Grandson of Li Fucheng in Yanjiao, Hebei Province

Xu Li and his grandfather Li Fucheng ranked 9th in the Hurun Report of Hebei Province in 20 16. They are the founders of Fucheng Fat Cattle, and there are many enterprises such as Fucheng Investment Group Co., Ltd. and Fucheng International Hotel Co., Ltd. under their names. Official website shows that Urban Investment Group Co., Ltd. (hereinafter referred to as "Urban Group") was established in June 2006. It is a large-scale comprehensive enterprise group integrating comprehensive development of agriculture and animal husbandry, food processing, catering service, real estate development, rural construction and transformation, finance, commerce, property management and other project capital investment. Its predecessor was Sanhe xinglong village Fucheng Cattle Farm, which was founded by Li Fucheng with a loan of 5,000 yuan at 1987. At present, it has dozens of branches such as Hebei Fucheng Wufeng Food Co., Ltd., Hebei Fucheng Real Estate Development Co., Ltd., Fucheng International Hotel Co., Ltd., Sanhe Fucheng Brewing Co., Ltd. and Xinglong Fucheng Cement Co., Ltd.