Nov. 14th, Zhejiang Provincial Market Supervision Administration and Provincial Federation of Industry and Commerce announced the "2023 Zhejiang Top 100 Private Enterprises List". We are pleased to announce Satellite Group steadily improved its ranking by coming in at No.20.
Private economy plays an important role in China’s economic development. For Zhejiang Province, it is one of the important driving forces of the economic development. The qualifying criteria to secure a place on the list has been raised. For the first time 20 bn RMB mark has been surpassed, , and total sales, net assets and other data also hit new higher thresholds.
Focusing on the commanding heights of high-quality development strategy, Satellite Group focuses on technology creating the future, accelerates the R&D of downstream high-end new chemical materials such as α-olefin, POE and EAA, etc., based on the light hydrocarbon integration, expanding and strengthening the industrial chain, and expanding the "ecosystem" of new chemical materials, all in order to promote the industrial chain to high-end and green through dual-engine of green low-carbon and technology innovation. At the same time, Satellite Group maintains the vision of bigger, stronger, better and longer, and builds the soft and hard strength of sustainable development of enterprises with leading technology and management, and strives to realize the transformation from speed leader to quality leader.
