Shi Zhengrong
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| Shi Zhengrong 施正荣 |
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Shi at the World Economic Forum annual meeting in 2012
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| Born | 1963 Yangzhong, Jiangsu, China |
| Alma mater | Changchun University of Science and Technology University of New South Wales |
| Occupation | Founder, former Chairman & CEO Suntech Power |
| Net worth |  US$2.9 billion (2008)[1] |
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Shi Zhengrong (Chinese: 施正荣; Chinese: 施正榮; pinyin: Shī Zhèngróng, born 1963[2]) is a Chinese-born Australian businessman. He is the founder and, up to March 2013, chairman and chief executive officer of Suntech Power.
Biography
Shi was born in Yangzhong, Jiangsu province, China. His identical twin brother is Chen Henglong. He finished his undergraduate study at Changchun University of Science and Technology in Changchun, and obtained his Master's degree from Shanghai Institute of Optics and Fine Mechanics, the Chinese Academy of Sciences.[3] Afterward, Shi went to the University of New South Wales's School of Photovoltaic and Renewable Energy Engineering where he obtained his doctorate degree on solar power technology.[4]
He acquired Australian citizenship[5] and returned to China in 2001 to set up his solar power company - Suntech Power. According to Hurun Report's China Rich List 2013, he had a personal net worth of US$330 million.[6]
Shi was elected Fellow of the Australian Academy of Technological Sciences and Engineering in 2009.
Amid fierce price competition on its products, on 20 March 2013, the Suntech board declared bankruptcy in the wake of defaulting on US$541 million-worth of bonds, Shi having been ousted from the chairmanship earlier that month. The Financial Times, quoting the Shanghai Securities News, reported at the time that Shi's movements were being restricted and that he was not allowed to leave China pending an investigation into his role at Suntech.[7]
Philanthropy
He has donated funds for renewable energy research to the University of NSW, Australia "because he felt it was not getting an appropriate level of government support", according to Australian Greens Senator Christine Milne.[8]
References
- ↑ 施正荣简介
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- ↑ School of Photovoltaic and Renewable Energy Engineering
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- ↑ Financial Times, Dark times for Suntech's solar star.
- ↑ 'Climate of fear' in solar research, The Canberra Times, 30 May 2006. Accessed 5 June 2006.
External links
- Articles with hCards
- Articles containing Chinese-language text
- Articles containing traditional Chinese-language text
- 1963 births
- Australian billionaires
- Australian chief executives
- Australian philanthropists
- Businesspeople from Jiangsu
- Chinese chief executives
- Chinese emigrants to Australia
- Fellows of the Australian Academy of Science
- Living people
- Naturalised citizens of Australia
- People associated with solar power
- People from Zhenjiang
- University of New South Wales alumni
- Zhejiang University alumni
- Sustainability advocates
- People associated with energy
- Renewable energy commercialization
- Identical twins
- Twin people from China
