Four Jinjiang Listed In Fortune 500 In 2020

On July 27, fortune chinese.com released the "2020 Fortune top 500 list". Anta Sports Goods Co., Ltd., Baolong real estate Holding Co., Ltd., Heng'an International Group Co., Ltd. and Tianhong Textile Group Co., Ltd. were listed in the list, ranking 289, 355, 414 and 420 respectively. From the list, the overall revenue growth of Jinjiang enterprises is obvious, the same as that of other companies Most enterprises have been ranked higher.

Anta Group ranked 62 places higher than last year, ranking 289, becoming the only Chinese sports brand on the list. It is reported that Anta Group's annual income in 2019 will rise 40.8% year-on-year to 33.93 billion yuan, maintaining double-digit growth for six consecutive years. In recent years, Anta Group has deepened the development strategy of "single focus, multi brand and omni channel", accelerated the process of globalization, and created the mode of "three major brand groups" and "three sharing platforms". The brand power, commodity power and retail power of its multi brands have been improved, effectively attracting young consumers and bringing about sustained and rapid growth.

Baolong real estate's ranking rose from 424 last year to 355 this year, with a total revenue of 26.04 billion yuan in 2019, a year-on-year increase of 32.9%, and a gross profit margin of 36.4%, ranking the leading level in the industry. Baolong will achieve a contract sales amount of 60.35 billion in 2019, an increase of nearly 50%, and a new record. In 2019, the stock price of Baolong real estate (HK. 1238) rose by 68.83% in the whole year, and the stock market value increased by 75.02% in the whole year, which won the honor of "the most valuable real estate stock" awarded by the "fourth golden Hong Kong stock".

Hengan Group ranked 414th, down 8 places compared with the previous year. In 2019, the performance of Hengan Group will reach 22.492 billion, with a year-on-year growth of 9.6%; the net profit will be 3.907 billion, with a year-on-year growth of 2.8%. In 2019, Heng'an group will continue to optimize the business model of "small platform team" (i.e. amoeba with Heng'an characteristics), formulate sales strategies more suitable for regional markets and adjust product mix, so as to improve sales and operation efficiency. This year, Heng'an has joined hands with Alibaba to build a digital intelligence marketing center to enhance its precision sales ability, so as to enhance its product penetration and market share.

Tianhong textile ranked 420 this time, 14 more than last year. In 2019, its revenue will reach 22.003 billion yuan, with a year-on-year increase of 14.9%. Tianhong textile is one of the largest core spun cotton textile suppliers in the world, specializing in the manufacture and sales of high value-added fashion cotton textiles. In recent years, Tianhong textile adheres to the development direction of internationalization and vertical integration of the industrial chain, builds yarn production bases outside China, directly faces overseas markets, and continues to build fabric production bases of textile dyeing in Vietnam and Nicaragua. After rapid expansion in 2018 and 2019, Tianhong textile's capacity scale has reached another level.

It is reported that the Chinese version of the list of Listed Companies in the world has been compiled by the Ministry of wealth management in the past year. The total operating revenue of the 500 listed Chinese companies this year reached 50.5 trillion yuan, an increase of 11% over last year, and the total revenue exceeded half of China's GDP in 2019; the net profit reached 4.2 trillion yuan, an increase of more than 16% compared with last year.