Zhejiang Dingli Machinery Bundle
Who Owns Zhejiang Dingli Machinery Company?
Understanding a company's ownership is key to its strategic direction. Zhejiang Dingli Machinery Co., Ltd., a major player in intelligent aerial work platforms (AWPs), was founded in 2005 in Deqing, Huzhou, China.
As a global leader, Dingli's ownership structure influences its innovation and market standing in the AWP sector.
The company is publicly traded on the Shanghai Stock Exchange (603338.SS). As of August 21, 2025, its market capitalization stood at approximately CNY 27 billion. This public listing means ownership is distributed among shareholders, though significant stakes may be held by founders or major investment firms. Exploring the Zhejiang Dingli Machinery PESTEL Analysis can offer further insights into the external factors influencing its operations and, by extension, its ownership dynamics.
Who Founded Zhejiang Dingli Machinery?
Zhejiang Dingli Machinery Co., Ltd. was established in 2005, with Shu Gen Xu identified as the founder. Mr. Xu has consistently held the positions of Chairman and General Manager since the company's inception, indicating a strong founding ownership. While specific initial equity distribution details are not publicly disclosed, his continuous leadership suggests a stable and centralized control from the outset.
| Founder | Role | Founding Year |
|---|---|---|
| Shu Gen Xu | Chairman and General Manager | 2005 |
Founding Vision
Shu Gen Xu's entrepreneurial vision was key in positioning the company as a specialized aerial work platform manufacturer. This focus has remained central to its identity and expansion.
Early Development Focus
The company's initial years emphasized research and development. This strategy aimed to solidify its market position through continuous product innovation.
Ownership Stability
The sustained leadership of Shu Gen Xu points to a stable founding ownership structure. This stability facilitated the company's growth and eventual public offering.
Market Specialization
Dingli Machinery's core business has always been the manufacturing of aerial work platforms. This specialization has been a driving force behind its market presence.
Absence of Disputes
Public records do not indicate any significant early ownership disputes. This suggests a cohesive founding team with a unified objective.
Founding Control
Mr. Xu's dual role as founder and long-term chairman implies a strong, centralized founding ownership. This structure supported the company's early trajectory.
The foundational ownership of Zhejiang Dingli Machinery Co., Ltd. appears to be heavily influenced by its founder, Shu Gen Xu. His continuous leadership as Chairman and General Manager since the company's establishment in 2005 suggests a significant, if not primary, stake in the company's early development and ongoing management. While specific details on initial equity splits or early investors are not widely publicized, the absence of reported ownership disputes and the company's consistent growth trajectory under his leadership indicate a stable founding ownership structure. This stability was crucial for the company's focus on research and development and its subsequent Growth Strategy of Zhejiang Dingli Machinery.
Key Aspects of Early Ownership
The early ownership of Zhejiang Dingli Machinery is characterized by the founder's significant influence and the company's strategic focus.
- Founder: Shu Gen Xu
- Key Roles: Chairman and General Manager
- Founding Year: 2005
- Primary Focus: Aerial work platforms
- Ownership Structure: Centralized founding control suggested
- Public Status: The company is publicly traded, indicating a broader shareholder base post-IPO.
Zhejiang Dingli Machinery SWOT Analysis
- Complete SWOT Breakdown
- Fully Customizable
- Editable in Excel & Word
- Professional Formatting
- Investor-Ready Format
How Has Zhejiang Dingli Machinery’s Ownership Changed Over Time?
Zhejiang Dingli Machinery Co., Ltd. transitioned to a public entity with its IPO on the Shanghai Stock Exchange on March 24, 2015. The offering involved 16.25 million shares at 29.56 yuan per share, aiming to secure approximately 480.35 million yuan in capital. Since this event, the company's ownership has been characterized by sustained founder influence alongside growing institutional participation.
| Event | Date | Impact on Ownership |
|---|---|---|
| Initial Public Offering (IPO) | March 24, 2015 | Became a publicly traded company, increasing public float and introducing diverse shareholders. |
| Founder Stake | February 2022 | Founder Xu Shugen held 45.5% of shares, indicating significant insider control. |
| Insider Holdings | Recent Records | Insiders collectively hold approximately 47% of the company's shares. |
| Institutional Investment | Ongoing | Various asset management firms identified as major institutional holders. |
The ownership structure of Zhejiang Dingli Machinery Co., Ltd. reflects a blend of founder-led strategic direction and diversified institutional investment. As of February 2022, the founder, Xu Shugen, maintained a significant 45.5% ownership, underscoring a strong insider presence. This concentrated founder stake is further evidenced by recent data indicating that insiders collectively own around 47% of the company's shares. While specific, up-to-the-minute percentages for all institutional investors in 2024-2025 are not always publicly detailed, a notable group of asset management firms, including Deqing Zhongding Equity Investment Management Co., Ltd., Minsheng Royal Fund Management Co., Ltd., AEGON-Industrial Fund Management Co. Ltd., China Southern Asset Management Co., Ltd., China Merchants Fund Management Company Ltd., HuaAn Fund Management Company Ltd., and Truvalue Asset Management Co.,Ltd., are recognized as key institutional shareholders. These investments bolster the public float and enhance market liquidity, while the substantial founder ownership ensures a consistent strategic vision. The company's global expansion, including investments in international entities such as MAGNI (Italy), MEC (USA), and TEUPEN (Germany), is demonstrative of how its ownership dynamics influence its growth trajectory and international presence. Understanding the Revenue Streams & Business Model of Zhejiang Dingli Machinery provides further context to its ownership and management strategies.
Key Stakeholders in Zhejiang Dingli Machinery
The ownership of Zhejiang Dingli Machinery is primarily characterized by founder control and significant institutional investment. This dual structure influences the company's strategic decisions and market positioning.
- Founder Xu Shugen holds a substantial stake, indicating strong insider control.
- Insiders collectively own approximately 47% of the company's shares.
- Major institutional investors include various asset management firms.
- The company became publicly traded in 2015, increasing its public float.
- Global expansion strategies are influenced by the current ownership structure.
Zhejiang Dingli Machinery PESTLE Analysis
- Covers All 6 PESTLE Categories
- No Research Needed – Save Hours of Work
- Built by Experts, Trusted by Consultants
- Instant Download, Ready to Use
- 100% Editable, Fully Customizable
Who Sits on Zhejiang Dingli Machinery’s Board?
The Board of Directors at Zhejiang Dingli Machinery Co., Ltd. is instrumental in guiding the company's strategic direction, ensuring a balance between the interests of its founder and public shareholders. The current leadership structure reflects a significant founder influence, with Shu Gen Xu serving as Chairman and General Manager.
| Position | Name |
|---|---|
| Chairman and General Manager | Shu Gen Xu |
| CEO and General Manager | Zhong Xu |
| Chief Financial Officer and Director | Mei Hua Wang |
| Director | Shui Jin Shen |
| Director | Yu Tang Yu |
| Director | Rong Gen Xu |
| Independent Director | Lin Xiang Wang |
| Independent Director | Min Shu |
| Independent Director | Min Min Gu |
| Chairman of Supervisory Board | Fa Lin Jin |
| Supervisory Board Member | Qi Neng Gao |
| Supervisory Board Member | Min Zhou |
The voting power within Zhejiang Dingli Machinery Co., Ltd. is largely concentrated due to significant ownership stakes by key individuals. As of February 2022, founder Xu Shugen held a substantial 45.5% of the company's shares, granting him considerable influence over corporate decisions and the composition of the board. This level of ownership directly translates into significant voting power, shaping the company's trajectory. While the company adheres to corporate governance best practices with the appointment of independent directors to its board, the founder's substantial shareholding remains a primary determinant in major shareholder resolutions and the election of directors. There have been no widely publicized instances of proxy battles or activist investor campaigns that have significantly altered the company's established ownership and control structure in recent years. Understanding the Marketing Strategy of Zhejiang Dingli Machinery can also provide insights into how ownership influences broader business operations.
Key Stakeholder Influence
The ownership structure of Dingli Machinery Co Ltd is significantly influenced by its founder, Xu Shugen. His substantial shareholding ensures his continued impact on the company's strategic direction.
- Founder Xu Shugen holds 45.5% of shares (as of Feb 2022).
- This stake grants him significant voting power.
- The board includes both executive and independent directors.
- Independent directors provide oversight for broader shareholder interests.
- The supervisory board monitors the board and management.
Zhejiang Dingli Machinery Business Model Canvas
- Complete 9-Block Business Model Canvas
- Effortlessly Communicate Your Business Strategy
- Investor-Ready BMC Format
- 100% Editable and Customizable
- Clear and Structured Layout
What Recent Changes Have Shaped Zhejiang Dingli Machinery’s Ownership Landscape?
Recent financial reports indicate a dynamic period for Zhejiang Dingli Machinery Co., Ltd. While the company achieved significant revenue growth in 2024, net profit experienced a dip, a trend that appears to be reversing in early 2025 with strong year-on-year increases in both revenue and net income. The ownership structure remains largely consistent, with substantial insider holdings.
| Financial Period | Total Operating Income | Year-on-Year Revenue Change | Net Profit | Year-on-Year Net Profit Change |
| 2024 | CNY 7.799 billion | +23.56% | CNY 1.629 billion | -12.76% |
| Q1 2025 | CNY 1.898 billion | +30.72% | CNY 0.429 billion | +41.83% |
The global aerial work platform (AWP) market is experiencing robust expansion, projected to reach USD 20.70 billion in 2025 from USD 19.20 billion in 2024, with an anticipated compound annual growth rate of 7.8% through 2033. This growth is fueled by increased construction, urbanization, and a greater emphasis on safety. Zhejiang Dingli Machinery is strategically positioned within this market, focusing on electrification and global expansion through investments in companies like MAGNI and MEC. Despite facing trade challenges, such as US tariffs totaling 43.49% as of February 2022, the company continues to advance its market differentiation. There have been no significant public announcements regarding major shifts in the core ownership or founder involvement, with insider ownership remaining a considerable factor at approximately 47%.
Revenue Growth Trajectory
The company reported a 23.56% increase in operating income for 2024. Early 2025 figures show continued positive momentum with a 30.72% revenue jump in the first quarter.
Profitability Trends
While 2024 saw a decrease in net profit, the first quarter of 2025 indicates a strong recovery with a 41.83% year-on-year increase in net income.
Global Market Position
The AWP market is expanding, driven by global infrastructure development. Zhejiang Dingli Machinery is actively participating through international investments and a focus on electric products.
Ownership Stability
Insider ownership remains significant at around 47%, suggesting a stable corporate governance structure. For more on the company's journey, see the Brief History of Zhejiang Dingli Machinery.
Zhejiang Dingli Machinery Porter's Five Forces Analysis
- Covers All 5 Competitive Forces in Detail
- Structured for Consultants, Students, and Founders
- 100% Editable in Microsoft Word & Excel
- Instant Digital Download – Use Immediately
- Compatible with Mac & PC – Fully Unlocked
- What is Brief History of Zhejiang Dingli Machinery Company?
- What is Competitive Landscape of Zhejiang Dingli Machinery Company?
- What is Growth Strategy and Future Prospects of Zhejiang Dingli Machinery Company?
- How Does Zhejiang Dingli Machinery Company Work?
- What is Sales and Marketing Strategy of Zhejiang Dingli Machinery Company?
- What are Mission Vision & Core Values of Zhejiang Dingli Machinery Company?
- What is Customer Demographics and Target Market of Zhejiang Dingli Machinery Company?
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.