On August 2, the 2023 Fortune Global 500 was released globally simultaneously, and Guangzhou Industrial Investment Holding Group (GIIHG) was on the list with a business revenue of $36,588.5 million (USD), ranking No. 414 on the list. GIIHG entered the Fortune Global 500 list for the first time two years after its established on December 28,2019, which is a milestone on the way of the GIIHG group's high-quality development, also a key step towards the vision of the world's top leading manufacturing investment holding group.
Fortune Global 500 list is regarded as the most famous and authoritative list to evaluate the global large-scale companies, based on the company's annual revenue and profitability. It provides the important indicators to guiding the globally recognized enterprises to evaluate their own strength, scale and international competitiveness. This time awarded further highlights GIIHG's comprehensive strength and international influence, and will greatly enhance the brand value of GIIHG, it is of great significance to enhance the visibility and influence of Guangzhou's industry, as well as the influence of Guangzhou's national center city and world metropolis.
As the key enterprise of Guangzhou advanced manufacturing industry, GIIHG actively implements the strategic deployment of the Guangzhou government of “industry first, manufacturing city”, based on the positioning of state-owned capital investment company in the field of industry, with the goal of optimizing the industrial ecological system of Guangzhou industry, focusing on building the “Advanced Manufacturing “, “Industrial Finance” and “Industrial Services” system, focusing on emerging materials, core components, high-end equipment as the three core industries, and actively embracing the advanced manufacturing sustainability and intelligent change trend, by promoting the integration of “industry, capital and innovation”, GIIHG continuously optimizes the industrial layout, promotes the gathering of global high-end industrial resources to Guangzhou at the same time, accelerating the restructuring and upgrading of GIIHG's Guangzhou industrial industry.
At present, GIIHG has 82 high-tech enterprises, 63 specialized and special new enterprises, 11 scientific and technological innovation achievements have reached the domestic leading level, and it has restructuring from quantity focus to Quality, Creation and Intelligence focus. In 2022, GIIHG ranked 64th on the list of “China Top 500 Manufacturing Enterprises” and “2022 China Strategic Emerging Enterprises” and 75th in the list of “Top 100 Leading Enterprises in Strategic Emerging Industries in China in 2022”.
In May 2023, GIIHG successfully became one of the “Double Hundred Enterprises” of the State-owned Assets Supervision and Administration Commission (SASAC) for the reform of State-owned Enterprises, and five of its secondary enterprises, Guangzhou Iron & Steel Gas, Guangri Elevator, THB Electronics, South Astronautics, and Guangzhou Cable were selected as the “Model Science and Technology Enterprises”. China's top 500 companies, ranked 117th.
