FiberHome Technologies Group received an A grade during a business performance evaluation of State-owned companies supervised by the central government in 2016, making it the only scientific research company in a list recently released by the State-owned Assets Supervision and Administration Commission of the State Council.

It’s the first time that the company has received the top business performance rating since the evaluation scheme was launched in 2004. 

Last year witnessed a record business performance by the company. The group was responsible for many influential scientific achievements and generated 17.36 billion yuan ($2.57 billion) in revenue, representing year-on-year growth of 28.7 percent while furthering supply-side structural reform. Its profits saw a year-on-year increase of 23.7 percent.

Established in 1974, in Wuhan’s Optics Valley, FiberHome Technologies is a leading equipment vendor and global solutions provider for information technology and telecommunications.