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This July, Huayou Cobalt ranked 280th on the 2024 Fortune China 500 list with a revenue of $9.366 billion in 2023. On October 17th, the 2024 Fortune China 500 Summit opened grandly in Shanghai. Bao Wei, Assistant to the President of the Group and Vice President of Recycling Industry Group, and Li Rui, Secretary of the Board of Directors, were invited to represent the company.

Themed "New Momentum, New Milestone," the summit gathered over 400 managers from Fortune China 500 companies and leading industry players, along with scholars and experts, who shared profound insights and practical experiences. Together, they explored strategies and actions for finding new momentum amid increasingly complex macroeconomic conditions.

▲ Li Rui (center) accepts the award on behalf of the company

The Fortune China 500 list is not just a list of honor, but also a reflection of China's economic development, showcasing the competitiveness of Chinese enterprises on the global stage. This year's list shows that despite numerous challenges, Chinese enterprises have demonstrated extraordinary resilience and innovative capabilities. Particularly noteworthy are the rapid growth and breakthrough achievements of companies in the internet, new energy, and high-tech sectors, which have reshaped industry landscapes and injected new vitality into China's high-quality economic development.

▲ Bao Wei (second from left)

With growing global attention to sustainable development, the circular economy, as an important economic model, has become a key driver for green transformation and industrial upgrading. In promoting the circular economy, enterprises play a critical role.

Bao Wei participated in a roundtable discussion, engaging with industry partners and experts to explore how companies can implement comprehensive net-zero emission strategies through technological innovation and policy guidance, thus achieving a circular economy and green industrial transformation.

In the wave of the new era, Huayou will remain committed to the ESG development philosophy, steadfast in its vision of "becoming a global leader in new energy lithium battery materials." The company aims to facilitate the green and low-carbon development of the new energy lithium battery materials industry chain, collaborate with upstream and downstream partners to forge new pathways for new energy development, and contribute Huayou's wisdom and strength to building a community with a shared future for mankind and creating a better future for humanity.