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Shagang entering into the top 500 for the ninth time
Shagang is ranked as the 365th in 2017

On 20th July, the USA Fortune Magazine released its latest 2017 ranking list of world’s top 500 enterprises. 115 Chinese enterprises are on the list. Shagang Group once again succeeded in entering the list with the operating income of 29.8622 billion dollars, realized the achievement of entering the top 500 for the 9th time, and ranked 365th.

Since the first time Shagang entered the top 500 list in 2009, Shagang Group has firmly established the awareness of “entering the world’s top 500 is not our destination, it’s our start.”, adhered to technology guidance, deepened indigenous innovation, accelerated the transformation and upgrading and structure adjustment, strengthened competitive capacity, comprehensively improved the operation quality of company economy, further created and enlarged the core competition advantage of company.

The world’s top 500 ranking list of Fortune Magazine has always been recognized as the most famous and authoritative list to evaluate global big-sized companies and is recognized as the “ultimate list” issued by Fortune Magazine every year. Last year, the gross operating income, net profit of companies which are on the list and list threshold all fell down about 11%. This year, these indicators all slightly rise, of which: the gross operating revenue of 500 enterprises on the list slightly rises to 27.7 trillion dollars; the total net profit increases 3% to 1.52 trillion dollars; the threshold increases 3%, returned to 21.6 billion dollars.