Top 10 families on new energy rich list in China

By Xu Lin
0 Comment(s)Print E-mail China.org.cn, August 2, 2011
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Lu Guanqiu & family 鲁冠球家族


Company: Wanxiang Qianchao Co. Ltd. and other companies 万向钱潮股份有限公司等


Shares: 41.2% in Wanxiang Qianchao Co. Ltd.

Wealth: 7.9 billion yuan (US$1.23 billion)

Founded in 1969, Wanxiang Qianchao Co. Ltd. is a professional company running automotive parts owned by Wanxiang Group. It is the largest independent supplier of automotive part systems in China With the advantage of independent development, and advanced testing and manufacturing facilities. It has in total a technology center, five main companies and over 30 professional auto parts systems suppliers. The company was listed on the Shenzhen Stock Exchange at the end of 1993.

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