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3 Qingdao companies listed on Fortune China 500

2015/7/20 9:08:07   source:China Daily

  Qingdao-based Haier Co., Tsingtao Brewery and Hisense Electronic Co, made it on to the list of the 2015 Fortune China 500 companies, along with 17 other companies from Shandong. The new list for the year 2015 was announced on July 8.

  The list, based on companies' gross revenue and profits, ranked Haier, a leading electric appliance maker, at the top of 20 Shandong companies, while placing it in the 65th position in the Fortune China 500 list, with nearly 5 billion yuan revenue ($ 803.4 million), down four places from its position in 2014.

  Tsingtao Brewery Co and Hisense Electric Co were ranked 186th and 188th respectively.

  Among the other 17 Shandong companies are Weichai Power Co ranking 75th, Yanzhou Coal Mining Co at 92nd place and Shandong Iron and Steel Co ranking 120th. Xiwang Special Steel Co, at 489th is new to the list.

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