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Shandong Energy Group ranks 75 of China’s Top 500 Enterprises

 

2011 Top 500 Enterprises of China Release Conference

 

Jinan, September 4 - News from the 2011 Top 500 Enterprises of China Release Conference and China Corporations Summit held in Chengdu on September 3, 2011, shows that Shandong Energy ranks 75 out of the top 500 Chinese enterprises and 6 among China’s coal corporations with an operating income of 105,989,600,000 yuan.

According to reports, the List of Top 500 Chinese Enterprises is released by the China Enterprise Confederation and China Entrepreneurs Association for the tenth time, and has become the indicator of Chinese enterprises observed by the communities from all walks of life. Most of the enterprises on the Top 500 List are experiencing stable development while continuing to grow in scale. The threshold to enter the 2011 China Top 500 Enterprises has been raised to 14.198 billion yuan, an increase of 28.11% over the previous year, the biggest increase since the global financial crisis in 2008.

Also in the news: Shenhua Group Corporation Limited, Henan Coal Chemical Industry Group Co., Ltd., Jizhong Energy Group Co., Ltd., Shanxi Coal Transportation and Marketing Group Co., Ltd., and China Pingdingshan Shenma Energy and Chemical Group Co., Ltd., are ranked 29, 58, 60, 72 and 74 of the Top 500 Chinese Enterprises. Shenhua Group Corporation Limited, Henan Coal Chemical Industry Group Co., Ltd. and Jizhong Energy Group Co., Ltd. have been also selected 2011 Fortune 500.