Lin Jianhua, who was earlier an employee at National Fertilizer Company, has now rooted in the Chinese list of Billionaire.
Lin Jianhua is the leading supplier of Film and Back-sheet belongings for the solar energy sector. The company’s shares’ values have been surged by 44% spontaneously when the company took initiative converting into a Public company at Shanghai Stock Exchange (SSE) preceding this Friday. The company has spurred the earnings of $266 million at first by selling 60 million shares at a rate of 27.18 Yuan for each share.
Lin Jianhua reported that the company’s shares have risen by a total of 10% of their regular maximum value today! Lin and his wife Zhang Hong own the maximum shares of the company accounts 78% that is proving the stake amounting $2.2 billion at present.
Undoubtedly, China has come up as a giant in the Global Market of solar energy. The company is gaining strength over its solar stocks in the last year that consists of U.S.-listed companies: Trina and Hong Kong-traded Hanergy Solar. The billionaire Lin Jianhua is heading China’s largest company of solar power that makes him a major player in the renewable energy sector of the world.
