Xiaofeng Peng Net Worth is$2.5 Billion
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Xiaofeng Peng was born in China and has an estimated net worth of $2.5 billion dollars. A businessman, Xiaofeng Peng first founded Suzhou Liouxin in 1997, and manufactured industrial safety clothing and equipment. In 2010, after discovering that no company in China manufactured solar cell wafers, he founded LDK Solar, Inc. The company has done moderately well, though its stock has fluctuated a great deal.

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Xiaofeng Peng Latest News

LDK Shares Heat Up After Hours on Bright Earnings

As Marketwatch points out analysts were expecting earnings of 40 cents an ADS on revenue of $287 million. Chairman and CEO Xiaofeng Peng said in the release that the strong quarter resulted from the fact that expansion of the company’s wafer capacity ...
Posted: August 10, 2008, 10:24 pm

UPDATE 1-LDK Solar to sell stake in Chinese plant for $219 mln

“Jiangxi International Trust and Investment Co’s investment in our 15,000 MT polysilicon plant will significantly strengthen our financial position and increase our near-term operating flexibility,” LDK Solar Chief Executive Xiaofeng Peng said in a ...
Posted: November 16, 2009, 4:00 pm

Roseville’s SPI Solar moves headquarters to China

In recent remarks, SPI Chairman Xiaofeng Peng called his company “one of the largest photovoltaic development companies in (China’s) market.” In a statement Thursday, Peng noted: “China has already become the world’s largest investor in renewable ...
Posted: January 15, 2015, 11:00 pm
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