![Rongcan Xu](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Rongcan Xu
Founder at
SASSEUR REAL ESTATE INVESTMENT TRUST
Net worth: 381 M $ as of 2026-07-30
Profile
Rongcan Xu founded Shazhichuan (Shanghai) Shareholding Co., Ltd. in 1991, where he worked as Chairman & President, Sasseur Real Estate Investment Trust in 1989, where he is working as Non-Executive Chairman from 2017, and Sasseur Cayman Holding Ltd. in 1989, where he is working as Chairman.
Mr. Xu also currently works at Sasseur Asset Management Pte Ltd., as Chairman & Non-Executive Director from 2024, Nanjing Sasseur Asset Management Co., Ltd., as Director, Shimmer Fair Holdings Ltd., as Director, and various other companies.
Mr. Xu also formerly worked at Sasseur Bishan Hong Kong Ltd., as Director, Sasseur Hefei Hong Kong Ltd., as Director, Sasseur Jinan Hong Kong Ltd., as Director, and various other companies.
Mr. Xu received his undergraduate degree in 1985 from Chongqing University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-03-18 | 709,205,160 ( 56.08% ) | 381 M $ | 2026-07-30 |
Rongcan Xu active positions
| Companies | Position | Start |
|---|---|---|
| SASSEUR REAL ESTATE INVESTMENT TRUST | Founder | 1988-12-31 |
Sasseur Xi’an Ltd. | Director/Board Member | - |
Xi’an Sasseur Commercial Management Co. Ltd. | Director/Board Member | - |
Shimmer Fair Holdings Ltd.
 Shimmer Fair Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company | Director/Board Member | - |
Sasseur Xi’an Hong Kong Ltd. | Director/Board Member | - |
Sasseur Asset Management Pte Ltd.
 Sasseur Asset Management Pte Ltd. Real Estate DevelopmentFinance Sasseur Asset Management aims to invest, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for retail outlet mall purposes, as well as real estate related assets in connection with the foregoing purposes, with an initial focus on Asia. | Chairman | - |
Sasseur Nanjing Ltd. | Director/Board Member | - |
Changchun Sasseur Zhongdong Commercial Management Co. Ltd. | Director/Board Member | - |
Chongqing Shazhou E-Commerce Co. Ltd. | Director/Board Member | - |
| ░░░░░░░ ░░░░░░░ ░░░░░░░░░░ ░░░░░░░░░░ ░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
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Former positions of Rongcan Xu
| Companies | Position | End |
|---|---|---|
| ░░░░░░░░░ ░░░░░░░░░░ ░░░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░ ░░░░░ ░░░░ ░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
| ░░░░░░░ ░░░░░░ ░░░░ ░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
| ░░░░░░░ ░░░░░░ ░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
| ░░░░░░░ ░░░░░░░░░ ░░░░░░░░░░ ░░░░░░░░░░░ ░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of Rongcan Xu
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
36
1st degree connections
47
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 47 |
|---|---|
Chongqing University
 Chongqing University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Southwest University (China)
 Southwest University (China) Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Shazhichuan (Shanghai) Shareholding Co., Ltd.
 Shazhichuan (Shanghai) Shareholding Co., Ltd. Department StoresRetail Trade Operates a lifestyle-focused outlet mall | Retail Trade |
Nanjing Sasseur Asset Management Co., Ltd.
 Nanjing Sasseur Asset Management Co., Ltd. Investment ManagersFinance Provides asset management services | Finance |
Sasseur Asset Management Pte Ltd.
Sasseur Asset Management Pte Ltd. Real Estate DevelopmentFinance Sasseur Asset Management aims to invest, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for retail outlet mall purposes, as well as real estate related assets in connection with the foregoing purposes, with an initial focus on Asia. | Finance |
Sasseur Real Estate Investment Trust
 Sasseur Real Estate Investment Trust Real Estate Investment TrustsFinance Acts as a Real Estate Investment Trust/REIT | Finance |
Shimmer Fair Holdings Ltd.
Shimmer Fair Holdings Ltd. Financial ConglomeratesFinance Functions as an investment holding company | Finance |
Sasseur Cayman Holding Ltd.
 Sasseur Cayman Holding Ltd. Real Estate DevelopmentFinance Operates as holding company whose subsidiaries develops and operates retail outlet malls | Finance |
Sasseur Cayman Holding Ii Ltd.
 Sasseur Cayman Holding Ii Ltd. Real Estate DevelopmentFinance Develops and operates retail outlet malls | Finance |
Sasseur Bishan Hong Kong Ltd.
 Sasseur Bishan Hong Kong Ltd. MiscellaneousMiscellaneous Operates as a nonclassified establishment | Miscellaneous |
Sasseur Hefei Hong Kong Ltd. | |
Sasseur Jinan Hong Kong Ltd. | |
Changchun Sasseur Zhongdong Commercial Management Co. Ltd. | |
Chongqing Shazhou E-Commerce Co. Ltd. | |
Guiyang Sasseur Commercial Management Co. Ltd.
 Guiyang Sasseur Commercial Management Co. Ltd. Miscellaneous Commercial ServicesCommercial Services Provides commercial management services | Commercial Services |
Hangzhou Sasseur Commercial Management Co. Ltd. | |
Sasseur (Guiyang) Investment Consultancy Co. Ltd.
 Sasseur (Guiyang) Investment Consultancy Co. Ltd. Investment ManagersFinance Provides investment consulting services | Finance |
Sasseur (Nanjing) Commercial Management Co. Ltd. | |
Sasseur (Shanghai) Enterprise Management Consultancy Co. Ltd. | |
Xi’an Sasseur Commercial Management Co. Ltd. | |
Sasseur (Xi’an) Shopping Mall Co. Ltd. | |
Chongqing Bishan Sasseur Zhouyi Trading Co. Ltd.
 Chongqing Bishan Sasseur Zhouyi Trading Co. Ltd. Miscellaneous Commercial ServicesCommercial Services Wholesales goods | Commercial Services |
Chongqing Liangjiang Sasseur Trading Co. Ltd. | |
Chongqing Sasseur Suge Apparel Joint Stock Co. Ltd. | |
Hefei Sasseur Commercial Management Co. Ltd. | |
Kunming Sasseur Commercial Management Co. Ltd. | |
Kunming Sasseur Trading Co. Ltd. | |
Sasseur (Chongqing) Business Co. Ltd.
 Sasseur (Chongqing) Business Co. Ltd. Real Estate DevelopmentFinance Operates commercial buildings | Finance |
Sasseur (Hefei) Investment Consultancy Co. Ltd.
 Sasseur (Hefei) Investment Consultancy Co. Ltd. Investment ManagersFinance Provides investment advisory services | Finance |
Sasseur (Kunming) Investment Consultancy Co. Ltd.
 Sasseur (Kunming) Investment Consultancy Co. Ltd. Investment ManagersFinance Provides investment consulting services | Finance |
Sasseur (Shanghai) Holding Co. Ltd.
 Sasseur (Shanghai) Holding Co. Ltd. Financial ConglomeratesFinance Functions as an investment holding company | Finance |
Hefei Sasseur Trading Co. Ltd. | |
Hong Sun Development Group Ltd. | |
Sasseur Bishan (BVI) Ltd. | |
Sasseur Hefei Ltd. | |
Sasseur Jinan Ltd. | |
Sasseur Chongqing Hong Kong Ltd. | |
Sasseur Chongqing (BVI) Ltd. | |
Sasseur Hangzhou (BVI) Ltd.
 Sasseur Hangzhou (BVI) Ltd. Real Estate DevelopmentFinance Provides real estate services | Finance |
Sasseur Hangzhou Hong Kong Ltd.
 Sasseur Hangzhou Hong Kong Ltd. MiscellaneousMiscellaneous Operates as a non classified establishment | Miscellaneous |
Sasseur Kunming Hong Kong Ltd. | |
Sasseur Kunming Ltd.
 Sasseur Kunming Ltd. Real Estate DevelopmentFinance Provides real estate services | Finance |
Sasseur Nanjing Ltd. | |
Sasseur Nanjing Hong Kong Ltd.
 Sasseur Nanjing Hong Kong Ltd. MiscellaneousMiscellaneous Operates as a non-classified establishment | Miscellaneous |
Sasseur Xi’an Ltd. | |
Sasseur Xi’an Hong Kong Ltd. | |
Sasseur Super Outlet Development Pte Ltd. |
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