On July 22, 2025, Fortune officially released the 2025 China 500 ranking. GEM (stock code: 002340) re-entered the list with an outstanding performance of 33.2 billion RMB in annual revenue in 2024, ranking 411th, a significant increase of 43 places compared with the previous year, demonstrating its continuous growth momentum.

▲  GEM ranks 411th in the 2025 Fortune China 500

The Fortune China 500 ranking is jointly compiled by the world-renowned financial magazine Fortune and China International Capital Corporation. It focuses on the scale and performance of Chinese listed enterprises and is an important yardstick for measuring enterprise strength. It is reported that this list adopts the same ranking method as the Fortune Global 500 and includes both listed and unlisted enterprises.

In 2024, GEM adhered to the dual-track driven model of "urban mine mining + new energy material manufacturing". In the global industry competition, the company's management correctly insight into the situation, made precise moves and forged ahead, promoting the company to successfully overcome the global competition challenge period. With a large release of production capacity, both sales and performance achieved double growth, opening up new channels for growth, the revenue hit a record high, the green development path is getting brighter and the circular road is getting broader!  

Strive for the lead and start a new journey again. Looking forward, GEM will remain true to its original aspiration, guided by dual-track strategy, forge ahead, closely follow the "dual-carbon" goal, and build a global carbon emission reduction demonstration enterprise and an ESG value benchmark enterprise. GEM will advance resolutely toward building a world-class green industry group with a scale of hundreds of billions.