- CEO
- Shuang Quan He
- Full Time Employees
- 980
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Huoju Industrial Zone Quanzhou FU China 362300
- IPO Date
- Jan 28, 2011
- Business
- Golden Solar New Energy Technology Holdings Limited Golden Solar New Energy Technology Holdings Limited (1121.HK), an investment holding company listed on the Main Board of The Stock Exchange of Hong Kong Limited, engages primarily in the manufacture and sale of footwear products; graphene-based materials and applications including ethylene-vinyl acetate foam material, slippers, deodorizing and sterilizing chips for air purifiers and air conditioners, and graphene air sterilizers; photovoltaic products such as cast monocrystalline silicon wafers, cast-mono heterojunction (HJT) solar cells and modules, hybrid passivation back contact (HBC) solar cells, HBC flexible modules, and bendable solar awnings; as well as original equipment manufacturer services for slippers and trading activities. The company operates through segments encompassing Boree branded products like slippers, sandals, and casual footwear; graphene-based products; photovoltaic products; and original equipment manufacturer operations, with sales extending to the People's Republic of China, the United States, South America, Europe, South East Asia, and other international markets. Founded in 1999 and headquartered in Quanzhou, Fujian Province, China, Golden Solar, formerly known as Baofeng Modern International Holdings Company Limited, has transformed from a traditional footwear manufacturer under brands such as Boree and Baofeng into a materials science and new energy technology firm through strategic acquisitions of graphene technology know-how several years ago and advancements in solar innovations since 2020, including the development of high-efficiency HJT cells exceeding 24% conversion efficiency and patented cast-mono crystalline silicon processes. Recent developments include the formation of Jinlong (Xi'an) New Energy Technology Co., Ltd. in September 2024 as a joint venture with JP-Solar Power (Fujian) Company Limited and Xi'an Longi Leye Photovoltaic Technology Co., Ltd. to produce and sell HBC solar cells by upgrading PERC production lines; a long-term supply cooperation agreement signed in September 2025 by its Putian Branch with First Holding Group Co., Limited, an authorized partner of Swiss PV AG, for up to 300MW annually of photovoltaic cells and modules targeting the European rooftop solar market under the Megasol brand; a strategic cooperation agreement with the AKANI Group in South Africa announced on May 16, 2025; and ongoing equity buyback activities with updates through August 2024, alongside upgrades to HJT cell production lines during 2024 to enhance conversion efficiencies. Subsidiaries such as Quanzhou Baofeng Shoes Co., Ltd. support footwear operations, while Golden Solar (Quanzhou) New Energy Technology Co., Ltd. drives solar and materials research, development, manufacturing, and commercialization efforts.