, it is known that prior to establishing Zhejiang Huayou Cobalt, Chen worked at the Xianghou Village Chemical Factory and Huaxin Chemical Factory in Tongxiang City.

Rise to Success

Chen Xuehua's career took a significant turn in 2002 with the founding of Zhejiang Huayou Cobalt and Nickel Materials Co., Ltd. From June 2002 to July 2016, Chen served as the chairman and general manager of the company, later becoming the chairman in July 2016. Under his leadership, Huayou Cobalt has grown into a major player in the new energy lithium battery material industry. His strategic vision and emphasis on innovation have been key to the company's growth, making it a leading supplier of cobalt and nickel products to the world's EV industry.

Key Business Strategies

Chen Xuehua's business strategies have focused on product leadership and cost leadership, with technological innovation as a cornerstone. He has spearheaded the development of a full-cycle new energy lithium battery material industry chain, spanning resource development, green refining, material R&D, and resource recycling. Furthermore, Chen has emphasized the importance of ESG practices, positioning Huayou at the forefront of sustainable development in the industry.

Philanthropy

Chen Xuehua and Huayou Cobalt are committed to social responsibility. In 2024, cumulative charitable investments reached RMB 69.2516 million. Chen established the "Huayou Holding Charity and Common Prosperity Foundation" to support philanthropic activities across education, poverty alleviation, and rural revitalization.

Career Timeline

2024

Outstanding Individual Award

Awarded the title of "2024 Outstanding Individual" by the Zhejiang Charity Federation, recognizing his philanthropic contributions.

2016

Chairman of Zhejiang Huayou Cobalt

Appointed as Chairman of Zhejiang Huayou Cobalt Co., Ltd., further solidifying his leadership within the company.

2002

Founded Zhejiang Huayou Cobalt

Established Zhejiang Huayou Cobalt and Nickel Materials Co., Ltd., marking a significant step in his career.

Philanthropic Impact

Philanthropy$XB

Huayou Holding Charity and Common Prosperity Foundation

Supports philanthropic activities in education, poverty alleviation, and rural revitalization.

Wealth Trajectory