Recently, the prestigious "2024 China Top 500 Energy Enterprises" list, initiated by China Energy News and the China Energy Economic Research Institute, was officially released. Far East Holding Group was listed alongside renowned enterprises such as State Grid, Sinopec, PetroChina, and CATL. This marks the third consecutive year that Far East has been honored as one of the "China Top 500 Energy Enterprises," demonstrating its steady leadership in the dynamic energy industry.

It is reported that the total revenue of the 2024 China Top 500 Energy Enterprises has shown a declining trend, reaching 33.42 trillion yuan, a decrease of 0.95 trillion yuan compared to the previous year, down by 2.94%. The growth rate has significantly accelerated by nearly 14 percentage points compared to the previous year.

The total revenue of private enterprises maintained its growth momentum, reaching 9.13 trillion yuan, an increase of 13.67% year-on-year. Private enterprises accounted for 27.33% of the total revenue of the "Top 500," an increase of 2.58 percentage points year-on-year, marking the highest proportion in history. The average revenue of private enterprises reached 26.9 billion yuan, growing by 15.35% year-on-year.

For 40 years, Far East has remained committed to focusing on its core business and strengthening its industrial operations, aligning closely with the Party and the nation's goals. Amid the wave of energy transition, Far East has demonstrated robust competitiveness and sustainable development capabilities, seizing policy advantages and market opportunities while leveraging innovation to inject powerful momentum into the transformation and upgrading of the energy industry.

Looking ahead, Far East will continue to uphold its development philosophy of innovation, sustainability, and environmental stewardship. With smart cable networks, intelligent batteries, and smart airports as its core business pillars, the company will offer comprehensive solutions and establish an integrated industrial layout encompassing wind, solar, gas, biomass, and energy storage. This approach aims to further enhance its core competitiveness and contribute to achieving national energy strategies and sustainable economic and social development.

Design | Shi Weimin
Editor | Huang Keshang