On September 13th, Zhejiang Market Supervision Bureau, Zhejiang Federation of Industry and Commerce jointly announced the list of “Top 100 Zhejiang Private Enterprises”. Satellite Group, the parent company of STL ranked 27.

The list was mainly based on the OI in 2021 and was formed by referring to the financial indicators such as after-tax NP and total tax payments, as well as the annual report data of the enterprise credit information disclosure system.

In the last year, Zhejiang Private enterprises were still aiming at business opportunities, and the overall performance of the top 100 private enterprises has been greatly improved. Shortlisted OI reached to 16.669 bn RMB, up 11.25% from the previous year. What is worth mentioning, Satellite Group ranked first in the list with a strong growth rate of 160.56%.

In the future, Satellite Group would continue to improve the inner power and core competence through leading technology and leading management and would insist on “technology creates future”, based on the integration of light hydrocarbon to create low carbon chemical new materials technology company, which continues to create taxes for the regional economy, create profits for shareholders and creates income for employees, which leads to common prosperity.