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Good News pouring in-Shanghai Huaye Iron & Steel Group remaining in the list of

"Fortune 500 Enterprises of China" for 9 years in a row till 2013

Time:2013-09-01 Source:huaye

Recently, China Association of Enterprises and China Entrepreneur Association issued the "Fortune 500 Enterprises of China" list of 2013. Shanghai Huaye Iron & Steel Group has kept 9 years in the list of ”Fortune 500 Enterprises of China” in succession after being one of the “China‘s top 500 Private Enterprises”.

According to the issued list, Shanghai Huaye Iron & Steel Group ranks 419 in the "Fortune 500 Enterprises of China of 2013" and 112 in the “China‘s top 500 Private Enterprises” of 2013 which is announced synchronously. Meanwhile, Shanghai Huaye Iron & Steel Group ranks 77 in the “China‘s Top 500 Private Enterprises “of 2013 and 128 in the “500 Strong Service Enterprises” of 2013 issued by China Federation of Industry.

In 2013, the overall scale of the "Fortune 500 Enterprises of China" continues expanding and the threshold finalists increase into 19867 million. The total scale steps into 50000 billion and the total operating revenue increases by 11.41%. However, the growth rate drops sharply by 12.22%. The income margin and return on assets remain declining for 2 years in a row.

Compared to the overall dropping growth rate, Shanghai Huaye Iron & Steel Group keeps rising steadily, which reflects in its 24413 million performances, above the threshold finalists.

 

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