Northern Rare Earths on The List of Top 500 Listed Companies in China in 2023

Recently, Fortune Plus APP released the 2023 Fortune China Top 500 Listed Companies list. 500 Chinese listed companies on the list have a total operating revenue of 65.8 trillion yuan and a net profit of 4.7 trillion yuan; the annual revenue threshold for companies on the list is close to 23.7 billion yuan. According to Chinatungsten Online, seven tungsten, molybdenum and rare earth companies entered the list, namely China Railway, Luoyang Molybdenum, Baiyin Nonferrous, Xiamen Tungsten, Western Mining, Northern Rare Earths and Greenpeace.

Among them, Northern Rare Earth is located at No. 341 in the list, up 54 places from No. 395 in 2022.In 2022, Northern Rare Earth realized revenue of RMB 37,260,035,781.21, up 22.53% year-on-year, and net profit attributable to parent company of RMB 5,983,647,410.40, up 16.64% year-on-year.

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