The fortune of post-80s entrepreneur Wang Yiming and his family has taken a significant hit, plummeting from RMB 34 billion in 2023 to RMB 13 billion, due to the underwhelming performance of Jinlang Technology in the capital market. Jinlang Technology's share price has plummeted from its all-time high, primarily owing to the company's lackluster performance in recent years. Between 2023 and 2024, the company experienced a slowdown in revenue growth, a decline in net profit attributable to shareholders, and a continuous drop in gross profit margin. Despite a brief rebound in performance during the first quarter of 2025, Jinlang Technology still intends to bolster its production capacity and enhance R&D capabilities through a fresh round of financing. Wang Yiming, who gave up his doctoral studies in 2005 to return to China and establish Jinlang Technology, has now positioned the company as a leading player in the global inverter industry.