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Jumped 24 places! Hengtong Group Reigns as One of China's Top 500 Enterprises

Release time:2023-09-20

September 20, by the China Enterprise Confederation, China Entrepreneurs Association hosted in Hefei 2023 China's top 500 enterprises Summit Forum, released the 2023 China's top 500 enterprises, China's top 500 manufacturing enterprises list, Hengtong Group was once again selected as one of China's top 500 enterprises ranked 171st, a jump of 24 places compared to 2022, and at the same time, selected as one of China's top 500 manufacturing enterprises 2023 80th. It is reported that the threshold of China's top 500 enterprises has been increasing for 21 consecutive years, and in 2023, the threshold was 46.998 billion yuan, 2.373 billion yuan higher than the previous year; the threshold of 2023 China's top 500 manufacturing enterprises was 16.550 billion yuan, 1.772 billion yuan higher than the previous year.


It is worth mentioning that this year, for the first time, Hengtong Group participated in the selection of China's top 100 multinational corporations and multinational indexes and China's top 100 leading enterprises in strategic emerging industries. The Top 100 Chinese Multinational Corporations List and Multinational Index Ranking List is generated with reference to the standards of the United Nations Trade and Development Organization (UNTDO), in which non-financial corporations with overseas assets, overseas operating income, and overseas employees are ranked according to the amount of their total overseas assets; and the Multinational Index is calculated by taking the percentage of the overseas operating income, overseas assets, and overseas employees in the corporations' total operating income, total assets, and total employees as the percentage of their total operating income, total assets, and total employees. The multinational index is calculated by taking the percentage of overseas business revenue, overseas assets and overseas employees in the total business revenue, total assets and total employees.


The sea of business is full of waves and sand, and a hundred boats are competing with a thousand sails. In the face of the severe and complex international situation, Hengtong Group will continue to integrate into the new development pattern of domestic macro-cycle and international and domestic double-cycle, focus on the strategic main channel and the new industry competition channel, adhere to the science and technology-led innovation drive, adhere to the industry chain autonomy and controllability, seize the new opportunities to seize the commanding heights, and build a globally competitive high-tech and internationalized first-class enterprise with high-quality development, and strive to carry out new responsibilities and make new contributions to Chinese modernization in the new practice. We are striving to take up a new role and make new contributions in the new practice of China-style modernization.


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