Reading dense text and locating objects within images are fundamental abilities for Large Vision-Language Models (LVLMs) tasked with advanced jobs. Previous LVLMs, including superior proprietary models like GPT-4o, have struggled to excel in both tasks simultaneously. Moreover, previous LVLMs with fine-grained perception cost thousands of tokens per image, making them resource-intensive. We present TextHawk2, a bilingual LVLM featuring efficient fine-grained perception and demonstrating cutting-edge performance across general-purpose, OCR, and grounding tasks with 16 times fewer image tokens. Critical improvements include: (1) Token Compression: Building on the efficient architecture of its predecessor, TextHawk2 significantly reduces the number of tokens per image by 16 times, facilitating training and deployment of the TextHawk series with minimal resources. (2) Visual Encoder Reinforcement: We enhance the visual encoder through LVLM co-training, unlocking its potential for previously unseen tasks like Chinese OCR and grounding. (3) Data Diversity: We maintain a comparable scale of 100 million samples while diversifying the sources of pre-training data. We assess TextHawk2 across multiple benchmarks, where it consistently delivers superior performance and outperforms closed-source models of similar scale, such as achieving 78.4% accuracy on OCRBench, 81.4% accuracy on ChartQA, 89.6% ANLS on DocVQA, and 88.1% accuracy@0.5 on RefCOCOg-test.