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2019 China's Top 500 Private Enterprises Released! Far East Ranked 221st
On August 22, the "2019 China"s Top 500 Private Enterprises Summit", sponsored by the All-China Federation of Industry and Commerce and Commerce and the Qinghai Provincial People"s Government, was grandly held in Xining. At the meeting, the list of "2019 China"s Top 500 Private Enterprises" was released, and Far East Holding Group Co., Ltd. again made it on the list, ranking 221st with a revenue of 37.21756 billion yuan.
China"s Top 500 Private Enterprises
2019 List Release
S/N |
Enterprise Name |
Province |
Industry |
Operating Income (unit: RMB 10,000) |
221 |
Far East Holding Group Co., Ltd. |
Jiangsu |
Comprehensive |
3721756 |
222 |
Ningbo Fubang Holding Group Co., Ltd. |
Zhejiang |
Comprehensive |
3716128 |
223 |
Redsun Group Co., Ltd. |
Jiangsu |
Chemical raw materials and chemicals manufacturing industry |
3713626 |
224 |
Huafeng Group Co., Ltd. |
Zhejiang |
Chemical raw materials and chemicals manufacturing industry |
3696292 |
225 |
Zhejiang Mingri Holdings Group |
Zhejiang |
Retailing |
3682761 |
226 |
VV Group |
Jiangsu |
Food manufacturing |
3672177 |
227 |
Shenzhen Jinyafu Holding Group Limited Company |
Guangdong |
Commercial service industry |
3657301 |
228 |
Wolong Holding Group Co., Ltd. |
Zhejiang |
Electrical machinery and equipment manufacturing |
3653562 |
229 |
Shandong New Hope Liuhe Group Co., Ltd. |
Shandong |
Animal husbandry |
3633685 |
230 |
Shandong Bohui Group Co., Ltd. |
Shandong |
Chemical raw materials and chemicals manufacturing industry |
3627652 |
2019 China"s Top 500 Private Enterprises
Since its foundation, Far East has always adhered to the development strategy of "main business+investment" and has formed five major business sectors, making it on the list of China"s Top 500 Private Enterprises for many times. Based on the four major business sectors of smart cables and power products, smart airport/energy system services, smart car power and energy storage systems, and industrial Internet, Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869), a company affiliated to Far East, continues to make progress towards the goal of becoming the world"s leading smart energy and smart city service provider.
Over the years, the Far East has achieved steady growth in overall operating results in terms of revenue, profit and operating cash flow. In terms of foreign investment, the Far East has also achieved many successes. Up to now, the number of companies invested by Far East Holding Group has reached 352, among which 102 are listed ones (28 listed in New OTC Market) and 13 pre-disclosed.
On the road of innovation and development, Far East is grateful to all customers, employees, investors and all sectors of society for their trust and support. In the future, the Far East will remain steadfast, focusing on industry and improving main business. It will closely follow the guidelines of the national development strategy, strengthen quality construction, enhance brand value, take customers as the core, carry forward the spirit of craftsmanship, and make the Far East brand stronger and better.