#149

Dang Yanbao

China 53 years old Self-Made

Overview

Source of Wealth
Coal
Residence
Yinchuan
Education
Peking University (Master of Business Administration)
Marital Status
Married
Children
1

Assets

  • Ningxia Baofeng Energy
    4,938,870,000 shares @ -
    -
    600989-CN

Biography

Dang Yanbao is the chairman of Ningxia Baofeng Energy Group, a supplier of coal chemical products.

He worked in building materials and investment before setting up Baofeng Energy in 2005.

Another private firm, Baofeng Energy Storage, in 2022 broke ground on China's first energy storage plant covering the full supply chain in the southwestern city of Yinchuan.

In 2025, Baofeng Energy completed its $9.5 billion polyalkene plant in China's Inner Mongolia, the largest in the world with 3 million ton annual capacity.