W ang Liping is a Chinese billionaire who is the chairman of the board of directors of Jiangsu Linyang Energy, a major Chinese manufacturer of smart electric meters and other energy management equipment. He has built the company into a leading domestic player and a major global supplier in its field. The company's smart meters are a critical component of modern electrical grids, allowing for more efficient energy management.
In addition to its core smart meter business, Wang has successfully diversified the company into the renewable energy sector. Jiangsu Linyang has become a major developer and operator of solar power projects in China. This strategic pivot into clean energy has been a major driver of the company's growth. His family's controlling stake in the publicly traded company is the source of their billion-dollar fortune.
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