We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: China Mints Its Latest Green Energy Billionaire
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
China Mints Its Latest Green Energy Billionaire
The Tycoon Herald > Business > China Mints Its Latest Green Energy Billionaire
BusinessMoneyTycoon

China Mints Its Latest Green Energy Billionaire

Tycoon Herald
By Tycoon Herald 2 Min Read Published November 28, 2021
Share
SHARE

A woman walks down a flight of stairs at the Shenzhen Stock Exchange in Shenzhen. Photographer: … [+] Qilai Shen/Bloomberg

© 2019 Bloomberg Finance LP

China is a world leader when it comes to billionaires from new energy fields such as electric vehicles and solar power; the 2021 Forbes China Rich List released on Nov. 4 is dotted with members from both industries, such as BYD Chairman Wang Chuanfu (worth $23.5 billion) and LONGi Green Energy CEO Li Zhenguo (worth $13.4 billion).

This week, the country minted a new billionaire from another part of the green energy field – wind power. Shares in Jiangsu Haili Wind Power Equipment surged from an IPO price of 60.66 yuan following their debut at the Shenzhen Stock Exchange on Wednesday. They ended the week at 167.69 yuan, giving the company a market capitalization of 36.4 billion yuan. That left founder’s Xu Shijun’s 48% stake worth 17.6 billion yuan, or $2.75 billion. He shares that fortune with his son Xu Chengchen.

Haili’s products include wind power towers.  Sales rose by 100% to 4.37 billion yuan in Jan.-Sept. from a year earlier; net profit rose 140% to 917 million yuan during the period.

See related posts:

Chinese Billionaires Getting Richer With Green Energy Businesses

EV Share Of China Passenger Market More Than Tripled To 19% In October

MORE FOR YOU

—with Steve Shao

@rflannerychina

You Might Also Like

Russia for Business: Experts Who Help Drive Decisions

The Quiet Shift in America’s Workforce: Why Side Hustles Are Becoming Essential for Women Over 40

Residing Paycheck to Paycheck: 9 Genius Methods To Cease It Ceaselessly – Dollarsanity

10 Tricks to Reside Frugally After Retirement – Dollarsanity

Tips on how to Price range Your Money Utilizing Dave Ramsey’s Budgeting Percentages – Dollarsanity

TAGGED:MoneyThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
World Cup qualification in Wales’ palms as Belgium go to, however do not get too carried away but – reporter pocket book
Sports

World Cup qualification in Wales’ palms as Belgium go to, however do not get too carried away but – reporter pocket book

How shortly an environment, temper and hope can change.It's mentioned every week is a very long time in politics, however in soccer maybe days are a lifetime. Final Thursday, regardless…

By Tycoon Herald 7 Min Read
Taylor Swift Makes NFL Season Debut at Chiefs-Lions Recreation
October 13, 2025
Pastors and workers from underground church are arrested in China
October 13, 2025
Diane Keaton’s Son Duke Seen For First Time Since Her Demise
October 13, 2025
Luton City: Jack Wilshere set to be unveiled as new head coach on Monday
October 13, 2025

You Might Also Like

Joseph Safina’s Driven Becomes Amazon Bestseller, Blending High Finance with High Speeds
BusinessTrending

Joseph Safina’s Driven Becomes Amazon Bestseller, Blending High Finance with High Speeds

By Tycoon Herald 6 Min Read
How To Make A Funds: 12 Simple Methods To Do It (The Full Information) – Dollarsanity
Money

How To Make A Funds: 12 Simple Methods To Do It (The Full Information) – Dollarsanity

By Tycoon Herald 60 Min Read
10 Outdated-Normal Cleansing Suggestions from Grandma – Dollarsanity
Money

10 Outdated-Normal Cleansing Suggestions from Grandma – Dollarsanity

By Tycoon Herald 21 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Business

Tko group holdings sees $77.4 million inventory buy by silver lake By Investing.com

In a current submitting with the Securities and Alternate Fee, TKO Group Holdings, Inc. (NYSE:TKO) reported…

By Tycoon Herald
Entertainment

Blake Vigorous, Justin Baldoni’s Heated Convo On Set, Supply Says Not Signal of Feud

Play video content material Blake Vigorous’s rumored feud along with her "It Ends With Us" costar/director…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?