Xu Hang is the Chairman of the Board of Pengrui Group and one of the co-founders of Mindray Medical. Pengrui Group's business scope includes investment in fields such as new energy, high-tech environmental protection industries, urban development and construction, ecological tourism project development, and industrial investment. Pengrui Group has evolved into a comprehensive enterprise integrating diverse businesses such as urban development, healthcare industries, commercial operations, property management, equity investment, and philanthropy. In 2021, Xu Hang and the Pengrui Public Welfare Foundation jointly donated 1 billion RMB to the Shanghai World Laureates Development Foundation, contributing to basic science, cutting-edge scientific research, scientific exchanges, and the transformation of scientific achievements.