Early Life and Education
Xu Hang was born in 1962. He showed an early interest in science and technology, which shaped his career path. He holds a Bachelor of Engineering degree and a Master of Science in Engineering from Tsinghua University. He also holds an EMBA from China-Europe International Business School. Xu's educational background laid a strong foundation in engineering, proving instrumental in his career.
Rise to Success
In 1991, Xu co-founded Mindray Medical International with Li Xiting and Cheng Minghe. Under his leadership, Mindray became the largest high-tech medical equipment manufacturer in China. He is credited with inventing China's first domestic color B-ultrasound machine, earning him the National Progress Award. In 2001, Xu established Pengrui Investment Group Co., Ltd.
Key Business Strategies
Xu's leadership at Mindray focused on technological innovation and product development. He emphasized making high-quality medical equipment more affordable and accessible. Mindray expanded its business to over 190 countries. Xu also focused on talent development and blending Chinese values with modern corporate governance.
Philanthropy
Xu has contributed to philanthropy, supporting educational and healthcare causes.
