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Six Consecutive Years on the List! Shenghong Ranks #161 on Fortune Global 500

Click:02025-07-30 17:00:45

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The Fortune Global 500 list, published annually by Fortune magazine, stands as the world's most prestigious and authoritative ranking of large corporations. Shenghong Holding Group has maintained its presence on this elite list for six consecutive years since 2020, with its ranking consistently climbing year after year.

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Founded in 1992, Shenghong Holding Group has grown into a globally integrated high-tech industrial conglomerate spanning petrochemical refining, new energy, advanced materials and premium textiles, pioneering China's unique development model that combines tri-feedstock (oil/coal/gas) co-processing, dual-track (aromatics & olefins) parallel production, and fully integrated upstream-downstream value chain optimization.

Shenghong has established integrated industrial bases across Suzhou, Lianyungang and Suqian, vigorously implementing its "1+N" strategic development plan for new energy and advanced materials. The Group has successfully commissioned China's largest single-train 16 million-ton integrated refining and chemical complex, the world's biggest 2.4 million-ton alcohol-based polygeneration facility, while achieving global production leadership in acrylonitrile, photovoltaic-grade EVA, microfiber and recycled fiber.

In recent years, Shenghong has proactively cultivated new quality productive forces, driving carbon reduction throughout its entire industrial chain. The Group has enhanced CO₂ resource utilization and polymer material recycling while expanding its green low-carbon product portfolio, establishing replicable models for achieving carbon peak and neutrality in the industry. Concurrently, Shenghong has implemented a digital-intelligent transformation strategy through establishing a Joint Digital Innovation Center, piloting smart factory projects, and developing a "data + algorithms + intelligent robotics" operational framework to reshape industrial production paradigms.

Moving forward, Shenghong Holding Group will continue to deepen its specialization in core industrial sectors, strengthen its main businesses, and extend development into high-end segments of both industrial and value chains, accelerating its transformation into a world-class enterprise with global competitiveness.



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