Billionaire Profile
Jin Baofang
Global Rank
#1413

Image: Public domain | via Wikimedia Commons

Jin Baofang

CEO, JA Solar Holdings
CN
Real-Time Net Worth
$2.8B
As of December 2025
Age
73
Source
Solar panels
Industry
energy
Citizenship
CN

Biography

Jin Baofang, a prominent Chinese billionaire and the chairman and CEO of JA Solar Holdings, is a leading figure in the global solar energy industry. Born in 1952, Jin founded JA Technology in 2005, which later became JA Solar Holdings, one of the world's largest manufacturers of integrated solar panels. His career began in the electricity bureau before transitioning to leadership roles in the solar sector, where he has driven the company's commitment to technological innovation and product quality. Jin's net worth is estimated at $2.8 billion, a testament to his successful entrepreneurial journey and the growth of JA Solar. Despite facing challenges, including a brief detention in 2020, Jin has remained a driving force, leading JA Solar to significant achievements and global recognition.

Wealth Over Time

In-Depth Profile

Early Life

Jin Baofang was born in Pingdu, Shandong Province, China, in 1952. Information about his early life and childhood is limited. However, it is known that he came from a humble background and overcame numerous challenges during his upbringing.

Rise to Success

Jin Baofang's career began in the electricity bureau. He later held various positions in industry associations. In 2005, Jin founded JA Technology, which subsequently became JA Solar Holdings. The company's focus is on the research, development, and production of high-efficiency solar cells and modules. Under his leadership, JA Solar has experienced remarkable growth and success, becoming a leading global manufacturer of integrated solar panels. Jin's leadership has been instrumental in the company's growth, including its expansion into overseas markets and its listing on the Shenzhen Stock Exchange. In November 2020, Jin was investigated by the Pingdu Supervisory Committee and detained by Chinese authorities. He returned to his role in April 2021 after the restrictions were lifted.

Key Business Strategies

Key business strategies employed by Jin Baofang and JA Solar include a strong focus on technological innovation, product quality, and cost-effectiveness. The company has invested heavily in research and development to improve the efficiency and performance of its solar products. They have also expanded their manufacturing capacity and global presence, including sites in Southeast Asia and plans for a facility in the United States. Furthermore, JA Solar has integrated its operations, producing its own solar batteries and silicon chips to offset production costs.

Philanthropy

Details about Jin Baofang's philanthropic activities have not been publicly disclosed. However, his leadership in the solar energy sector contributes to environmental sustainability and the global shift towards renewable energy solutions.

Career Milestones

2005

Founded JA Technology

Established JA Technology, the precursor to JA Solar Holdings, focusing on high-efficiency solar cells and modules.

2007

JA Solar IPO

JA Solar went public on the Nasdaq.

2018

JA Solar Delisting

JA Solar was taken private after a lackluster share performance on the Nasdaq.

2019

Shenzhen Stock Exchange Listing

The company joined the Shenzhen Stock Exchange through a backdoor listing.

2020

Detention

Jin Baofang was detained by Chinese authorities and investigated by the Pingdu Supervisory Committee.

2021

Resumed CEO duties

Jin Baofang returned to his role at JA Solar after his release.

Controversies & Challenges

2020

Detention by Authorities

Jin Baofang was detained by Chinese authorities in November 2020. The exact reason for the detention was not disclosed, but it was related to an investigation by the Pingdu Supervisory Committee.