Rencently,the list of top 500 enterprises in China in 2020 was issued by Fortune China, by taking into account the performance and achievements of the largest listed Chinese companies worldwide in 2019. Sunwoda Electric Co., Ltd. (hereinafter referred to as Sunwoda) was ranked as No.361 with sales revenue of 25.2 billion CNY which is 49 place increase over last year.
According to the Fortune China’s announcement, the total revenue of 500 listed Chinese enterprises on this year’s list reached 50.5 trillion CNY with growth rate by 11% year-on-year., whilenet profit reached 4.2 trillion CNYand grew more than 16% over last year. This year, the minimum annual revenue for listed enterprises was nearly 17.8 billion CNY, and grew by nearly 10% over last year. This year totally 83 enterprises from GBA were listed, including 34 from Shenzhen.
Under the increasingly tough market competition, Sunwoda always cultivates intensively, accumulates energy, actively cooperates with international and domestic customer demands, gradually increases market share, further improves customer recognition and satisfaction, and achieves the increase of revenue and profit in 2019. The total revenue reached 25.241 billion CNY with a year-on-year growth of 24.1%. Net profit owned by parent company was 751 million CNY with a year-on-year growth of 7.06%.