On November 21st, the "2023 Guangdong Province Manufacturing Top 500 Enterprises Summit," themed "Green Manufacturing, Brand Innovation, and Driving High-Quality Development of the Manufacturing Industry," was held in Foshan. The event, jointly organized by the Guangdong Manufacturing Industry Association, Jinan University's Industrial Economics Research Institute, and the Guangdong Development and Reform Research Institute, brought together provincial and municipal leaders, representatives from relevant government departments, renowned experts, scholars, and executives from Guangdong's top 500 manufacturing enterprises.
During the summit, the highly anticipated "2023 Guangdong Province Manufacturing Top 500 Research Report" and the list of top 500 manufacturing enterprises were officially released. This prestigious list, in its 11th year since its inaugural release in 2013, adheres to principles of "scientific, authoritative, professional, fair, and extensive" evaluation. It is compiled by an expert committee following international practices, using factors such as corporate revenue and other relevant indicators for a fair and comprehensive assessment, making it one of the industry's most influential rankings.
BATF Group, a local manufacturing enterprise in Guangdong, proudly secured the 58th position in the "2023 Guangdong Province Manufacturing Top 500." This ranking stands as a testament to BATF's robust overall capabilities and its commitment to high-quality sustainable development.
The top 500 manufacturing enterprises in Guangdong play a crucial role in leading the province's large-scale manufacturing sector, driving industry development, and stabilizing the regional economy. According to the report, these enterprises achieved a total operating income of 5.6 trillion yuan in 2023, marking a 1.2% increase from the previous year. The average operating income per enterprise reached 112 billion yuan, reflecting a 1.4% improvement from 2022. Notably, the number of green manufacturing enterprises is steadily rising, with increased research and development investments, resulting in a total patent count surpassing 350,000. Furthermore, the presence of private enterprises within the top 500 increased by 16 from the previous year, reaching a total of 372, comprising over 70% of the list, highlighting the vital role of private enterprises in Guangdong's manufacturing sector.
As a local private enterprise in Guangdong's manufacturing industry, BATF, with 23 years of steady development, has emerged as a leading player in the water-based emulsion field, standing as Asia's largest integrated research, production, and sales enterprise in this domain. BATF achieved a significant milestone in 2020 by surpassing the production mark of one million tons, securing its position as the top producer in Asia. In 2021, the production volume exceeded 130 million tons, and sales revenue exceeded ten billion yuan. BATF is currently making strides towards attaining a leading global position.
The key to BATF's leadership in the water-based emulsion field lies in the transformation of innovative research and technological advantages into core competitive strengths. With nearly 500 technical professionals, BATF holds the status of a national high-tech enterprise and a demonstration base for industry-academia-research collaboration in Guangdong. The recent launch of the Shanghai Innovation Research Institute in November further solidifies BATF's "South China + East China" dual research and development center development model. Collaborating with regional research laboratories, BATF has constructed a comprehensive research and development system, elevating its research capabilities and innovation to new heights, thereby boosting the company's overall competitiveness.
In line with the national "Dual Carbon" strategy, green transformation and development have become a consensus in the business world. BATF remains committed to the principles of "green, environmental protection, and sustainability." It has taken on the mission of "promoting global water-based solutions" since its establishment, focusing on research and development in water-based solutions. BATF consistently develops new environmentally friendly products and solutions in response to industry trends and market demands, earning widespread acclaim. Through tangible actions, BATF demonstrates its unwavering determination to create green products, effectively contributing to the green and healthy development of the industry.
Manufacturing is the foundation of a nation, the tool for national rejuvenation, and the basis for a strong nation. In recent years, the government has implemented various policies and measures to promote the high-quality development of the manufacturing industry, guiding its direction forward. BATF Group is committed to closely following the national strategic direction, actively adapting to the new development stage, implementing the new development philosophy, constructing a new development pattern, and promoting high-quality development. As it undertakes the mission of "leading the manufacturing industry," BATF is poised to advance towards building a world-class enterprise and contribute greater efforts to Guangdong's goal of becoming a manufacturing powerhouse.
