Hengtong Group Moves up 41 Places in 2015 China’s Top-500 Enterprises

2015 China’s Top-500 Enterprises Summit Forum was held in Nanning of Guangxi Province on 22^nd and 23^th August. “2015 China’s Top-500 Enterprises” was issued in this forum, which was compiled by China Enterprise Association. Hengtong Group ranked the 328th with the annual revenue of 38,330,000,000 Yuan, up by 41 places compared with last year. “China’s Top-500 Manufacturing Enterprises” was issued simultaneously, in which Hengtong Group ranked the 163th, up by 24 places.

Based on the financial statement of enterprise, China’s top-50 enterprises are selected according to the comprehensive evaluation of indexes of sales revenue, net profit, total asset, research & development expenditure, tax amount, merger reorganization, proprietary intellectual property right, etc. Total operation revenue of China’s top-500 enterprises is about 59,500,000,000,000 Yuan in 2015, equivalent to 93.8% of gross domestic product (63,400,000,000,000 Yuan) in 2014. Threshold of annual business revenue of “2015 China’s Top-500 Enterprises” is 23,600,000,000 Yuan.

Topic of this forum is “One Belt – One Road: New Opportunity and New Development of Large Enterprise”. Depended on the strategic background of our country, Hengtong Group aims to actively promote the construction of “three-innovation enterprise” (intelligent factory, lean production and management informationization); propose the concept of “replacing the worker with robot and replacing the human hand with robot hand”; transform to intelligent manufacturing and service manufacturing; expand the “internet +”; develop the new space; accelerate the industrial transformation of internet and internet of things; seek the perfection of manufacturing; and create the China quality and global brand.

Leaders participating in this summit forum include: Wang Zhongyu – the president of China Enterprise Association and China Entrepreneur Association, Peng Qinghua – the secretary of Party Committee of Guangxi Zhuang Autonomous Region, Chen Wu – the chairman of Guangxi Zhuang Autonomous Region, etc.