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15 July 2015

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Seven Hunan Enterprises Listed in 2018 China’s Top 500

2018-09-04 Download Print Comment

On September 2, the China Enterprise Confederation and China Enterprise Directors Association announced ‘China’s Top 500 Enterprises’ at their 2018 China’s Top 500 Enterprises Forum. Seven Hunan enterprises were included. Hunan Valin Iron & Steel Group and Hunan Construction Engineering Group ranked among the Top 200.

The ‘China’s Top 500 2018 Enterprises” qualification exceeded 30 billion CNY for the first time. There were 172 enterprises having operating revenue of over 100 billion CNY, 15 more enterprises than last year.

The 7 Hunan enterprises listed in 2018 China’s Top 500 were:
·Hunan Valin Iron & Steel Group (164th place);
·Hunan Construction Engineering Group (191st place);
·Lens Technology Co., Ltd (290th place);
·Sany Group Co., Ltd (351st place);
·Hunan Bochang Holding Group Co., Ltd (383rd place);
·Better Life Investment Group Co., Ltd (431st place);
·Dahan Holding Group Co., Ltd (434th place)

The total research and development (R&D) expenses of the Top 500 China 2018 China Enterprises was 895.089 billion CNY. The average R&D intensity was 1.56%. Hunan enterprises ranked third with an R&D intensity of 1.96%.

This article is from Hunan Provincial Government.

Translator: Fang Qi

Chinese source: