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On 25 July, the 2024 Fortune China Top 500 list was unveiled, and Huayou Cobalt was ranked 280th on the list with a revenue of US$9.366 billion in 2023.

It is understood that the list adopts the same list-making method as the Fortune Global Top 500, and includes both listed and unlisted companies. The annual revenue threshold for companies on this year's list is about US$3,741.3 million, an increase of about 9 per cent over last year's threshold. The list and its data provide an insight into the latest trends of China's largest companies.

In 2023, the company will face the complex and severe industrial situation, meet the challenge of reversal of supply and demand, and cope with the increasing competition in the industry, go all out to respond to changes, continue to adhere to the development of new energy lithium materials industry as the core and the overall development of the trinity of "Controlling the Resources Upstream, Developing the Markets Downstream, Enhancing the Capability from Within". We adhere to the competitive strategy of "leadership of product and cost", continue to deepen the global layout of industrial integration, create comprehensive competitive advantages in industrial integration, and endeavour to build a new quality productivity pattern of industrial integration.

In the future, Huayou Cobalt will continue to carry forward the Huayou spirit of “Constantly Strive to Become Stronger and Pursue Excellence”, implement the work requirements of seeking progress amidst stability and seeking victory amidst progress, and strive to contribute to the high-quality development of the enterprise and the industry with firm confidence and pioneering efforts.