Rongfa Group Wins 2024 National State-Owned Enterprise Reform and Innovation Achievement Award
02-15-2025 | Hits
On December 13, 2024, the 2024 State-Owned Enterprise Reform and Innovation Exchange Conference and the 2024 State-Owned Enterprise Reform and Innovation Achievements (Case) Release Conference were held in Beijing. Rongfa Group, with its outstanding innovative practices in industrial investment, stood out from 215 reform and innovation cases of state-owned enterprises nationwide, winning the second prize for the 2024 State-Owned Enterprise Reform and Innovation Achievements (Case) with its innovation achievement "Integrated Innovation: Building a Leading Brand in Industrial Investment." This case will be promoted nationwide as a typical example of state-owned enterprise reform and innovation.
The "2024 State-Owned Enterprise Reform and Innovation Achievements (Case)" collection event was organized by the State-owned Assets Supervision and Administration Commission of the State Council, and hosted by the China Enterprise Confederation. It was co-organized with the Enterprise Management Professional Committee of the Chinese Management Science Society, with the aim of deeply exploring, summarizing, and widely promoting valuable experiences and advanced models of state-owned enterprise reform and innovation, injecting strong momentum into the high-quality development of state-owned enterprises in the new era.
As a state-owned enterprise in the Qingdao West Coast New Area, Rongfa Group has actively implemented the national strategy of integrated innovation in recent years, focusing on its core responsibilities and main businesses. Through capital operations such as mergers and acquisitions, equity investment, and mixed ownership reform, the company has accelerated its transformation into a market-oriented, industrialized business. Rongfa Group is committed to building a first-class national integrated innovation platform for industrial investment. Strategic restructuring of Jinglu Shipyard, restructuring the listed company Rongfa Nuclear Power, investing in high-tech projects of the Series of Research Institutes of the Chinese Academy of Sciences and Its Related System, and launching the first distributed new energy microgrid demonstration project in the New Area have all helped build a series of Rongfa industrial investment brands in fields such as advanced manufacturing, ship repair and construction, and new energy. The Rongfa Group’s total assets, operating revenue, and tax profits have maintained steady growth in recent years. The Rongfa Group owns two AA+ enterprises, one AA enterprise, and two listed companies. The Rongfa Group has been selected as one of China’s Top 500 Service Industry Enterprises and has received over 100 honors, including the National Model Integrity Unit, National Five-Star Integrity Enterprise, National Enterprise Management Modernization Innovation Achievement Award, State-Owned Enterprise Brand Excellence Project, Shandong Province Enterprise Brand Innovation Achievement, Shandong Province Civilized Unit, and Shandong Province Social Responsibility Enterprise.
