NHU is on the Top 500 Companies of China New Economy, Again

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NHU is on the Top 500 Companies of China New Economy, Again

September 09
22:26 2022

On August 2, China Enterprise Evaluation Association (CEEA) released the list of Top 500 Companies of China New Economy 2021, and NHU was once again on the list, ranking 128th.It is reported that CEEC used market value/valuation as the primary criterion, and 10 items in 7 categories, including scale, profitability, growth rate, innovation, job creation, social impact, and internationalization as the secondary criteria for this year’s evaluation, based on the Evaluation Standard for Company of China New Economy (T/CEEAS 001-2021).

The development of new economy has brought new models of production and new ways of living to people, creating more opportunities and challenges to the business of NHU. As a private company in Zhejiang Province and the top company listed on the SME board of Shenzhen Stock Exchange, NHU has been holding steadfast to the innovation-driven development model and promoting the industrial transformation and upgrade since our IPO in 2004.

Pursuing the mission of Exploring Chemicals, Improving Life, NHU has successfully developed a range of high-quality products in the sectors of nutrition, aroma chemicals, APIs, and new materials and made important breakthroughs in key technologies of PPS and methionine. We fully exploit our potential by capitalizing our advantages in technology, industry, and synergy, and deepen innovation through technological cooperation, inter-segment coordination and industrial partnership, continuously improving our profitability and competitiveness. Our revenue in 2021 reached RMB14.798 billion, up 43.47% year-on-year, and our net profit was RMB4.34 billion, up 21.33% year-on-year.

While maintaining a steady growth in performance, NHU is also playing an active role in promoting industrial development, creating jobs, and improving lives.34.2% of the names on the Top 500 Companies of China New Economy 2021 are new, which means over 1/3 of the companies selected last year failed to secure their spots this year. Being on the list for the second time in a row is not only a recognition of NHU’s strength, but also a pat on the back for all NHUers. We will take this honor as an opportunity to make further efforts for faster and better development.

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