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【Huayou on Media】Chen Xuehua of Huayou Cobalt — "National Support is the Reassurance Private Enterprises Need"

  • 2025-03-05

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"This is the greatest trust and expectation the Party Central Committee has shown toward private enterprises." On February 19, 2025, Chen Xuehua, Chairman of Huayou Cobalt, shared his insights with the Shanghai Securities News after studying the spirit of the recent private enterprise symposium. He expressed profound encouragement, a deepened sense of responsibility, and pride in Huayou Cobalt’s mission.

Founded in 2002, Huayou Cobalt is a high-tech enterprise specializing in R&D and manufacturing of lithium battery materials and cobalt-based new materials, ranking among China’s Top 500 Enterprises. Chairman Chen emphasized the company’s commitment to "staying focused on its core business and strengthening industrial capabilities." By prioritizing the lithium battery materials sector, Huayou will increase R&D investments, expand its global footprint, and strive for excellence in scale, efficiency, and innovation.


I am fully confident in the development of the private economy,” stated Chen Xuehua. He emphasized that the nation’s high regard for private enterprises and their growth serves as a “reassurance” for the sector. He further expressed belief that with the introduction of the Private Economy Promotion Law, the development of a unified national market, and the implementation of supportive policies, the private economy will achieve high-quality development on a trajectory of fairness and rule of law.


Amid the promising prospects for private economic growth, Chen Xuehua affirmed that Huayou Cobalt will continue to increase R&D investments, build a talent pool with comprehensive coverage of industry leaders across critical industrial chain segments, enhance innovation capabilities, and elevate technological standards to provide robust scientific support for high-quality industrial development. Simultaneously, the company will proactively undertake social responsibilities in ESG, sustainable development, and community engagement, striving to harmonize corporate value with social value through aligned efforts.

Born during China’s reform and opening-up era, Huayou Cobalt has thrived alongside the nation’s economic and social progress. Chen Xuehua declared that the company will collaborate with private enterprises nationwide to chart a new blueprint for high-quality development. He pledged to embrace greater missions, responsibilities, and roles in advancing Chinese modernization,ensuring Huayou’s contributions align with the nation’s grand vision.

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