The 2022 Fortune China 500 list was released on July 12, considering the performance and achievements of the world's largest listed Chinese companies in the past year. The ranking of Tianneng Power has improved greatly, from 214th last year to 160th this year, rising by 54 places.
Judging from the trend from 2019 to 2021, Tianneng Power's operating income shows a steady growth trend. The operating income of Tianneng Power in 2019, 2020 and 2021 is 40.614 billion, 53.525 billion and 85.616 billion respectively. In 2021, the revenue of Tianneng Power increased by 59.95% year-on-year. In the past three years, Tianneng Power has ranked 255th, 246th and 214th in the Fortune China 500, showing a trend of increasing year by year.
It is worth mentioning that in 2013 when Tianneng Power was listed in the Fortune China 500 for the first time and ranked 396th. Now it has been on the list for 9 consecutive years, and the ranking has also improved significantly.
In recent years, Tianneng has adhered to the three-wheel drive new development strategy of "industry + technology + capital", focusing on customers, taking technological innovation as the driving force, continuously improving the quality and efficiency of lead-acid batteries, and at the same time developing new tracks. The continuous increase in new energy storage, hydrogen energy, recycling, green travel, etc., has led to the high-quality development of the industry and has also contributed to helping China achieve the 2030 renewable energy development goals and carbon peaking and carbon neutrality goals.