Early Life
Information regarding Wang Xicheng's early life is limited in the available search results. However, it is known that he is 77 years old, born in 1947.
Rise to Success
Wang Xicheng and his family's wealth is primarily derived from their stake in the Double Coin Tire Group. The company has a long history, tracing back to 1929. In 1992, Double Coin Holdings became the first listed tire company in China to issue AB shares. In 2016, after the company's controlling shareholder completed the overall listing, the tire sector was independently formed as "Double Coin Tyre Ltd.", and the name was changed in 2017 to "Double Coin Tyre Group Ltd." Double Coin has expanded its manufacturing with new facilities, including one in Thailand. Double Coin has also formed a joint venture with Michelin.
Key Business Strategies
Double Coin Tire Group's success is attributed to several factors. They have developed into a multi-brand strategy with "Double Coin" and "Warrior" as main brands. The company has partnered with over 40 auto manufacturers to provide OE services. Double Coin has a focus on advanced radial tire technology, premium steel belt construction, and innovative tread compounds. They also have a wide distribution network and partnerships across over 100 countries.
Philanthropy
Information regarding Wang Xicheng's specific philanthropic initiatives and amounts is not available in the provided search results.