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Satellite Group Ranked on the 2023 Fortune 500 China Rankings
2023-08-10

On July 25th, the 2023 Fortune 500 China ranking was released. Satellite Group was listed on the Fortune 500 China with a revenue of 10.9 billion US dollars and ranked 242, while also ranking 7th in the chemicals sector.

 

It is reported that this year's list includes both listed and non-listed companies, with 500 Chinese companies on the list having a total revenue of $15 trillion and a net profit of $717.1 billion in 2022.


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Satellite Group always adheres to the mission of "Chemicals make a better life", under the background of the world energy resources revolution and the "double carbon" policy, Satellite Group actively focuses on the national strategy of green transformation of energy structure, adheres to the strategy of "building a low-carbon chemical company with new technology materials based on the light hydrocarbons", use lightweight raw materials to produce olefins, and accelerates the layout of downstream high-end chemical new material projects, continuously extends and strengthens the chain, and strives to move the industrial chain towards high-end and green development. At the same time, Satellite Group maintains the high standards of their corporate mission and vision statements by creating the future through technology, cultivating talent capital, continuously increasing research and development investments, promoting innovation, and extending to the downstream chemical new material industry. With the dual engines of "green and low-carbon" and "technological innovation", Satellite Group promotes the high-quality development of the enterprise to a new level.

 

A hundred boats compete for the flow, and those who strive for the boat are the first. Satellite Group will always be guided by the "He" culture, accelerating the promotion of "technology leadership" and "management leadership", promoting the deep integration of "industrial chain" and "innovation chain", building an ecosystem in the field of new materials, contributing our power to the improvement of global climate and environmental issues, sharing the beauty of chemistry with the world.