On September 25th, the China Enterprise Confederation and China Entrepreneurs Association released the top 500 Chinese manufacturing companies for the 20th consecutive year and the top 500 Chinese manufacturing companies for the 17th consecutive year, referring to internationally accepted practices and based on corporate operating income in 2020,and top 500 China service industry enterprises. Tianjin Youfa Steel Pipe Group Co., Ltd. (601686) ranks 406th among the top 500 Chinese enterprises and 193th among the top 500 Chinese manufacturing enterprises with an operating income of RMB 48.418.7 billion. This is the 16th consecutive year that Youfa Steel Pipe Group has been ranked in China. Top 500 Enterprises and Top 500 Chinese Manufacturing Enterprises.
On the same day, the 2021 China Top 500 Private Enterprises Summit was held in Changsha, Hunan.Gao Yunlong who is the Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the All-China Federation of Industry and Commerce,Xu Dazhe who is the Secretary of the Hunan Provincial Party Committee and Director of the Standing Committee of the Provincial People’s Congress,Xu Xiaolan who is the Vice Minister of the Ministry of Industry and Information Technology, etc.Fan Youshan, Deputy Secretary and Vice Chairman of the All-China Federation of Industry and Commerce announcing the 2021 China Top 500 Enterprises, Top 500 China Manufacturing Private Enterprises, Top 500 China Private Enterprises in the Service Industry,Tianjin Youfa Steel Pipe Group Co., Ltd. (601686) ranks 206th among the top 500 Chinese private enterprises and 111th among the top 500 Chinese private enterprises with operating income of RMB 48.418.7 billion.