On the 18th of August, the All-China Federation of Industry and Commerce (ACFIC) announced the list of China’s Top 500 Private Enterprises 2014. 13 private companies of Changzhou are ranked in the list.
Among them, Zenith Steel Group Corporation is ranked in the 15th place with the sales revenue of over 100 billion yuan.
At the same time, the ACFIC announced China’s Top 500 Private Enterprises of Manufacturing Industry (15 of which are from Changzhou) and Top 100 Private Enterprises of Service Industry (three of which are from Changzhou).
To enter the list of Top 500 Private Enterprises, the candidate companies must reach sales revenue of 9.122 billion yuan, which is 1.35 billion more than the standard of last year, an increase of 17.38%. Suning Appliance, Legend Holdings and Shandong Weiqiao Pioneering Group are ranked the top three.
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