BillionaireNet
family
Xu Guozhong & family
Rank #3015
CHINAManufacturingMotors

Xu Guozhong & family

Net Worth
$1.078B
+0.62% (24h)
Xu Guozhong is the chairman of Jiangsu Guomao Reducer, a prominent Chinese motor manufacturer. He founded the company in Jiangsu Province in 1993. The Xu family's wealth stems from their involvement in the Motors industry. The company has been a significant player in the manufacturing sector. Xu Guozhong's son, Xu Bin, serves as the general manager of Guomao, further solidifying the family's leadership within the company.

The Full Dossier

Early Life

Details regarding Xu Guozhong's early life are limited, but it is known that he founded Jiangsu Guomao Reducer in 1993 in Jiangsu Province. The company's success reflects Xu's vision and entrepreneurial spirit.

Rise to Success

Under Xu Guozhong's leadership, Jiangsu Guomao Reducer has grown into a significant player in the Chinese motor manufacturing sector. The company's growth demonstrates Xu's business acumen and his ability to navigate the competitive landscape of the manufacturing industry. His son, Xu Bin, currently serves as the general manager.

Key Business Strategies

The company's success can be attributed to several key business strategies, including a focus on quality, innovation, and strategic leadership. The family-run nature of the business may have allowed them to maintain a long-term perspective. While specific details of the strategies are not widely available, the company's continued presence in the market suggests effective management.

Philanthropy

Information about the Xu family's philanthropic activities is not readily available in public sources. However, many successful Chinese entrepreneurs contribute to various charitable causes, and it is possible that the Xu family engages in private philanthropic efforts.

Career Timeline

1993

Founded Jiangsu Guomao Reducer

Xu Guozhong established Jiangsu Guomao Reducer in Jiangsu Province, marking the beginning of the company's operations in the motor manufacturing industry.

Wealth Trajectory