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Six Textile Related Enterprises Are Listed On The Fortune Global 500 List In 2022

2022/8/4 12:44:00 0

Wealth

 
  Fortune plus app released the latest Fortune Global 500 list on August 3, 2022, Beijing time.

In 2021, the shadow of the new crown still looms over the world, and the world economy is hard to restart in the epidemic situation. However, this year's total operating income of Fortune 500 companies was about 37.8 trillion US dollars, a sharp increase of 19.2% over the previous year (the largest increase in the list's history), equivalent to two fifths of global GDP in that year, close to the sum of China's and the United States' GDP. The threshold for entry (minimum sales revenue) also jumped from $24 billion to $28.6 billion.

At the same time, the total net profit of all listed companies this year is about 3.1 trillion US dollars, a sharp increase of 88% over the same period of last year, which is the biggest increase since 2004.

This year, the number of Companies in mainland China (including Hong Kong) has declined. Compared with last year, the number of Companies in mainland China (including Hong Kong) has increased by 11. This year, it has only increased by one to 136. In addition to Taiwan's enterprises, there are 145 Chinese companies on the list, and the number of companies continues to rank first among all countries. There are 124 companies in the United States this year, 2 more than the previous year.

This year, the average operating income of enterprises in mainland China (including Hong Kong) has reached 80.98 billion US dollars, a significant increase compared with last year's figure; In addition, the average total assets are 358 billion US dollars, and the average net assets are 43.18 billion US dollars, all exceeding the average level of the world's top 500.

However, the gap between the profitability of Chinese companies and the average level of the world's top 500 companies has widened. The average profit of 145 Chinese companies on the list is about 4.1 billion US dollars. Although it is higher than itself, the average profit of the world's top 500 companies rose to 6.2 billion US dollars in the same period.

On the whole, the number and scale of Chinese enterprises on the Fortune Global 500 list will increase in 2022. However, the global industrial chain is being restructured, and the rules of global enterprise competition will also be restructured. In the future, China's big companies will inevitably face more severe challenges.

  

Listed enterprises (Textile)

In the list of Fortune 500, six textile enterprises were listed, including Hengli Group Co., Ltd., Zhejiang Rongsheng Holding Group Co., Ltd., Shandong Weiqiao Venture Group Co., Ltd., Shenghong Holding Group Co., Ltd., Zhejiang Hengyi Group Co., Ltd., and Xinjiang Zhongtai (Group) limited liability company.

Hengli Group Limited (75th)

hengli_group_was_founded_in_1994_ . _based_on_its_main_business_and_adhering_to_the_industry_ , _hengli_group_is_an_international_enterprise_developed_by_refining_ , _petrochemical_ , _polyester_new_materials_and_textile_industry_chain_ ._ the_group_now_has_one_of_the_largest_pta_factories_with_the_largest_monomer_production_capacity_in_the_world_ , _one_of_the_largest_functional_fiber_production_bases_and_weaving_enterprises_in_the_world_ , _with_120000_employees_and_a_national_ " _enterprise_technology_center_ " . _the_competitiveness_and_brand_value_of_the_enterprise_are_among_the_forefront_of_the_international_industry_ ._

Hengli Group, with a total revenue of 732.3 billion yuan in 2021, is now ranked 75th in the world's top 500, 21st in China's top 500 enterprises, No.3 in China's top 500 private enterprises, and No.6 in China's top 500 manufacturing enterprises. Hengli Group has won the "National Science and Technology Progress Award" and "national employment advanced enterprise" awarded by the State Council.

Zhejiang Rongsheng Holding Group Co., Ltd. (180)

Zhejiang Rongsheng holding group is one of the leading private petrochemical enterprises in China. In the petrochemical and chemical fiber sector, adhere to the "vertical and horizontal two-way" development strategy, that is, the industry chain will be extended vertically to the upstream and new products will be made horizontally. At present, the group has set up a complete industrial chain from refining, aromatics and olefins to downstream purified terephthalic acid (PTA), MEG and polyester (PET, including bottle piece and film), polyester filament (POY, FDY, DTY).

The group's 40 million tons / year green refining and chemical integration project in Zhoushan, Zhejiang Province, will form a world-class large-scale, comprehensive and modern green petrochemical base. The first phase of the project has been completed by the end of 2019. Located in Ningbo Petrochemical Economic and Technological Development Zone, Sinopec aromatics project has an annual production capacity of 2 million tons and was completed in 2015, leading the industry in single series scale. The three PTA production bases in Ningbo, Dalian and Hainan have an annual production capacity of 13.5 million tons, and are planned to exceed 20 million tons in recent years, making it one of the largest PTA producers in the world. The polyester fiber base, located in Hangzhou headquarters of the group, has an annual production capacity of 1.1 million tons of polyester, spinning and texturing supporting facilities, and its technology and equipment are at the domestic advanced level, and are actively preparing new differential functional fiber projects.

Shandong Weiqiao Venture Group Co., Ltd. (199)

Shandong Weiqiao Venture Group Co., Ltd. is a large enterprise with 12 production bases, integrating textile, dyeing and finishing, clothing, home textile, thermal power and other industries.

Weiqiao entrepreneurship was awarded the National May Day Labor award in 1997, was rated as the national advanced unit of spiritual civilization construction in 1999, the national advanced grass-roots party organization in 2006, the national model worker's home in 2010, the national advanced collective of textile industry system for many times, and the national advanced unit of textile harmonious enterprise construction in 2006, In 2010, it was rated as one of the top ten brand cultural enterprises in China's textile industry. In 2011, it was rated as the national demonstration enterprise for the integration of industrialization and industrialization of textile industry. In 2013, it was rated as the national advanced Party building demonstration enterprise in the textile industry.

Shenghong Holding Group Co., Ltd. (241)

Shenghong Holding Group Co., Ltd. focuses on the development of the real economy. On the basis of forming the integrated layout of the whole industrial chain of "refining, polyester and new materials", Shenghong holding group is stepping forward to the world's leading high-tech industrial group of new energy and new materials.

At present, Shenghong is closely around the central directive spirit and national strategic direction, guided by the five development concepts of "innovation, coordination, green, openness and sharing", comprehensively and deeply promotes the strategic layout of new energy and new materials, extends the innovation chain and value chain, and continuously spins new materials, new energy materials, high-performance membrane materials, bio based materials, etc Breakthroughs have been made in the fields of biomedical materials, high-performance fibers and their composites, striving to build a world-class industrial cluster of new energy and new materials, and to help the transformation and upgrading of China's manufacturing industry.

Zhejiang Hengyi Group Co., Ltd. (264)

Zhejiang Hengyi Group Co., Ltd. is a large modern private enterprise specialized in petrochemical and chemical fiber raw material production. The group insists on "let China's long textile history shine brilliantly on our generation again", and takes "building a century old foundation industry and establishing a forest of world famous enterprises" as its mission. It has successively successfully set foot in polyester melt direct spinning and PTA projects among private enterprises in China, and the caprolactam project jointly built with Sinopec is praised as a model of mixed ownership reform, In the same industry, it has formed a distinctive and competitive "double fiber" driving mode and a "columnar" industrial structure.

At present, the annual production capacity of Hengyi group is more than 10 million tons, which is the first in the world; PTA's annual production capacity (including projects under construction) reaches 22 million tons, ranking first in the world.

Xinjiang Zhongtai (Group) Co., Ltd. (434)

Xinjiang Zhongtai (Group) Co., Ltd. is a key resource conversion enterprise supported by Xinjiang Uygur Autonomous Region. At present, the company has 45 wholly-owned and controlled subsidiaries and 47 joint-stock companies, such as Xinjiang Zhongtai import and export trade Co., Ltd., China Thailand International Development (Hong Kong) Co., Ltd; More than 20000 employees.

The company's main PVC resin (PVC), ion-exchange membrane caustic soda, viscose fiber, viscose yarn and other products. The products are widely used in more than 20 industries, such as textile, building materials, national defense, etc. besides supplying Xinjiang market, the products are also exported to the inland provinces and regions, and exported to Russia, Central Asia, South Asia, South America and Africa and other countries and regions, enjoying a high market reputation and reputation.

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