Early Life
Xu Chuanhua was born in Hangzhou, China, in 1935. He started his career as a salesman for a local company.
Rise to Success
In 1986, at the age of 52, Xu Chuanhua started a small family workshop. He borrowed 2,000 yuan to start his business, providing fluid soap and cleaning agents. After a year, his liquid soap business grew swiftly. In 1995, Transfar Group was established and expanded its products to textile, household, and agricultural chemicals. Xu has retired from daily operations, handing the reins to his sons Guanju and Guanbao, who are chairman and vice chairman of Transfar Group, respectively. Today, his Transfar Group generates most of its business from logistics and chemicals.
Key Business Strategies
Xu Chuanhua's key business strategy involved expanding into the logistics sector and investing in the development of clean-energy logistics vehicles. Transfar Group invested $15.4 billion in roads to improve China's logistics infrastructure by 2022.
Philanthropy
Information regarding specific philanthropy amounts for Xu Chuanhua is unavailable.