RedCarpetLife
2964
In the world today
Xu Guozhong & family

Xu Guozhong & family

X. family
-0.14% | - $-1.60M
$1.16 B ₹ 10,561 Cr
Real Time Net Worth #2964 Ranking as of 21 Feb 2026 By Forbes

More on Xu Guozhong & family

Gender

Male

Age

63Y

Country

China

Born On

January, 1963

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Manufacturing)

Primary Organization

Jiangsu Guomao Reducer

Titles

Chairman

Sources of Wealth

Motors, Machinery

Industry

Manufacturing

About Xu Guozhong & family


X u Guozhong is the chairman of Jiangsu Guomao Reducer Co., Ltd., a leading Chinese manufacturer of industrial gearboxes and motors. He founded the company's predecessor in Wujin, Jiangsu province, in 1993. Under his leadership, Guomao has grown into a comprehensive transmission equipment manufacturer, producing a wide range of speed reducers used in various industries, from logistics to energy.

Xu led the company to a successful IPO on the Shanghai Stock Exchange in 2019. His focus on product quality and technological innovation has helped Guomao compete with international brands in the domestic market. His son, Xu Bin, serves as the general manager, ensuring family continuity in the management of this industrial enterprise.

Advertisement

Quick Reads


Early Life and Background


Xu Guozhong is a Chinese businessman and founder, the Chairman of Jiangsu Guomao Reducer, a major Chinese motor manufacturer.

Xu founded the precursor of Guomao in Jiangsu Province in 1993. His son, Xu Bin, 32, is Guomao's general manager.

  • Core Company: Jiangsu Guomao Reducer, a major motor manufacturer.
  • Founding: Founded the precursor in Jiangsu Province in 1993.
  • Family Governance: His son, Xu Bin, serves as the general manager.

Career Journey of Xu Guozhong & family


Xu Guozhong's career is defined by his success in the industrial machinery sector, building Jiangsu Guomao Reducer into a significant domestic manufacturer. His structural contribution is tied to supplying essential components and motors for various industrial, manufacturing, and construction applications.

He continues as Chairman, guiding the company's strategic growth, while his son holds the operational role of General Manager.

Advertisement

Xu Guozhong & family's Timeline


1993:

Founds the precursor of Guomao in Jiangsu Province.

Ongoing:

Continues as Chairman, with his son Xu Bin serving as general manager.

Major Business Ventures and Investments


Xu Guozhong's wealth is concentrated in his family's controlling stake and continued leadership of the private industrial manufacturing company, Jiangsu Guomao Reducer.

  • Jiangsu Guomao Reducer (Chairman): A major motor manufacturer.
  • Family Role: His son, Xu Bin, is the company's general manager.
  • Sector Focus: Industrial manufacturing, specifically motors and reducer systems.

Advertisement

Philanthropy and Social Impact


Fashion, Style, and Lifestyle


Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He chairs Jiangsu Guomao Reducer, a major motor manufacturer.
  • He founded the precursor of Guomao in 1993.
  • His son, Xu Bin, 32, is Guomao's general manager.

Advertisement

More Profiles


Christoph Henkel

+0.19% | +$3.70M

Zhou Jianping

-0.14% | -$4.71M

You May Like


Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content