Beijing, China – September 26, 2024 – The "2024 Beijing Top 100 Private Enterprises Release Conference," co-organized by the Beijing Federation of Industry and Commerce and the Tongzhou District Government of Beijing, was held in Beijing on September 26, 2024. At the event, the "2024 Beijing Top 100 Private Enterprises List" and accompanying research reports were unveiled.

Beijing Guanghuan New Network Technology Co., Ltd. (Sinnet) proudly secured the 59th position on the prestigious list, marking its seventh consecutive year in the top 100. The recognition highlights the company's outstanding overall performance, stable profitability, and high-quality products and services.

Since its inception in 2018, the "Beijing Top 100 Private Enterprises List" has become a benchmark for evaluating corporate success in the city. Organized by the Beijing Federation of Industry and Commerce under the guidance of the Beijing United Front Work Department, the list recognizes enterprises based on their total annual operating income, legal compliance, trustworthiness, and social contributions.

Sinnet's inclusion in the list for seven consecutive years underscores its stability and growth, as well as its continuous commitment to innovation and excellence. In 2023, Sinnet reported an operating income of 7.855 billion yuan, marking a 9.24% year-on-year increase. Net profit attributable to shareholders reached 388 million yuan, reflecting a 144.09% increase. In the first half of 2024, the company achieved 3.917 billion yuan in operating income, a 3.10% year-on-year increase, and net profit of 268 million yuan, a 5.80% increase compared to the previous year.

As a key player in Beijing's digital infrastructure services sector, Sinnet has remained at the forefront of technological innovation and has consistently contributed to the advancement of the digital economy. Moving forward, Sinnet will continue to optimize its technology and services, expand its data center operations, and maintain its leadership role as a top 100 enterprise, further contributing to the high-quality development of Beijing's economy.