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Xu Guozhong & family
Rank #3281
CHINAManufacturingMotors

Xu Guozhong & family

Net Worth
$1.039B
-6.61% (24h)
Xu Guozhong, the chairman of Jiangsu Guomao Reducer Co., Ltd., a leading Chinese motor manufacturer, and his family have built a significant fortune in the motors industry. With an estimated net worth of $1.1 billion as of March 10, 2026, Xu's source of wealth is primarily derived from his involvement in the manufacturing sector, specifically through Jiangsu Guomao Reducer, which he founded in 1993. His career has been marked by strategic leadership and a focus on technological innovation, propelling Guomao to compete with international brands and achieving a successful IPO on the Shanghai Stock Exchange in 2019. His son, Xu Bin, serves as the general manager.

How to read Xu Guozhong & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Xu Guozhong & family, we anchor the narrative to Motors and Motors, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.039B alongside global rank #3281, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CHINA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Xu Guozhong founded the precursor of Jiangsu Guomao Reducer in Jiangsu Province in 1993. Details about his early life and education are limited in the available sources.

Rise to Success

Xu Guozhong's career is defined by his success in the industrial machinery sector, building Jiangsu Guomao Reducer into a significant domestic manufacturer. Xu led the company to a successful IPO on the Shanghai Stock Exchange in 2019.

Key Business Strategies

Xu Guozhong chairs Jiangsu Guomao Reducer, a Chinese motor manufacturer. Xu founded the processor of Guomao in Jiangsu Province in 1993. His focus on product quality and technological innovation has helped Guomao compete with international brands in the domestic market.

Philanthropy

Specific philanthropy amounts were not found in the search results.

Career Timeline

2019

IPO on Shanghai Stock Exchange

Xu led the company to a successful IPO.

1993

Founded Jiangsu Guomao Reducer

Xu Guozhong founded the company's predecessor in Wujin, Jiangsu province.

Philanthropic Impact

N/AUndisclosed

Not Available

Philanthropic information not found.

Key Business Ventures & Holdings

CompanyStakeValue
Wanxiang Qianchao63.97%

Net Worth History

In-Depth Analysis

Early Life

Xu Guozhong founded the precursor of Jiangsu Guomao Reducer in Jiangsu Province in 1993. Details about his early life and education are limited in the available sources.

Rise to Success

Xu Guozhong's career is defined by his success in the industrial machinery sector, building Jiangsu Guomao Reducer into a significant domestic manufacturer. Xu led the company to a successful IPO on the Shanghai Stock Exchange in 2019.

Key Business Strategies

Xu Guozhong chairs Jiangsu Guomao Reducer, a Chinese motor manufacturer. Xu founded the processor of Guomao in Jiangsu Province in 1993. His focus on product quality and technological innovation has helped Guomao compete with international brands in the domestic market.

Philanthropy

Specific philanthropy amounts were not found in the search results.

Data Sources & Methodology

Figures for Xu Guozhong & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.