The Billionaire Business Legend of Tang Aoqi, 80-Year-Old Dan Yang Auto Parts Tycoon
On October 26, 2025, a legendary entrepreneur from Danyang, Jiangsu, completed his life journey.
Tang Aoqi, the founder of Xinquan Co., Ltd., passed away peacefully at the age of 80, leaving behind a listed company with a market value of nearly 35 billion yuan and an entrepreneurial epic that began with borrowing 4,000 yuan and culminated in the creation of a billion-yuan business empire. After his death, an inheritance arrangement involving assets worth billions quietly unfolded, characterized by clarity, rationality, and warmth. This story of estate distribution precisely reflects the deep-rooted family values and business acumen of this first-generation entrepreneur.
