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2464
In the world today
Xu Xudong

Xu Xudong

X. Xudong
-0.14% | - $-2.14M
$1.56 B ₹ 14,151 Cr
Real Time Net Worth #2464 Ranking as of 21 Feb 2026 By Forbes
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More on Xu Xudong

Gender

Male

Age

56Y

Country

China

Born On

January, 1970

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Automotive)

Primary Organization

Ningbo Xusheng Auto Technology

Titles

Chairman

Sources of Wealth

Auto Parts

Industry

Automotive, Manufacturing

About Xu Xudong

X u Xudong is the founder and chairman of Ningbo Xusheng Auto Technology, a premier supplier of precision aluminum die-casting parts for the automotive industry. He founded the company in 2003, and it became an early and critical partner to Tesla, supplying essential components such as gearboxes, battery protection shells, and motor housings. This strategic relationship with the EV giant fueled Xusheng's rapid ascent.

Beyond Tesla, Xu has expanded the company's client base to include other major global automotive players like Bosch, Chrysler, and Mahle. The company went public on the Shanghai Stock Exchange in 2017. Xu's wealth is tied to the booming electric vehicle market, where Xusheng's lightweight aluminum components play a vital role in improving vehicle range and efficiency.

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Quick Reads

Early Life and Background

Xu Xudong is a Chinese businessman, the Chairman of Ningbo Xusheng Auto Technology (SHA: 603099).

Xusheng is a specialized supplier of critical components for the automotive industry, including gear boxes and battery protection shells to Tesla. Other major customers include global brands such as Chrysler, Mahler and Bosch.

  • Core Company: Ningbo Xusheng Auto Technology (Auto components supplier).
  • Key Products: Supplies gear boxes and battery protection shells.
  • Key Customer: Supplier to Tesla.

Career Journey of Xu Xudong

Xu Xudong's career is defined by his successful establishment of a high-tech manufacturing firm that is deeply integrated into the global automotive supply chain. His structural achievement is tied to positioning Ningbo Xusheng as a reliable supplier of essential components like gear boxes and EV battery protection shells to industry leaders.

The company's diversified customer base, including global giants like Tesla, Chrysler, Mahler and Bosch, underpins its stability and market value.

  • Key Customers: Supplies Chrysler, Mahler and Bosch.

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Xu Xudong's Timeline

Ongoing:

Chairs Ningbo Xusheng Auto Technology.

Ongoing:

Xusheng supplies components to Tesla, Chrysler, Mahler and Bosch.

Major Business Ventures and Investments

Xu Xudong's wealth is concentrated in his controlling stake and continued leadership of the publicly traded industrial manufacturer, Ningbo Xusheng Auto Technology.

  • Ningbo Xusheng (Chairman): Supplier of gear boxes and battery protection shells to Tesla.
  • Sector Focus: Automotive components, electric vehicles (EVs), and precision manufacturing.
  • Listing: Shanghai-listed company.

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Philanthropy and Social Impact

Fashion, Style, and Lifestyle

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Quotes and Philosophy

No publicly available quotes.

Fun Facts & Trivia

  • He chairs Ningbo Xusheng Auto Technology.
  • Xusheng is a supplier of gear boxes and battery protection shells to Tesla.
  • Other major customers include Chrysler, Mahler and Bosch.

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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

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