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Dang Yanbao

Dang Yanbao

D. Yanbao
-0.14% | - $-27.32M
$19.85 B ₹ 1.81 Lk Cr
Real Time Net Worth #123 Ranking as of 21 Feb 2026 By Forbes

More on Dang Yanbao

Gender

Male

Age

62Y

Country

China

Born On

January, 1964

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Coal Chemicals)

Primary Organization

Ningxia Baofeng Energy Group

Titles

Chairman

Sources of Wealth

Baofeng Energy

Industry

Energy, Chemicals, Manufacturing

About Dang Yanbao


D ang Yanbao is a Chinese industrialist from the Ningxia region who is the chairman of Ningxia Baofeng Energy Group. He has built his fortune in the energy and chemical sectors, creating a massive enterprise based on coal and its derivatives. His company is a leader in the coal-to-chemicals industry.

Baofeng Energy operates a large, integrated industrial complex that uses coal as a feedstock to produce a range of high-value chemical products, such as olefins, which are the building blocks for plastics. This process is a key part of China's strategy to reduce its reliance on imported oil for its chemical industry. The company is publicly traded on the Shanghai Stock Exchange, and Dang's controlling stake has made him one of the wealthiest people in western China. He is also a significant philanthropist in his home region.

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Quick Reads


  • Chairman of Ningxia Baofeng Energy Group.
  • His company is a major player in China's coal-to-chemicals industry.
  • Baofeng uses coal to produce plastics and other chemical products.
  • His fortune is from his controlling stake in the publicly listed company.
  • He is one of the richest people in China's Ningxia region.

Early Life and Background


Dang Yanbao is a Chinese entrepreneur, the founder and Chairman of Ningxia Baofeng Energy Group, a leading coal chemical company. Born in Yanchi County, China, in 1973, Dang's career is rooted in the energy and industrial sectors of Ningxia Province. He further secured his business expertise by obtaining an MBA degree from Peking University, providing him with high-level management and financial acumen.

His career is defined by his commitment to innovation, sustainability, and large-scale industrial projects, leveraging China's vast coal resources for high-value chemical production. He is also a prominent philanthropist, viewing social responsibility as integral to his corporate mission.

Career Journey of Dang Yanbao


Dang Yanbao became the legal representative and Chairman of Ningxia Baofeng Energy Group in 2010. His strategic vision focused on transforming coal—a traditional resource—into high-value chemical products, positioning Baofeng as a major manufacturer of essential industrial commodities. The Baofeng Group achieved national recognition, ranking highly among China's top private manufacturing enterprises.

Under his leadership, the company aggressively expanded its focus into the future of clean energy, making massive investments in super-large lithium ion energy storage projects and a full industrial chain for lithium-ion energy storage. This shift from traditional coal chemical production to high-tech battery components demonstrates his commitment to China's energy transition. Concurrently, he and his wife established the Ningxia Yanbao Charity Foundation, through which he has donated hundreds of millions of RMB, helping hundreds of thousands of students financially.

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Dang Yanbao's Timeline


2010:

Becomes a legal representative and Chairman of Ningxia Baofeng Group (Executive Leadership).

2011:

Establishes the Ningxia Yanbao Charity Foundation with his wife (Philanthropic Founding).

2019:

Donates RMB 302 million to his foundation (Philanthropic Milestone).

2020:

Baofeng Group ranks highly among China's top private manufacturing enterprises (Industry Recognition).

Ongoing:

Commits massive investment to the full industrial chain of lithium ion energy storage (Strategic Pivot).

Major Business Ventures and Investments


Dang Yanbao's wealth is concentrated in his founding and continued leadership of the private industrial giant, Ningxia Baofeng Energy Group.

  • Ningxia Baofeng Energy Group (Chairman): The core private asset, a major company in coal chemical production (turning coal into high-value chemicals) and energy storage.
  • Lithium Ion Energy Storage: The strategic new venture involving massive investment in the full industrial chain of lithium ion energy storage and battery components.
  • Ningxia Yanbao Charity Foundation (Co-founder): The philanthropic vehicle dedicated to sponsoring education and poverty alleviation, having helped over 256,700 students.
  • Industrial Scale: The company is ranked among China's top private manufacturing enterprises.

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Philanthropy and Social Impact


Dang Yanbao's philanthropy is massive, direct, and focused on his home province: he and his wife established the Ningxia Yanbao Charity Foundation, dedicating hundreds of millions of RMB to education and poverty alleviation. Their commitment includes sponsoring all college students in Ningxia Province in financial need, providing a crucial structural contribution to regional social mobility.

His structural social impact is tied to Baofeng Group's role as a major industrial employer and its investment in clean energy storage, contributing to China's sustainable development goals.

Fashion, Style, and Lifestyle


Dang Yanbao maintains the professional, composed style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects his status as a major industrialist and his commitment to social responsibility.

Residing in Yinchuan, China, his luxury is the profound security and financial reward derived from his dominance in the energy and chemical sector. His life is defined by his commitment to industrial scale, efficiency, and his dedication to large-scale educational philanthropy.

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Quotes and Philosophy


“Innovation, sustainability, and social responsibility are the three pillars of our energy sector growth.”

Fun Facts & Trivia


  • He is the Chairman of Ningxia Baofeng Energy Group, a major coal chemical company.
  • He and his wife established the Ningxia Yanbao Charity Foundation, which has helped over 256,700 students.
  • He holds an MBA degree from Peking University.
  • He is aggressively investing in the full industrial chain of lithium ion energy storage.
  • The Baofeng Group ranks highly among China's top private manufacturing enterprises.
  • His 2019 personal donation to his foundation was RMB 302 million.
  • His early focus was on transforming coal into high-value chemical products.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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