Recently, Stellar Power (Beijing) Technology Co., Ltd. (referred to as "Stellar Power") was established. This is an aerospace technology company focused on the development of future space energy, and is laying out the next generation of flexible solar wing products through aerospace grade energy material technology.
According to public information, Xu Ling, the legal representative and CEO of the company, is a celebrity in the fintech industry. As the former head of the Strategic Planning Department of JD.com Group, he participated in the initiation and establishment of JD.com (i.e. JD Finance) from scratch. His name was also closely related to the well-known consumer finance product "Baitiao" and was known as the "father of JD Baitiao".
Stellar power has become his latest entrepreneurial project incubated after leaving JD.com.
Regarding the strategic development goals of Stellar Power in terms of performance growth, product innovation, and business lines by 2026, Xu Ling stated in a media interview:
In 2026, the company plans to invest 50 million yuan in research and development throughout the year, focusing on promoting small-scale experimental construction projects of megawatt level aerospace energy and achieving production, consolidating the foundation of large-scale manufacturing. In terms of product innovation, we will continue to optimize the photoelectric conversion efficiency and space environment stability of new aerospace grade solar cells, striving to achieve internationally leading performance indicators.
At the same time, we will implement a dual wheel drive strategy of "space-based verification+ground iteration": launch two batches of battery samples into the Tiangong Space Station for in orbit research within the year, and complete reverse analysis after recycling to accelerate technological iteration; Simultaneously promote the launch of products into orbit with more than 5 satellites and conduct multi scenario application verification testing.
Through the above measures, the aim is to build a complete closed-loop system from material research and development, ground verification to space applications, providing highly reliable and high-performance core energy solutions for future commercial aerospace and space energy systems.
Previously, information showed that Xu Ling has extensive experience in banking risk control. In 2005, he graduated from the Mathematics major of Beihang University and entered the Credit Card Center of ICBC headquarters after graduation. In September 2013, Xu Ling joined JD Group and participated in the establishment of JD Finance, responsible for the overall planning and operation of consumer finance, big data credit reporting, rural finance and other businesses.
In February 2014, under the leadership of Xu Ling, Jingdong Finance launched the industry's first Internet consumer financial product, "Baitiao".
In 2019, JD Finance underwent business restructuring and was renamed as JD Digital Science, with Xu Ling serving as Vice President of JD Digital Science. However, the integration progress of various business lines of JD.com has not been smooth, and it has not allowed JD.com to break through the bottleneck. Subsequently, Xu Ling rotated to the CSO system of JD Group and served as the head of the Strategic Planning Department.
On September 3, 2021, Xu Ling resigned from JD.com.
(Comprehensive information from Beijing News, Beike Finance, Payment Encyclopedia, etc.)
