Dang Yanbao
Coal · Yinchuan, Ningxia
Net worth
$20.1B
Today
+$59M+0.30%Past month
−$1.1B−5.19%As of Nov 11, 2026, 1:50 PM EST
Dang Yanbao is the chairman of Ningxia Baofeng Energy Group, a supplier of coal chemical products. He worked in building materials and investment before setting up Baofeng Energy in 2005. Another private firm, Baofeng Energy Storage, is operating a 100GWh battery and energy-storage plant in northwestern China's Yinchuan city. In 2025, Baofeng Energy began operations at a $6.7 billion olefins plant in Inner Mongolia, one of the world's largest, raising the company's annual capacity for olefin to 5.2 million tons.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Ningxia Baofeng Energy SHANGHAI: 600989-CN | Metals & Mining | 77.0% | $15.5B |
Private and other holdings | Metals & Mining | 22.9% | $4.6B |

