In 1997, a young man named Cao Renxian gave up his "iron rice bowl" when he quit being a college teacher to become a businessman.

At that time, such a decision was seen as a bold act, but Cao had a strong belief that he would one day find success in manufacturing power supply equipment for wind power projects and solar photovoltaics (PV).

Fourteen years later, in November 2011, his company Sungrow Power Supply Co Ltd was listed on the Shenzhen Stock Exchange.

Cao Renxian. [Photo/WeChat ID: sungrowpower]

Based in Hefei National High-tech Industry Development Zone in Hefei, capital of East China's Anhui province, Sungrow Power's revenue exceeded 40 billion yuan ($5.6 billion) last year, making it a global leader in the new energy power generation industry.

Moreover, it again topped the global PV inverter company shipment rankings in 2022, according to data from consulting organization S&P Global Ratings.

Cao attributes the company's success to its focus on innovation.

Sungrow has always prioritized clean power conversion and continuously increased technological innovation. Cao himself has long been dedicated to the research of renewable energy power generation and power-related technology and has received numerous awards and prizes for his contributions to the industry.

Sungrow has a strong R&D team with a wealth of experience and independent innovation capabilities. The company holds over 3,500 patents and actively promotes the formulation and optimization of relevant industry standards.

Cao is not only a successful entrepreneur but also an advocate for the development of the national clean energy industry. He believes in technological innovation, improving quality and efficiency, and sharing the benefits of clean energy with society.