Biography
Cao Yuhua, a 71-year-old Chinese entrepreneur, chairs Wuxi Best Precision Machinery. His wealth stems from his involvement in the auto parts industry, particularly the manufacturing of precision components and intelligent equipment. Before founding Wuxi Best Precision Machinery in 1997, Cao Yuhua worked at a machinery factory in Wuxi. The company's products are used in new energy vehicles, industrial machinery and humanoid robotics, with over a third of its revenue coming from overseas markets. Cao Yuhua is married, and his daughter, Cao Yi, serves as the vice chairman of the company. As of December 3, 2025, his real-time net worth is estimated at $1.0 Billion.