Recently, China Enterprise Confederation and China Business Enterprise Association published a list of “China’s Top 500 Companies”. Satellite Group, the parent company of Satellite Chemical ranked No.406, and ranked No.201 in the list of “China’s Top 500 Manufacturers”. At the same time, STL was selected in the list of “China’s Top 500 Private Companies” and “China’s Top 500 Private Manufacturers”.

The entry threshold of the list was 44.623 bn RMB which improved 5.389 bn RMB compared to that of last year. The total OI of all companies on the list was more than 100 tn RMB the first time which reached to 10.248 bn RMB. It increased 14.08% compared to that of last year which was the biggest rise in this decade.

As the private listed company beside the Red Boat, Satellite Group focused on the real industry and main industry for 30 years and insisted on “Science and technology create the future”. The Group focused on new energy materials, new polymer materials, and chemicals to build low carbon chemical new material technology company based on light hydrocarbon integration, and lead to high-quality development in the industry through technological and managerial leading. In recent years, facing the complex and variable international environment, the increasing downward pressure on the economy, and the epidemic, Satellite Group firmly believed the Party and the government, firmly believed in the development of the country, and firmly do what the company should do. The Group seized the new opportunity, built a series of major projects with industry benchmarking significance, and introduced major changes in management and talents, realizing all-round, deep-level leapfrog development.

In the future, Satellite Group will improve its inner power and core competitiveness with “leading technology and management”, continuously creates taxes for the regional economy, creates profits for investors, creates income for employees, and contributes to common prosperity.