In a ceremony held on December 14th in Hangzhou, the 23rd China Top 100 Listed Companies Summit Forum unveiled its prestigious accolade, as STL secured its place in the esteemed Top 100 Listed Companies in China Award.
Embracing a steadfast commitment to the integrated light hydrocarbon industry platform, STL aligns with high-quality development objects. The company relentlessly propels technological innovation by consistently accelerating its strategic footprint in high-end chemical new materials like α-olefin, POE, and EAA. By continuously fortifying and expanding the value chain, STL extends its influence into the broader spectrum of chemical new materials, fostering a dynamic “ecosystem” for new chemical materials. The enterprise propels the industry forward, steering towards high-end and green development, fueled by the dual engines of “green and low-carbon” initiatives and relentless “technological innovation”, and sharing the marvels of chemistry globally.
The China Top 100 Listed Companies ranking, now in its 23rd year, utilizes the internationally recognized CBT100 index system by primarily sorting companies based on total profits. This not only showcases the scale of listed companies but also illuminates their profitability and development potential. In 2023, the 500 enterprises listed on the ranking collectively achieved a staggering annual profit of 6.6 trillion CNY, representing an impressive 95.61% of the total profits of all listed companies on the Shanghai and Shenzhen stock exchanges. This underscores their escalating dominance as the economic powerhouse of the region.