Xu Guozhong & family

Net Worth

$1.055B

0% (24h)

Xu Guozhong, the chairman of Jiangsu Guomao Reducer Co., Ltd., a leading Chinese motor manufacturer, and his family have built a significant fortune in the motors industry. With an estimated net worth of $1.1 billion as of March 10, 2026, Xu's source of wealth is primarily derived from his involvement in the manufacturing sector, specifically through Jiangsu Guomao Reducer, which he founded in 1993. His career has been marked by strategic leadership and a focus on technological innovation, propelling Guomao to compete with international brands and achieving a successful IPO on the Shanghai Stock Exchange in 2019. His son, Xu Bin, serves as the general manager.

The Full Dossier

Early Life

Xu Guozhong founded the precursor of Jiangsu Guomao Reducer in Jiangsu Province in 1993. Details about his early life and education are limited in the available sources.

Rise to Success

Xu Guozhong's career is defined by his success in the industrial machinery sector, building Jiangsu Guomao Reducer into a significant domestic manufacturer. Xu led the company to a successful IPO on the Shanghai Stock Exchange in 2019.

Key Business Strategies

Xu Guozhong chairs Jiangsu Guomao Reducer, a Chinese motor manufacturer. Xu founded the processor of Guomao in Jiangsu Province in 1993. His focus on product quality and technological innovation has helped Guomao compete with international brands in the domestic market.

Philanthropy

Specific philanthropy amounts were not found in the search results.

Career Timeline

2019

IPO on Shanghai Stock Exchange

Xu led the company to a successful IPO.

1993

Founded Jiangsu Guomao Reducer

Xu Guozhong founded the company's predecessor in Wujin, Jiangsu province.

Philanthropic Impact

N/AUndisclosed

Not Available

Philanthropic information not found.