Haikou, China – On December 2, the 2024 Hainan Top 50 Private Enterprises & Top 20 R&D Investments Announcement and Hainan Free Trade Port Private Enterprise Promotion Conference took place in Haikou. Geo-Jade Petroleum Corporation, representing Hainan’s private enterprises, was among the attendees. Key guests included Ms. Yin Libo, Member of the Standing Committee of the Hainan Provincial Party Committee and Minister of the United Front Work Department, and Mr. Lin Sheng, Deputy Minister of the Provincial United Front Work Department and Secretary of the Party Leadership Group of the Provincial Federation of Industry and Commerce.

During the event, the Provincial Federation of Industry and Commerce released the “2024 Hainan Top 50 Private Enterprises,” while the Provincial Federation of Industry and Commerce and the Provincial Department of Science and Technology jointly unveiled the “2024 Hainan Top 20 Private Enterprise R&D Investments.” Geo-Jade secured the 19th spot on the Top 50 list.

As a private enterprise, Geo-Jade deeply recognizes its social responsibilities. Looking ahead, the company will continue to focus on its development while actively contributing to society, aiming to inspire other private businesses to pursue excellence and create greater value.

The conference highlighted the unwavering support of the Hainan Provincial Party Committee and Provincial Government in promoting private sector growth through policies such as the “Measures for Supporting the Development of Private Enterprises.” Geo-Jade plans to further strengthen communication and cooperation with the Hainan Provincial Government, refining its development strategies.

Despite ongoing changes in the external environment, Hainan’s top 50 private enterprises have maintained steady operational expansion, optimized organizational structures, bolstered innovation, and upheld social responsibility.

Receiving the 19th position in the Top 50 is both an honor and a testament to Geo-Jade’s dedicated efforts. Looking to the future, the company will remain true to its mission, strive for excellence, and aim ever higher—continuing to contribute to the growth of Hainan’s private economy.