The list of top 100 companies in Shandong recently went public, and Zhenghe made the list for the eighth consecutive year.
The Shandong Federation of Enterprises and the Shandong Entrepreneurs Association jointly carried out evaluations to select the top 100 local companies as part of efforts to push ahead local business transformation and upgrading, raise core competitiveness and scientific development abilities of local industrial enterprises, improve publicity of local major business players and help them grow bigger, and help Shandong evolve into a powerful industrial facility. Businesses of the 100 companies cover non-ferrous metal smelting, chemical products, electrical machinery, paper making, rubber and raw material supply. The threshold of the list has been rising as Shandong is implementing the industry-led revitalization strategy. This year, the company needs to have operation revenue no less than 8 billion yuan ($1.29 billion) to be competitive.