W u Xushun is a Chinese billionaire and the co-founder of Wuhu Shunrong Sanqi Interactive Entertainment Network Technology, a major online gaming and auto parts company. He started his career in the auto parts industry, founding Wuhu Shunrong Auto Parts, which manufactured fuel tanks for vehicles. In a transformative move in 2014, his company acquired a majority stake in 37Games (Sanqi Interactive), a leading web and mobile game publisher in China.
This acquisition pivoted the company's primary focus to the lucrative gaming sector, although it retained its manufacturing roots. The company was subsequently renamed to reflect its dual business lines. Wu, who has a background as a government official in Anhui province, shares his fortune with his family, including his daughter Wu Weihong and son Wu Weidong, who are also involved in the business.
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Wu Xushun is a Chinese businessman, a cofounder and a director of Wuhu Shunrong Sanqi Interactive Entertainment Network Technology (SZSE: 002555). The company is a diversified entity, combining auto parts and the mobile gaming business.
Wu had a diverse early career: he dropped out of school after middle high school in 1963 and was once a government official in Xitan in Nanling County in Anhui Province. The company's gaming assets were acquired in 2014.
Wu Xushun's career trajectory is defined by his successful transition from government work to industrial entrepreneurship and corporate governance. The listed entity he cofounded, Wuhu Shunrong Auto Parts, acquired a 60% stake in Sanqi Interactive Entertainment Shanghai Technology in 2014.
Following this major acquisition, the company was rebranded to reflect its new focus on interactive entertainment and network technology. He remains a director, overseeing the diversified conglomerate.
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Dropped out of middle high school.
Wuhu Shunrong Auto Parts acquired 60% of Sanqi Interactive Entertainment Shanghai Technology.
Serves as a cofounder and director of the rebranded company.
Wu Xushun's wealth is concentrated in his founding stake in the publicly traded, diversified conglomerate.
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0% | $0.00M
+0.22% | +$9.40M
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