2008 China Energy Rich List

 
by Region:
 by Birthplace:
2008 ranknamewealth USD$mcompanyindustry
1Peng Xiaofeng4000LDK SolarMulticrystalline solar wafers
2Shi Zhengrong3200Suntech PowerSolar energy
3Xian Yang1400Hidili IndustryCoal
4Miao Liansheng1000Yingli SolarSolar energy
5Yao Junliang & family970Meijin GroupCoal
6Li Xianshou760ReneSolaSolar energy
7Yu Jianqiu740Gushan GroupNew energy
7Zhang Hongwei740Orient GroupOil
9Sun Guangxin590Guanghui GroupNatural gas
9Xing Libin590Liansheng EnergyCoal
9Zhang Yong590Linfeng GroupPower plant
12Wang Yusuo & Zhao Baoju540Xin Ao GroupNatural gas
12Zhang Xinming & family540Jinye Coal CokeCoal
14Dou Zhenggang510Jinjiang GroupEnergy
14Huang Ming510Himin Solar Energy GroupSolar panel components
16Jin Baofang500Jinglong GroupSolar cell
17Qu Xiaohua460CSISolar panel components
18Guo Jindong440Gpro GroupOil
18Xue Guanglin440BrightoilOil
18Zhu Gongshan440Golden Concord HoldingsSolar panel components
21Ye Huaneng430Baolihua New Energy Power plant
22Wu Yuncai400ReneSolaSolar panel components
23Huo Qinghua370Qinghua GroupCoal
23Lian Guangming370Ximeng GroupCoal
25Gao Jifan & wife340Trina SolarSolar power
26Chen Wukui & family320Shenzhen Topray Solar Solar cell
26Xue Dingmin320Sunshine GroupCoal
28Li Shenggui290Shanxi Jinhui GroupCoal
28Pang Maotang290Maosheng GroupCoal
28Ren Ping290Huiming GroupPower plant
28Wang Chuanfu290BYDBatteries
28Wu Daohong290Shenwu Thermal EnergyEnergy-saving equipment
33Ou Yaping280Sinolink Worldwide HoldingsNatural gas
34Ni Yunda260Jiangsu Shunda GroupSolar energy
35Jia Tingliang & Wang Suolan240Dutuhe Coking & Chemicals Coal
35Li Anming & family240Antai GroupCoal
37Tan Wenhua220Yuhuan Solar Energy Source CompanySolar energy
37Yan Jiying220Sanjia GroupCoal
39Han Chang'an210Lubao GroupCoal
39Lv Xiangyang210Guangzhou Youngy Management & Investment GroupBatteries
41Dong Zengping180Sieyuan Electric Natural gas
41Gao Yuankun180Linuo GroupSolar products
41Jiao Yun180Baotai GroupCoal
41Liu Manshi180Manshi GroupCoal
45Cai Tianzhen150Titan Petrochemicals GroupOil
45Dai Wei150Hansi GroupOil
45Deng Wei150Bright Oceans CorporationOil
45Mi Chunlei150Zhongying GroupCoal
45Shi Yuewu150Zhengxing GroupCoal
45Wang Shunxin150Shuncheng GroupCoal
methodology:

The 2008 Hurun Energy Rich List looks at the wealth created by the energy sector only. For example, Zhang Hongwei is valued at US$1.18 on the 2008 Hurun Rich List, yet on the 2008 Hurun Energy Rich List he is listed at US$740 million. This is because the other US$440 million is invested in the finance sector. Our team of researchers has - for the tenth year running - travelled the length and breadth of the country cross-checking information with entrepreneurs, industry experts, journalists, bankers, and regulators, as well as previous years’ databases. The cut-off date for valuation of listed companies was 1 September 2008. The exchange rate used for US$ was RMB 6.8. For non-listed companies, we valued by comparing them with their listed equivalents using prevailing industry Price/Earning ratios. This list relates to Mainland Chinese only, defined as someone born and brought up in Mainland China, no matter what passport they might hold today.

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