Guangdong state-owned assets show their "report card": By 2024, total assets reached 2.73 trillion yuan, and investments in emerging industries totaled 642.02 billion yuan.

date
25/04/2025
The press conference on the high-quality development of state-owned assets and state-owned enterprises in Guangdong Province was held in Guangzhou. Wang Xiaoyun, Deputy Director of the Guangdong Provincial State-owned Assets Supervision and Administration Commission, stated that by 2024, the total assets of provincial state-owned enterprises will reach 2.73 trillion yuan, an increase of 37.8% compared to 2020. They will achieve operating income of 702.205 billion yuan, a total profit of 38.783 billion yuan, and an added value of 160.028 billion yuan, representing increases of 57.8%, 57.2%, and 41.8% respectively compared to 2020. In the first quarter of 2025, provincial state-owned enterprises achieved operating income of 161.867 billion yuan, a total profit of 9.096 billion yuan, and an added value of 39.525 billion yuan, with year-on-year increases of 0.9%, 9.5%, and 9.5% respectively.