# Chinese Finance

Beyond the Factory Floor: How Lu Weiding Reforged Wanxiang into a Global Tech and Finance Powerhouse

Lu Weiding has transformed Wanxiang Group from a traditional auto-parts manufacturer into a multi-sector conglomerate with 213.8 billion RMB in revenue. By successfully navigating a high-stakes succession, Lu has expanded the group's footprint into robotics, blockchain, and high finance while maintaining its legacy industrial dominance.