X u Shugen is the founder and chairman of Zhejiang Dingli Machinery, China's largest manufacturer of aerial work platforms (AWPs) and industrial lifts. He established the company in 2005 in Deqing, Zhejiang province, identifying a gap in the market for safe and efficient high-altitude work equipment. Under his leadership, Dingli has grown into a global brand, exporting its scissor lifts, boom lifts, and vertical lifts to over 80 countries.
Xu has emphasized innovation and international standards, allowing Dingli to compete with established Western rivals. The company listed on the Shanghai Stock Exchange in 2015. Xu runs the business with family involvement; his brother, Xu Zhilong, serves on the board. His success reflects the modernization of China's industrial and construction sectors.
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Xu Shugen is a Chinese businessman, the founder and chairman of Shanghai-listed Zhejiang Dingli Machinery (SHA: 603338).
Founded in 2005, Dingli is a specialized manufacturer of industrial lifts. Xu's brother, Xu Zhilong, serves as a board member, maintaining a strong family presence in the company's governance.
Xu Shugen's career is defined by his successful establishment and scaling of an industrial equipment manufacturer. His structural achievement is tied to founding Zhejiang Dingli Machinery and focusing its production on industrial lifts, essential equipment for construction and logistics.
He continues to lead the publicly listed company as Chairman, with his brother Xu Zhilong serving on the board.
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Founded Dingli Machinery.
Continues as Founder and Chairman; brother Xu Zhilong is a board member.
Xu Shugen's wealth is concentrated in his founding equity and continued leadership of the publicly traded industrial manufacturer, Zhejiang Dingli Machinery.
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-0.14% | -$1.84M
+0.21% | +$2.58M
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