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.
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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.
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.
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Founds the precursor of Guomao in Jiangsu Province.
Continues as Chairman, with his son Xu Bin serving as general manager.
Xu Guozhong's wealth is concentrated in his family's controlling stake and continued leadership of the private industrial manufacturing company, Jiangsu Guomao Reducer.
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+0.19% | +$3.70M
-0.14% | -$4.71M
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