Dawn Group Co. , Ltd
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No. 295! Dawn Once Again Climbed Up the List of China's Top 500 Private Enterprises
Release Date:2023-09-13
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On September 12th, the 2023 China's Top 500 Private Enterprises Summit and the National Excellent Private Enterprises Supporting Shandong's Green, Low-Carbon and High-Quality Development Conference opened in Jinan. The theme of the event was "Strengthening Confidence in Development and Promoting High-Quality Development." During the conference, Dawn Group ranked 295th with a revenue of CNY 40.66 billion, 7 places up compared to previous years, which demonstrated the company's vigorous and upward development trend.

The conference was hosted by the All-China Federation of Industry and Commerce and the People's Government of Shandong Province, which aimed to guide private enterprises to accurately grasp the situation, strengthen confidence in development, and actively support Shandong's green, low-carbon, and high-quality development. It was reported that Private Enterprises in 2022 was set at CNY 27.578 billion, an increase of CNY 1.211 billion from the previous year. This year was the 25th consecutive survey of large-scale private enterprises organized by the All-China Federation of Industry and Commerce. A total of 8,961 companies with annual operating income of more than CNY 500 million participated.

The "2023 China's Top 500 Private Enterprises Research and Analysis Report," released during the conference, suggested that in 2022, private enterprises focused on new technologies, new business formats and new models, continued to increase their investment in research and development, improved the conversion rate of research achievements, further deepened cooperation between industry, academia and research institutions, accelerated their digital transformation, made progress in green and low-carbon development, fostered brand growth, and made efforts to enhance the quality and level of enterprise development.

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Private economy is a driving force of China's modernization and a crucial foundation for high-quality development. As an innovative private enterprise, Dawn Group deeply adheres to the business philosophy of "product-based, people-oriented, technology-driven, and customer-first", operates in compliance with the law, conducts business with integrity, and actively fulfills its social responsibilities. It has been rated as a meritorious enterprise in Yantai City for many years.

Over the years, Dawn Group has continuously expanded its industrial footprint both domestically and internationally. It has systematically built up its industrial chain, product chain, and enterprise network, creating four major advantages in research, parks, industry, and talent. The company has overcome multiple technological challenges, and several of its core products have entered the global competitive stage. As a result, the company's overall strength, brand recognition, industry influence, and social contributions have all been significantly enhanced. In 2022, Dawn Group achieved record highs in various key business indicators, including production and sales volume, as well as revenue.

Being consistently ranked in the top 500 private enterprises in China for several years is a strong affirmation of Dawn Group's high-quality development by various sectors of society. In the next steps, Dawn Group will align itself with the "14th Five-Year" strategic plan, leverage the resources of the Dawn New Material Science and Technology Industrial Park in Longkou City, increase investment in product research and development, accelerate technological innovation, expedite corporate transformation and upgrading, further enhance its core competitiveness, and promote the sustainable and healthy development of the private economy.