Yingfa Group
Yingfa's voltaic battery sector specializes in the R&D, production and sales of high-efficiency crystalline silicon solar cells.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CNY1.0b | Late VC | |
| Total Funding | 000k | ||
Yingfa Group, established in 1987 by founder Zhang Fayu, began its journey in the electronics components sector. Over several decades, the firm has transformed into a diversified industrial conglomerate with a significant global presence. Headquartered in Tianchang, China, the group's operations are structured across four primary business segments: Photovoltaic (PV) Cells, Electronics Operations, PV Power Plants, and Industrial Operations.
The company's most prominent division is its Photovoltaic Cell business, operated through its subsidiary, Anhui Yingfa Ruineng Technology Co., Ltd., which was established in 2016. This division specializes in the research, development, and mass production of high-efficiency solar cells, positioning itself as a key supplier within the global renewable energy market. Its product focus is on advanced N-type TOPCon and Back-Contact (BC) cell technologies, with its N-type TOPCon cells achieving conversion efficiencies exceeding 27%. The company maintains a substantial manufacturing footprint with production bases in Tianchang, Yibin, Mianyang, and Indonesia, enabling a global supply chain. Yingfa Ruineng's market position is notable, with its global shipment volume ranking third in 2024.
The original Electronics Operations segment remains a core part of the business, leveraging over three decades of experience. In 2009, the group integrated its resources, establishing Shanghai Shengchang Tianhua Electronics Co., Ltd. as its R&D and procurement hub, with Anhui Yingfa Electronics Co., Ltd. serving as the manufacturing base. This division produces a range of power electronics, including photovoltaic inverters, EV chargers, and automotive electronics. The group also engages in the development of photovoltaic power plants and manages industrial park development and operations through its subsidiary, Shanghai Shangying Property Management Co., Ltd.
Keywords: solar cell manufacturing, photovoltaic cells, N-type TOPCon, Back-Contact solar cells, renewable energy, electronics manufacturing, PV inverters, EV chargers, power electronics, industrial operations, energy technology, monocrystalline silicon, solar energy components, green energy, photovoltaic power plants, Yingfa Ruineng, Zhang Fayu