M ao Zhongwu is a founding member and director of Sany Group, a global leader in construction machinery manufacturing. He co-founded the company with Liang Wengen, Tang Xiuguo, and Yuan Jinhua, playing a key role in its growth from a small welding material factory into a heavy industry giant. Mao served as a director of Sany Heavy Energy and Sany International before stepping back from some executive roles in 2019.
He remains a significant shareholder in the Sany Group, benefiting from the success of its listed subsidiaries, including Sany Heavy Industry. Based in Changsha, Mao is part of the core team that transformed China's construction equipment industry, enabling Sany to compete with global rivals like Caterpillar and Komatsu.
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Mao Zhongwu is a Chinese businessman and billionaire, a director of the Sany Group, a massive construction equipment manufacturer.
Mao is one of three billionaires associated with Sany Group, alongside Liang Wengen (founder) and Xiang Wenbo. He resigned as a director at Sany International in October 2019.
Mao Zhongwu’s career is defined by his long-term involvement in the Sany Group, one of the world's largest construction equipment manufacturers. His structural contribution is tied to the internal management and strategic decisions that fueled Sany’s explosive global growth in the heavy machinery sector.
Although he retired from his director role at Sany International in 2019, his wealth remains secured by his stake in the overall Sany Group.
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Served as a director of the Sany Group.
Resigned as a director at Sany International.
Mao Zhongwu's wealth is concentrated in his controlling stake and continued non-executive involvement with the industrial giant, Sany Group.
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+33.27% | +$1.76B
+4.55% | +$4.76B
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