13 Cixi companies listed as top 100 manufacturing corps

Category: Other News
Published: Tuesday, 28 August 2012 11:08

Ningbo Enterprise Confederation and Ningbo Enterprise Directors Association jointly released the list of 2012 Top 100 Manufacturing Enterprises in Ningbo a few days ago, and 13 enterprises from Cixi including China Xulong Group were among the list. Of the 13 companies, half of them are engaged in household electrical appliances.

In accordance with international and domestic conventions, the top 100 companies were ranked according to their revenues of last year after the verification and approval of the review and appraisal board formed by governmental officials, members of relative associations as well as experts on the field. If the self-registered companies once had a record of great adverse effect in Ningbo City or are now loss-generating enterprises, they would be disqualified from the ranking immediately.

Among the 13 listed companies, China Xulong Group ranked 37th in the 100 companies, with revenue being 2.392 bln yuan, net profit 23.11 mln yuan and the total tax 63.01 mln yuan. The other 12 companies are as follows: Xingye Shengtai Group Co., Ltd, Jinlun Group Corp., Cuori Electrical Appliances (Group) Co., Ltd, Shenlong Group, Fotile, Ningbo Hicon Industry Co., Ltd, Ningbo Xinhai Electric Co., Ltd, China Feilong Appliance Group Co., Ltd, Ningbo Kingsun Group Co., Ltd, Cixi Hongyi Electronics Co., Ltd, the Group of Ningbo Shenma Co., Ltd and Huayu Electrical Appliance Group Co., Ltd.