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Yingfa Group

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Yingfa's voltaic battery sector specializes in the R&D, production and sales of high-efficiency crystalline silicon solar cells

ChinaEnergy
Valuation $500M–1B Last recorded · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Yingfa Group and the history behind them.

About Yingfa Group

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.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
China
Employees
6
Open positions
None listed
Dealroom signal
0.0/100
Industry
Energy
Sub-industry
Energy Storage
Sector
Energy, Solar Energy, Battery, Sustainable Development Goals, Climate Tech
Technology
Hardware
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jan 2023 $143M $571M Chendao Capital · Yida Capital · Xiamen C&D Emerging Industry Equity Investment · Tianfu Sanjiang Capital ↗
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Growth signals

Yingfa Group website traffic

Latest recorded traffic for Yingfa Group is 330 monthly website visits, down 87.3% over the last three months. Yingfa Group's team grew 100% over the past year.

Latest monthly visits330 3-month web change-87.3% 1-year team growth+100%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • Chendao Capital
  • Yida Capital
  • Xiamen C&D Emerging Industry Equity Investment
  • Tianfu Sanjiang Capital
Employees 6 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇳 China50%
🇵🇰 Pakistan25%
🇺🇸 United States25%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Yingfa Group on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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