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STSS ranks 66th among TOP 500 Chinese Enterprises and tops the Shanxi list
By null UpDate
2015-09-10
Chinese vision Fortune magazine issued Top 500 list of Chinese enterprises in 2015 recently. Shanxi Taigang Stainless Steel Co., Ltd. (STSS) ranks 66th by its revenue of 86.7664 billion RMB. It is the 5th one among 31 steel makers, meanwhile, the 1st among 10 Shanxi enterprises who are listed in the Top 500.
The Top 500 Chinese Enterprises List published by Fortune China covers all Chinese companies publicly listed home or abroad and the rank is based on data released by stock exchanges. Fortune China, the only magazine authorized by Times Company to operate under the name of “fortune”, releases to the world annually Top 500 Worldwide Companies and Top 500 Chinese Companies, based on the revenues of publicly listed companies.
Besides STSS, the other 6 steel makers who rank before 100th in the list are Baoshan Iron and Steel Company Limited (26th), Wuhan Iron and Steel Company Limited (56th), Hebei Iron and Steel Company Limited (57th), Hongxing Iron and Steel Company Limited (58th) of JISCO, AnSteel Company Limited (75th) and Xinxing Ductile Iron Pipes Co., Ltd. (99th).
The other Shanxi companies who are covered in the list include Shanxi Coal International Energy Group Co., Ltd. (93rd), Daqin Railway Co., Ltd. (117th), Xishan Coal Electricity Co., Ltd. (219th), Yangquan Coal Industry (Group) Co., Ltd., Yangmei Chemical Co., Ltd. (256th), Shanxi Luan Energy Development Co., Ltd. (305th), Shanxi Zhangze Power Co., Ltd. (405th), Taiyuan Heavy Industry Co., Ltd. (478th) and Datong Coal Industry Co., Ltd. (486th).