Recently, Shandong’s provincial enterprise, entrepreneurs and industrial economy associations jointly released their top 100 company list. ChemChina Petrochemical’s Huaxing Petrochemical and Zhenghe Group made the list, ranking 64th and 74th.
The list was made to carry out the provincial government’s strategy of developing a group of pillar industries, large-scale companies and famous brands. The top 100 companies were chosen based on operation or sales revenue in Shandong in 2012 and all underwent review.