Lu Guanqiu on Corporate Governance

Lu Guanqiu's role is documented as: founder and President of the Board, Wanxiang Group Deceased October 25, 2017, aged 72, per Wikipedia's biography (research date: 2026-08-23).

33 on the Forbes China Rich List with an estimated 13.13 billion yuan (about $1.87 billion) -- and was reported as the richest person in Zhejiang Province.

The factory developed into Wanxiang Group, a large manufacturing conglomerate and a leading global producer of automobile components, with Lu remaining president of the board until his death in 2017.