Top 20 young billionaires in China
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Peng Xiaofeng (彭小峰)
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| Peng Xiaofeng [jxcn.cn] |
Age: 37
Family wealth: 4 billion yuan
Company: LDK Solar
Title: Chairman of the board and chief executive officer
Sector: solar energy
Peng Xiaofeng started his own business in 1997. In July 2005 he found LDK Solar, a large producer of solar wafers and high-purity polysilicon and solar module manufacturer, and has been serving as the chairman of the board and the chief executive officer of the company. The Company's headquarters and manufacturing facilities are located in a hi-tech industrial park in Xinyu City, Jiangxi Province. It has more than 21,900 employees worldwide. LDK Solar was listed on the New York Stock Exchange in 2007, with an IPO earning US$ 469 million. Peng holds a MBA from Guanghua School of Management of Beijing University.
