Sunshine Power Co., Ltd.,
Cao Renxian sun power
directly held 38.84% of the shares, and through Shangge Hefei New Energy
Investment Co., Ltd. ( Cao
Renxian holds 10.44% stake) Sunshine Power indirectly holds
0.68% stake. As the rich resources in the financial weekly laboratory 5 July
statistics, Cao Renxian
equity wealth reached 1.845 billion yuan, ranked first in the Chinese family
wealth list 477.
Compared to last year,
Cao Renxian wealth rose by
400 million yuan, an increase of 60 ranking. In the July 2012 launch of the
3000 financial weekly family wealth chart, Cao Renxian family to 1.445
billion yuan, ranked No. 537. In addition, he is also the State Council special
allowance experts, is China's
industrial party members, Twelfth People's Congress of Anhui Province, doctoral tutor
(Chairman), China Power Supply Society executive director, Hefei Industrial
China Renewable Energy Society, China Agricultural Machinery Industry Association branch vice president of wind energy equipment,
Anhui photovoltaic industry
technology innovation strategic alliance chairman, .
Research Center Cao Renxian
is typical scratch. In 1997, Hefei University of Technology School of
Electrical Engineering teaches Cao
Renxian despite opposition from family and friends, decided
to resign, the sea founded the sun power.
At that time, people on solar, wind and other new energy sources has not yet intuitive understanding of the prospects of new energy industry is also not easy to see, but learn new energy origin
Cao Renxian saw this popular
area of the tremendous opportunities possible. When the sun power solar
projects started operations rarely, Cao Renxian had to do some traditional power
products, or someone else made some technical very partial power, earn money
and then come back the development of photovoltaic inverters and windconverters.
By 2004, new energy development trend becomes clearer,
began to take drastic measures to cut non-core business, the company's
resources to focus on new energy power products. Although this time the sun in
the traditional field of power supply has a certain reputation, but Cao Renxian against all the
odds, has cut a UPS (uninterruptible power supply) and emergency power in the
field two cash flow business, the company tens of millions suddenly reduced
dollars in sales. In his view, to keep the real competitiveness, we must accept
decline in sales revenue, the subtraction is to do in the future additions.
After the 2008 financial crisis, benefiting from solar and wind energy market is developing rapidly, sun power gridtiepowerinverteronline performance with rapid growth. From 2008 to 2010, the company's total revenue was 100 million yuan, 180 million yuan, 599 million yuan, the annual compound growth rate of 144.15 percent; net profit of 8,211,100 yuan, 35,215,100 yuan and 1.48 billion yuan, compound annual growth rate of 324.60%. Outstanding performance, coupled with the prevailing promising new energy industry outlook, the market prospects of the sun power more and more clear, and some institutional investors to drive listed in the company's Eve assault shares.