SMM: on the morning of September 10th, the summit of China's top 2020 private enterprises was held in Beijing. At this summit, the organizers released three lists of "Top 500 Private Enterprises in China", "Top 500 Manufacturing Enterprises in China" and "Top 100 Private Enterprises in China". Chaowei Group has been on the list for eight years in a row. It ranks 40th among China's top 500 private enterprises and 22nd among China's top 500 manufacturing enterprises, and continues to be in the forefront of Chinese battery enterprises.

According to the analysis report of the list, the threshold for entry of the top 500 private enterprises this year exceeded 20 billion yuan; the scale of enterprises with operating income exceeding 300 billion yuan continued to grow; and the total operating income of the top 500 private enterprises was 30.17 trillion yuan, an increase of 5.85%. Total assets totaled 36.96 trillion yuan, up 6.78 percent.

It can also be seen in the list analysis report that China's top 500 private enterprises have demonstrated their comprehensive innovation strength through substantial growth in R & D investment and continuous improvement in innovation quality. Under the guidance of Chairman Zhou Mingming's concept of "where the talent is, where the technology is, where the project is," Chaowei has successively set up 19 research institutes and R & D institutions in China, the United States, Russia, Germany, Canada and France, making the world's most cutting-edge science and technology and products "for my use". While strengthening its own technology reserves, it has also promoted the development of China's battery industry technology. In research and development, Chaowei continues to increase investment, sodium salt battery, zinc-nickel battery, zinc-nickel single-flow battery, horizontal battery and a series of high-tech products have come out one after another.

In the first half of 2020, in the face of the influence of the complex and grim situation such as COVID-19 's epidemic situation, all the super-powerful people were United and fought tenaciously, and achieved good results in overall promoting the prevention and control of the epidemic situation and the resumption of work and production, so as to achieve steady business development and stable business situation, and the results are still bright. It has been listed in the Fortune 500 of China, the Top 100 of China's Light Industry, the Top 100 of China's Light Industry, the Top 100 of Scientific and technological Innovation of China's Private Enterprises, and the National Top 500 of Zhejiang Merchants, and so on. Not long ago, the "Top Ten New Energy Battery Industry" list released by the China Battery Industry Association showed that Chaowei once again topped the list, winning the championship of the new energy battery industry in the eighth year since 2012.

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