On 11th September, China Enterprise Confederation (CEC) and China Entrepreneurs Association (CEA) released “2024 Top 500 Chinese Enterprises”. Huayou Cobalt with 2023 annual business income of CNY 66.304 billion, ranked 363rd. It is reported that this year's list entry threshold is CNY 47.381 billion, CNY 383 million higher than the previous year. The revenue scale of Top 500 enterprises reached a new level, achieving a total revenue of 110.07 trillion yuan, an increase of 1.58% over the previous year. At the same time, the release of the “2024 China's top 100 multinational corporations” list, Huayou ranked 45th, a jump of 11 places compared with last year, and in “2024 China's top 100 strategic emerging industries leading enterprises” list, Huayou ranked 61th.

Recently, 709 listed companies in Zhejiang released their first half-year results. on August 31, Zheshang Magazine released the 2024 first half of Zhejiang's top 100 list of listed companies in terms of revenue and top 100 list of net profit. Huayou Cobalt ranked 14th and 16th on the list with total revenue of 30.050 billion yuan and net profit of 1.671 billion yuan.

On August 22nd, the Sedex Sustainable and Responsible Supply Chain Conference was held in Shanghai. As Sedex is celebrating its 20th anniversary, the conference is an opportunity to connect stakeholders in the field of sustainable and responsible supply chain, creating a platform for dialog and discussion. In the face of emerging supply chain ESG, supply chain legislation and due diligence management requirements. The conference has invited experts and teachers as well as business leaders to share their practical cases, academic research and experiences on the hot topics in the supply chain. Li Zhongning, Head of ESG and Sustainability Department of Huayou Cobalt, was invited to participate in the conference to share the topic on behalf of the company. On behalf of Huayou, Mr. Li Zhongning called for the stakeholders in the supply chain to form a synergy and contribute to the green, transparent and sustainable development of the global supply chain.

In order to actively practice the concept of circular economy and contribute to the innovative development of the power battery secondary utilization industry, Jiangsu Huayou Energy Technology Company Limited (hereinafter referred to as “Jiangsu Huayou Energy”) signed a strategic cooperation agreement with Ping An Property and Casualty Insurance Company of China, Beijing Branch (hereinafter referred to as “Ping An General Insurance Beijing Branch”) on August 22nd. The two parties will jointly explore the creation of an innovative cooperation model of “insurance + comprehensive utilization of power battery” to participate in the construction of risk management and protection system for the new energy industry, and jointly promote the healthy development of the new energy industry, so as to use finance to empower the high-quality development of industry.

Recently, China Nonferrous Metals Industry Association (CNMIA) held the conference of 2023 Top 50 Nonferrous Metals Enterprises. Huayou Cobalt was ranked 25th in the 2023 Top 50 Non-ferrous Metal Enterprises in terms of business revenue, 14th in the net profit list, and 6th in the overseas assets list, all advancing by one rank compared with the previous year.

On 9 August, the President of the Republic of Indonesia, Joko Widodo (in the centre), and the Minister of Economic Integration, Erlangga Hartarto, attended the closing ceremony of the 2nd LIKE Festival.