Congrats! 3 Foshan enterprises listed as China Top 500
Foshan China 2022-09-08 14:56

On September 6th, China Enterprise Confederation & China Enterprise Directors Association has announced the "Top 500 Chinese Enterprises for 2022". This year, the list counts at least 44.625 billion yuan in turnover, an increase of 5.389 billion yuan over the previous year. Honorably, three Foshan enterprises won places on the list, including Country Garden Holdings Co., Ltd., Midea Group Co., Ltd. and Hongwang Holding Group Co., Ltd.


Country Garden Holdings Co., Ltd. raked in 523.064 billion yuan over the past year, ranking 45th on the chart (same as last year). From January to June, the company registered a total revenue of 162.36 billion yuan, with 250,000 counted units of property delivered on schedule. Moving forward, it will countinue to look for real estate markets with a healthy supply-demand relations, where high-quality land resources will be discovered in local strategic locations.


Country Garden Headquarter


Midea Group, a house-old home appliance maker based in Shunde District, jumped five places up to the 77th this year, thanks to a outstanding turnover of 341.23321 billion yuan. For the first half of 2022, Midea Group created 341.23321 billion yuan in turnover, which marks a year-on-year increase of 5%. Driven by a digital and intelligence-based endeavor, the group has intensified input in R&D. As of June 2022, Midea (including Toshiba Home Appliances) has received more than 77,000 patent authorizations, as well as more than 2,000 invention patents worldwide in the first half of this year.


Midea Headquarter


With 50.08617 billion yuan counted in income, Hongwang Holding Group Co., Ltd ranked the 435th this year, 16 places higher than last year. Hongwang Group, founded in 2003, is a professional manufacturer of cold-rolled stainless steel coils and color steel finishing products, with strong presence in Guangdong, Sichuan, Henan, Fujian, Shandong, Hunan and other provinces. In February 2021, Hongwang Group won a bid for a key land plot in Wenhanhu Lake Science and Technology Town in Nanhai, Foshan, with a far-reaching vision to create a bigger miracle.


Hongwang Holding


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Revisor | Eleanor, Eddie