Li Zhenguo Net Worth, Age, Family & Biography $5.1B Real Time Net Worth #442 in the world today

Avan Parvadiya — Wed, 31 May 2023 12:00:25 +0000

About Li Zhenguo

Li Zhenguo is a Chinese billionaire and business tycoon, the founder of Longi Efficient Power Energy Innovation, the world’s greatest creator of Solar panel parts. The Xi’an, China-based business produces silicon items for use in boards and had an income of 129 billion yuan in 2022. It employs more than 60,000 people, and its goods are distributed to more than 150 countries.

LONGi founder and president Li Zhenguo has met with Mohammad Abunayyan, chairman of ACWA Power

Li Zhenguo Career

Li was born in May 1968. He went to central China to study physics before getting his degree from Lanzhou University at the age of 22. Li Zhenguo started working at the Huashan Semiconductor Materials Factory after graduating from Lanzhou University. A short time later, he filled in as the working overseer of the Shanxi Wenxi Xinda Electronic Parts Processing plant.

Later he proceeded with his profession as the director of the crystal base of the Xi’an College of Technology plant and the senior supervisor of Xi’an Lijing Electronic Innovation Co., Ltd. Li Zhenguo tracked down LONGi in 2000 along with his schoolmates from the Lanzhou College and his better half, Li Xiyan. The company’s initial focus was on providing reprocessed silicon materials; only later did the founders decide to concentrate on solar.

The company will be the largest monocrystalline silicon solar manufacturer in the world by 2022. In 2021, it pronounced its aims to fabricate abroad plants, remembering the ones for India, Saudi Arabia, and the US that would work additionally the generally existing production lines in China, Malaysia and Vietnam with in excess of 60,000 representatives.

Li Zhenguo Facts

According to the company’s report for the first quarter of 2023, Li owns the shares both directly and with his wife. The pledged portion of his stake accounts for approximately 6% of his net worth. Based on an analysis of insider transactions, dividends, market performance, and taxes, a liability is included.