Biography
Dang Yanbao, born in 1973, is a prominent Chinese entrepreneur and the chairman of Ningxia Baofeng Energy Group. His estimated net worth is $17.9 billion as of January 2026, stemming primarily from his ventures in coal chemical production. His career began in the building materials industry, followed by the founding of Ningxia Baofeng Energy Group in 2005. His leadership has been key to the company's growth, which is now a major player in China's energy sector. Dang’s wealth is derived from his stake in the company, which expanded into renewable energy, with the development of one of the world's largest solar farms. He is known for his strategic investments, including the largest polyalkene facility in Inner Mongolia and China's first full-supply-chain energy storage plant. In addition to his business success, Dang is also recognized for his philanthropy.