Top 10 families on new energy rich list in China
- By Xu Lin
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E-mail China.org.cn, August 2, 2011
Lv Xiangyang & family 吕向阳家族
Company: BYD Co. Ltd. 比亚迪股份有限公司
Shares: 16.3%
Wealth: 12.7 billion yuan (US$1.98 billion)
Established in February 1995, BYD is a key hi-tech private enterprise in China specializing in IT, automobile and new energy, with integrated research, development, manufacturing and sales. The company was listed on the Hong Kong Stock Exchange in July 2002.
BYD's employees and industrial parks have increased drastically during the BYD's rapid development. BYD has developed from a staff of 20 in 1995 to more than 150,000 in 2009, with 10 industrial parks across China, including sites in Guangdong, Beijing, Shaanxi, Shanghai and Changsha. It also has offices in the United States, Europe, Japan, South Korea, India, Taiwan and Hong Kong.
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