BillionaireNet
family
You Xiaoping & family
Rank #400
CHINAManufacturingPolyurethanes

You Xiaoping & family

Net Worth
$8.475B
+3.25% (24h)
You Xiaoping is the chairman of Huafon Group, a major manufacturer of polyurethane products. His career began in plastics manufacturing before rising to leadership roles within the company. With a current net worth of $7.7 billion, You Xiaoping & family has built a significant fortune in the chemical industry. Huafon Group is also involved in other sectors such as metals, finance, logistics, and trade.

The Full Dossier

Early Life and Career

You Xiaoping began his career in the plastics industry, serving as the vice director of Ruian No. 7 Plastic factory from 1984 to 1991. He then became the director of Ruian No. 10 Plastic factory from August 1991 to December 1995.

Rise to Success

In December 1995, You Xiaoping became the Chairman of the Board of Huafon Group Co. Ltd. He has held the position of Chairman of the Board and President of Huafon Group since December 2006. Under his leadership, Huafon Group has become the largest domestic manufacturer of polyurethane (PU) products.

Key Business Strategies

Huafon Group, under You Xiaoping's direction, has expanded its operations and diversified into sectors beyond chemical new materials. The group's strategy emphasizes innovation and sustainable development. Huafon Group achieved a turnover of 38.28 billion Yuan in 2019, demonstrating its significant economic impact.

Philanthropy

While specific philanthropy amounts are not readily available, You Xiaoping's leadership emphasizes policies centered on people, spirit building, and fostering a positive external image, aligning with Huafon Group's commitment to societal contributions.

Career Timeline

2006

Chairman of the Board and President, Huafon Group

Continued his leadership of Huafon Group.

1995

Chairman of the Board, Huafon Group Co. Ltd

Began his long tenure as chairman of Huafon Group.

1991

Director, Ruian No. 10 Plastic factory

Assumed a leadership role in plastics manufacturing.

1984

Vice Director, Ruian No. 7 Plastic factory

Began his career in the plastics industry.

Philanthropic Impact

Category$XB

REAL initiative

REAL description

Wealth Trajectory