Recently, All-China Federation of Industry and Commerce (ACFIC) released the ranking list of “Top 500 of China Private Enterprises 2016”, Shagang ranked the 9th place depended on the total business turnover of 205.8434 billion RMB, the 6th place of China Private Manufacturing Enterprise and the first place of Domestic Private Metallurgical Enterprise.
There were 39 metallurgical enterprises listed in the “Top 500 of China Private Enterprises 2016”. Among them, Zenith Steel Group Corporation ranked 22 and the 2nd place of private metallurgical enterprise, Beijing Jianglong Heavy Industry Group closed behind, ranked No.3.
Under the background of complicated domestic & international situation and impact of economic downturn, the threshold of Top 500 of China Private Enterprises has crossed over 10 billion Yuan first time, reached 10.175 billion Yuan, increased 666 million Yuan against to the last year. In 2015, the average operating revenue of top 500 China Private Enterprises reached 29.38 billion Yuan; average total assets reached 27.644 billion Yuan, increased 11.21% and 25.38% respectively against to the last year.