According to the "2023 Hurun 100 Rich List" released by the Hurun Research Institute on October 24, there are still many tycoons in the PV industry, but the overall wealth holding value has decreased significantly.
According to the list of PV entrepreneurs who have entered the 2023 Hurun 100 Rich List for two consecutive years and related data, the wealth of tycoons such as Luo Liguo of Hersheng Silicon, Li Zhenguo and Li Xiyan and their wife of LONGi Xinneng, Zhang Hejun of Deye, Liu Hanyuan and Guan Yamei and their wife of Tongwei Group have all seen their wealth reduced by more than 30 billion yuan, shrinking by a total of 130 billion yuan, according to the statistics of the Chaodian Think Tank.
"Entrepreneurs with more wealth growth in the past year mainly came from online gaming, semiconductors, software services, especially cybersecurity, and food and beverages, especially the beverage and catering industry, while those with more declines mainly came from real estate, the photovoltaic industry with overcapacity, and the iron and steel industry." Hurun Hurun, chairman and chief research officer of Hurun Billionaires, said.
Cao Renxian, chairman of the China Photovoltaic Industry Association, recently said that the industry's internal and external factors superimposed on a variety of factors, making the supply and demand situation in the photovoltaic and energy storage market is complex and volatile. He believes that the size of the photovoltaic industry has been in a dynamic balance of the relative surplus state, this state can be better for the industry's future demand for front-loading, but need to avoid blind expansion and disorderly competition. In the absence of adequate market research and assessment of their own capabilities, excessive expansion of production capacity or large-scale replication of low-end products, which will lead to a new round of industry volatility.
In terms of energy storage, the issue of high-speed improvement in supply capacity should also be given high priority.
Cao Renxian reminded that along with the influx of players from all walks of life, the overcrowded energy storage market is even more mixed, many cross-border enterprise technology precipitation and project experience is not enough to prepare, it is difficult to achieve big breakthroughs and innovations, and a lot of energy storage equipment cast but not used, which directly results in the risk of energy storage technology is the same, product quality homogeneity, and the bad money drives out the good money and so on.
Talking about the problem of overcapacity, China Photovoltaic Industry Association Honorary Chairman Wang Bohua said publicly that the current photovoltaic manufacturing industry is still accelerating expansion. Past expansion is mainly at home, overseas manufacturing capacity is mainly to reduce or even shut down production and closure. Now the situation has changed, Europe, the United States, India, the Middle East photovoltaic industry are expanding, and the speed is very fast.
Luo Liguo, Chairman of Hesheng Silicon. Fortune 60 billion, shrinking 38 billion from last year
According to Baidu Encyclopedia, Luo Liguo, a native of Cixi, Zhejiang Province, is engaged in the chemical industry, and his wealth comes from the Hersheng Group. 2022, Luo Liguo's family was ranked 35th in the 2022 Hurun List of the 100 Wealthy with a wealth of RMB 98 billion; in October 2023, Luo Liguo's family was ranked 66th in the 2023 Hurun List of the 100 Wealthy with a wealth of RMB 60 billion.
Founded in 2005, Hesheng Silicon (603260.SH) is the first private enterprise involved in organosilicon monomer, and has developed into a leading enterprise in the field of silicon-based new materials such as industrial silicon and organosilicon with a market capitalization of hundreds of billions. Among them, industrial silicon is the raw material for photovoltaic polysilicon, and Hersheng Silicon's photovoltaic customers include Tongwei shares, Daquan Energy and other head silicon enterprises.
On October 14, the proposed investment of 35.5 billion yuan of Hesheng Silicon Industry held a PV industry chain through the whole line and components off the line ceremony. It is reported that the Hesheng Silicon PV industry chain project not only contains silicon, silicon wafers, cells, components and other crystalline silicon main links, but also to achieve the PV glass, frame and other important auxiliary materials self-sufficiency.
Li Zhenguo, President of LONGi Green Energy. Wealth 41.5 billion, shrinking 31 billion from last year
Born in May 1968, founder of LONGi Green Energy (601012.SH). Li Zhenguo is a well-known expert in the field of transverse magnetic field monocrystalline silicon, has long been engaged in the production of monocrystalline silicon and research work, and its research and development of polycrystalline carbon headstock de-carbonization process has been widely used in the industry, and has been funded by the National Science and Technology Innovation Fund.
In 2022, Mr. and Mrs. Li Zhenguo and Li Xiyan were ranked 53rd on the 2022 Hurun 100 Rich List with a wealth of RMB 72.5 billion; in October 2023, Mr. and Mrs. Li Zhenguo and Li Xiyan were ranked 112th on the 2023 Hurun 100 Rich List with a wealth of RMB 41.5 billion. Between one year, the wealth shrinks 31 billion.
Founded in 2000, LONGi Green Energy has built five business segments: monocrystalline silicon wafers, battery modules, distributed photovoltaic solutions, terrestrial photovoltaic solutions, and hydrogen energy equipment.
Zhang Hejun, Chairman of DEI. Fortune 25 billion, shrinking 31 billion from last year
Zhang Hejun, 71, is the Chairman of the Board of Directors and Chairman of the Strategy Committee of DEYE Corporation. 2022, Zhang Hejun was ranked 79th on the Hurun 100 Rich List 2022 with a wealth of 56 billion RMB. 2023, Zhang Hejun was ranked 205th on the Hurun 100 Rich List 2023 with a wealth of 25 billion RMB, a shrinkage of 31 billion RMB in his personal wealth.
DEYE (605117.SH) is a large-scale manufacturing technology enterprise integrating research and development, design, production, sales and service, and currently owns four core industrial chains of solar inverter system, inverter control system, environmental electrical appliances series and heat exchanger series, with a total market capitalization of 29.7 billion dollars.
At the beginning of July this year, DEYE was caught in the "counterfeiting" storm. German media heise online reported that the micro inverter produced and marketed by DEYE is suspected of counterfeiting, which is caused by the blogger's evaluation of the dismantling of the machine, and found that there is a lack of relays inside the product, which is inconsistent with its statement in the VDE4105 certification.
Tongwei Board Chairman Liu Hanyuan. Wealth of $95 billion, shrinking $30 billion from last year
Baidu encyclopedia shows that Liu Hanyuan, 59 years old, for the Tongwei Group (600438.SH) Board Chairman, China Feed Industry Association Executive Vice President, the All-China New Energy Chamber of Commerce Executive Chairman. 2006, Liu Hanyuan leadership of the Tongwei formally entered the new energy industry.
In 2022, Liu Hanyuan and Guan Yamei were ranked 23rd on the 2022 Hurun 100 Wealthy People's List with a wealth of 125 billion RMB. In October 2023, Liu Hanyuan was ranked 31st on the 2023 Hurun 100 Wealthy People's List with a wealth of 95 billion RMB.
Tongwei New Energy is the investment platform of Tongwei's PV terminal business, specializing in PV terminal investment and development, planning and design, intelligent operation and maintenance of the whole investment process services, and at the same time, it is involved in the agriculture and new energy PV industry, forming a fishery-photovoltaic integrated project that can generate electricity above and raise fish below.
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