Chenming Group has been ranked among the Fortune 500 in China for 12 consecutive years

in #finance3 years ago

On July 20, Fortune Chinese.com released the 2021 Fortune China 500 list. Chenming Group has been shortlisted for 12 consecutive years with its strong strength and excellent performance.

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The list was compiled by Fortune (Chinese version) in cooperation with the Wealth Management Department of CICC, taking into account the performance and achievements of the world's largest listed Chinese company in the past year.

It is reported that China’s GDP exceeded 100 trillion yuan last year, and the total operating income of the 500 listed Chinese listed companies this year reached 53 trillion yuan, more than half of China’s GDP that year. The annual revenue threshold of the listed companies this year is close to 17.4 billion yuan. Affected by the new crown epidemic, the annual revenue threshold of the listed companies this year is 2.3% lower than the threshold of nearly 17.8 billion yuan last year.

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In recent years, Chenming Group has insisted on focusing on its main business, strengthening the industry, continuously promoting high-quality development, implementing an innovation-driven strategy, eliminating outdated production capacity, introducing the most advanced equipment and technology, and building a number of high-end production lines to achieve corporate quality and efficiency. Simultaneous improvement; strategic layout of the entire industry chain, becoming the country's first pulp and paper integrated enterprise with self-sufficiency in wood pulp production and fully balanced pulp and paper production capacity, and has established a leading position in the industry.

After more than 60 years of development, Chenming Group has created its own brand, cultivated its own core competitiveness, and gradually formed the following advantages: first, the advantage of pulp and paper integration; second, the advantage of industrial layout; third, the advantage of scale ; Four is the brand advantage.

Facing the future, Chenming Group will vigorously promote the enterprise spirit of "learning, surpassing and leading", unswervingly follow the road of high-quality and sustainable development, comprehensively improve the management level and operation quality of the enterprise, continue to focus on the main business, and strengthen the industry Concentrate on the construction of the Hubei Huanggang production base in the central region, as soon as possible to form the three production bases of Shouguang in the north, Huanggang in the middle, and Zhanjiang in the south, and strive to build a world-class enterprise group with global competitiveness, and make new developments for the development of the paper industry , Greater contribution!

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