Early Life
Xu Shihui was born in 1958 in Hui'an, Fujian province, China. There is no information available about his early life and childhood.
Rise to Success
Xu's career began in the cookie business. He amassed shares and became the chairman of Fujian Dali Foods Group in 1992. In 2014, he became the chairman of Dali Foods Group. Dali Foods Group went public in Hong Kong Stock Exchange in 2015. In July 2023, he announced the plan to delist the company from the Hong Kong Stock Exchange, and it was approved by shareholders in August. The deal was valued at $6.6 billion.
Key Business Strategies
Xu Shihui is the founder of Dali Foods Group. Xu started out in the cookie business and acquired 120 food brands. Xu works seven days a week and hopes his work style inspires managers. Xu's company is best known for its Copico potato chips, Heqizheng herbal tea and Haochidian soda crackers. Xu refused to partner with foreign companies.
Philanthropy
Xu has been recognized for his philanthropic work and has donated millions of dollars to various charities.