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China JushiFY2024Subsidiaries and invested companies
FY2024 overviewProducts and glass-fiber technologyManufacturing basesProjects and construction progressSubsidiaries and invested companiesMarkets, customers and suppliersCash generation and working capitalDebt and related-party balancesOperating risks and business commitments
Annual business review / fy2024-field-role-20261006

China Jushi FY2024: Subsidiaries and invested companies

Organizational roles, reported holdings, operating figures and reporting boundaries.

Evidence-linked English operating research. The source and stated coverage below define the scope of this version. Source-page links provide optional verification; the English account is intended to stand on its own.

Reporting period ended 2024-12-31 / Filing published 2025-03-20
Content version 13 / d92b378dd0ae / PUBLISHED

Controlled and invested companies

Jushi Group: FY2024 business and reported figures

The FY2024 controlled-and-invested-company table lists Jushi Group with a reported holding of 100.00% and a principal business of glass-fiber manufacturing and sales. It reports revenue of CNY 17,294,313,400.00, operating profit of CNY 2,795,240,200.00 and net profit of CNY 2,356,543,200.00. Total assets are CNY 43,910,910,100.00, net assets CNY 27,554,247,200.00, and registered capital CNY 5,255,313,000.00. The table's monetary unit is ten-thousand CNY, except Jushi USA's explicitly stated ten-thousand USD registered capital. These are organizational figures, not a site or production-line allocation. The table does not specify each row's standalone or consolidated perimeter; its revenues and profits must not be added together as the listed issuer's results or treated as shareholder-attributable contributions.

Reported disclosureFY2024 annual report, p. 22 ↗
Registered capital / 2024 / annual controlled and invested table perimeter not specified
RMB 5,255,313,000
Total assets / 2024 / annual controlled and invested table perimeter not specified
RMB 43,910,910,100
Net assets / 2024 / annual controlled and invested table perimeter not specified
RMB 27,554,247,200
Revenue / 2024 / annual controlled and invested table perimeter not specified
RMB 17,294,313,400
Operating profit / 2024 / annual controlled and invested table perimeter not specified
RMB 2,795,240,200
Net profit / 2024 / annual controlled and invested table perimeter not specified
RMB 2,356,543,200
Issuer-reported holding percentage / 2024 / annual controlled and invested table perimeter not specified
100%

Jushi USA: FY2024 business and reported figures

The FY2024 controlled-and-invested-company table lists Jushi USA with a reported holding of 70.00% and a principal business of glass-fiber manufacturing and sales. It reports revenue of CNY 788,277,100.00, operating profit of CNY -27,963,600.00 and net profit of CNY -28,047,200.00. Total assets are CNY 2,699,569,200.00, net assets CNY 1,396,530,300.00, and registered capital USD 200,000,000.00. The table's monetary unit is ten-thousand CNY, except Jushi USA's explicitly stated ten-thousand USD registered capital. These are organizational figures, not a site or production-line allocation. The table does not specify each row's standalone or consolidated perimeter; its revenues and profits must not be added together as the listed issuer's results or treated as shareholder-attributable contributions.

Reported disclosureFY2024 annual report, p. 22 ↗
Registered capital / 2024 / annual controlled and invested table perimeter not specified
200,000,000 USD
Total assets / 2024 / annual controlled and invested table perimeter not specified
RMB 2,699,569,200
Net assets / 2024 / annual controlled and invested table perimeter not specified
RMB 1,396,530,300
Revenue / 2024 / annual controlled and invested table perimeter not specified
RMB 788,277,100
Operating profit / 2024 / annual controlled and invested table perimeter not specified
RMB -27,963,600
Net profit / 2024 / annual controlled and invested table perimeter not specified
RMB -28,047,200
Issuer-reported holding percentage / 2024 / annual controlled and invested table perimeter not specified
70%

Jushi New Energy: FY2024 business and reported figures

The FY2024 controlled-and-invested-company table lists Jushi New Energy with a reported holding of 100.00% and a principal business of electricity generation. It reports revenue of CNY 62,302,900.00, operating profit of CNY 40,963,600.00 and net profit of CNY 40,780,500.00. Total assets are CNY 1,113,158,600.00, net assets CNY 352,351,600.00, and registered capital CNY 300,000,000.00. The table's monetary unit is ten-thousand CNY, except Jushi USA's explicitly stated ten-thousand USD registered capital. These are organizational figures, not a site or production-line allocation. The table does not specify each row's standalone or consolidated perimeter; its revenues and profits must not be added together as the listed issuer's results or treated as shareholder-attributable contributions.

Reported disclosureFY2024 annual report, p. 22 ↗
Registered capital / 2024 / annual controlled and invested table perimeter not specified
RMB 300,000,000
Total assets / 2024 / annual controlled and invested table perimeter not specified
RMB 1,113,158,600
Net assets / 2024 / annual controlled and invested table perimeter not specified
RMB 352,351,600
Revenue / 2024 / annual controlled and invested table perimeter not specified
RMB 62,302,900
Operating profit / 2024 / annual controlled and invested table perimeter not specified
RMB 40,963,600
Net profit / 2024 / annual controlled and invested table perimeter not specified
RMB 40,780,500
Issuer-reported holding percentage / 2024 / annual controlled and invested table perimeter not specified
100%

Sinoma Wind Power Blade: FY2024 business and reported figures

The FY2024 controlled-and-invested-company table lists Sinoma Wind Power Blade with a reported holding of 20.01% and a principal business of wind-turbine-blade production and sales. It reports revenue of CNY 9,469,509,000.00, operating profit of CNY 300,971,100.00 and net profit of CNY 318,392,400.00. Total assets are CNY 14,147,528,700.00, net assets CNY 5,918,829,100.00, and registered capital CNY 754,193,500.00. The table's monetary unit is ten-thousand CNY, except Jushi USA's explicitly stated ten-thousand USD registered capital. These are organizational figures, not a site or production-line allocation. The table does not specify each row's standalone or consolidated perimeter; its revenues and profits must not be added together as the listed issuer's results or treated as shareholder-attributable contributions. Its 20.01% holding must not be represented as full ownership or used alone to establish control or the accounting method. This is an issuer-disclosed investment, not an extension of research into the investee’s own filings.

Reported disclosureFY2024 annual report, p. 22 ↗
Registered capital / 2024 / annual controlled and invested table perimeter not specified
RMB 754,193,500
Total assets / 2024 / annual controlled and invested table perimeter not specified
RMB 14,147,528,700
Net assets / 2024 / annual controlled and invested table perimeter not specified
RMB 5,918,829,100
Revenue / 2024 / annual controlled and invested table perimeter not specified
RMB 9,469,509,000
Operating profit / 2024 / annual controlled and invested table perimeter not specified
RMB 300,971,100
Net profit / 2024 / annual controlled and invested table perimeter not specified
RMB 318,392,400
Issuer-reported holding percentage / 2024 / annual controlled and invested table perimeter not specified
20.01%

Read the complete annual research snapshot

Sources and scope

What this guide establishes

  • This page is based only on selected business disclosures in the FY2024 annual report. Statements about the following year are the plans stated in that report.
  • Later filings have their own pages. Their subsequent project milestones and commercial outcomes are not inserted into this historical account.
  • The source report is in Chinese. English wording was drafted and checked in separate passes by the same assistant. Independent editorial review and publication approval remain pending.
  • This local pilot is not a complete extraction of every business disclosure in the annual report.
  • Depth review: the stated operating and project scopes are expanded, but not all financial notes, governance rows, industry charts or separate ESG documents have been extracted. Same-assistant checks are not independent editorial approval.
  • FY2024 inventory-allowance and related finance-company loan field roles are clarified in this version. Earlier shared labels incorrectly called closing amounts and annual movements opening balances. Source values, currencies and periods are unchanged; original evidence and earlier versions are retained.
FY2024 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2025-03-20
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