On 11th September, China Enterprise Confederation (CEC) and China Entrepreneurs Association (CEA) released “2024 Top 500 Chinese Enterprises”. Huayou Cobalt with 2023 annual business income of CNY 66.304 billion, ranked 363rd. It is reported that this year's list entry threshold is CNY 47.381 billion, CNY 383 million higher than the previous year. The revenue scale of Top 500 enterprises reached a new level, achieving a total revenue of 110.07 trillion yuan, an increase of 1.58% over the previous year.

At the same time, the release of the “2024 China's top 100 multinational corporations” list, Huayou ranked 45th, a jump of 11 places compared with last year, and in “2024 China's top 100 strategic emerging industries leading enterprises” list, Huayou ranked 61th.

In 2023, the company will adhere to the development of new energy lithium materials industry as the core, the development path of “Controlling the Resources Upstream, Developing the Markets Downstream, Enhancing the Capability from Within”, as well as the competitive strategy of “leadership of product and cost”. It has continued to deepen the global layout of industrial integration, built comprehensive competitive advantages in industrial integration, and endeavoured to build a new quality productivity pattern of industrial integration.

Being ranked among the Top 500 Chinese Enterprises again is not only a vivid manifestation of Huayou's endeavour for sustainable development, building new momentum for development, and cultivating new advantages, but also a new milestone in its grand journey to become a global leader in new energy lithium materials. As the world's leading enterprise in the integration of green manufacturing of new energy lithium materials and an ESG listed company, Huayou Cobalt, after more than two decades of development, has built a multinational operation pattern of overseas resources, international manufacturing and global market. In the future, Huayou will always take “creating value for customers, leading industrial development” as its mission, endeavor  to build a world-class enterprise, and make unremitting efforts to create a better future for mankind!