Billionaire Profile
Zhang Xuansong
Global Rank
#2993

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Zhang Xuansong

CEO, Supermarkets
CHINA
Real-Time Net Worth
$1.127B
Estimated based on Supermarkets stock value as of March 6, 2026
+0.63% (24h)
Age
54
Source
Supermarkets
Industry
Fashion & Retail
Citizenship
CHINA

Biography

Zhang Xuansong is a self-made Chinese retail billionaire and the founder and chairman of Yonghui Superstores, one of China's largest supermarket chains. He built his company from a small community supermarket. Yonghui Superstores achieved a significant milestone with its listing on the Shanghai Stock Exchange in 2010. Zhang's leadership philosophy is rooted in customer-centricity, innovation, and social responsibility. As of April 1, 2025, his net worth was estimated to be $1.1 Billion. Zhang has been an innovator in integrating physical stores with online grocery delivery and has attracted major investments from the Hong Kong conglomerate Jardine Matheson and the e-commerce giant JD.com.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Zhang Xuansong's early life is not extensively documented in the search results. However, he is known to have started his career in the beer wholesale business before venturing into the supermarket industry.

Rise to Success

In 1995, Zhang Xuansong and his brother, Zhang Xuanning, opened their first supermarket. They have since built Yonghui Superstores into a massive national retail powerhouse with hundreds of stores across China. Yonghui's success is built on its pioneering focus on fresh food, which accounts for a much larger share of its sales than most of its competitors. This focus on fresh produce, meat, and seafood has been a key differentiator and has allowed the company to thrive in the highly competitive Chinese grocery market. Zhang has been an innovator in integrating physical stores with online grocery delivery. The company listed on the Shanghai Stock Exchange in 2010, a significant milestone.

Key Business Strategies

Yonghui Superstores' success is attributed to its strong focus on fresh food, which accounts for a much larger share of its sales than most of its competitors. Zhang has also focused on integrating physical stores with online grocery delivery. He has attracted major investments from various entities, including the Hong Kong conglomerate Jardine Matheson and the e-commerce giant JD.com. The company's success is built on customer satisfaction and operational efficiency.

Philanthropy

The search results do not contain specific details about Zhang Xuansong's philanthropic activities or donations.

Career Milestones

1995

Founded Yonghui Superstores

Opened the first supermarket with his brother, Zhang Xuanning.

2010

Yonghui Superstores Listed on Shanghai Stock Exchange

A significant milestone for the company, providing a platform for growth.

Philanthropy & Social Impact

Unknown

Unknown

Undisclosed

No information found on specific philanthropic activities.

Business Philosophy & Leadership

Notable Quotes

"No information found on notable quotes."

Leadership Principles

Customer-centricity

Focus on customer satisfaction and enhancing the shopping experience.

Innovation

Pioneering new initiatives and integrating physical stores with online grocery delivery.

Social Responsibility

Contributing to community development and empowerment.

Controversies & Challenges

2024

Sale of Equity to Ye Guofu

Ye Guofu, the founder of Miniso, acquired 30% of Yonghui Supermarket's equity.