Congratulations to Lutong Group for being ranked 356th in the 2020 Top 500 Chinese Service Industry Enterprises
From September 27th to September 28th, 2020, the 2020 China Top 500 Enterprises Summit Forum was grandly held in Zhengzhou, Henan Province. More than 1000 guests, including Chinese Top 500 entrepreneurs, renowned experts and scholars, and representatives of mainstream media, gathered in the commercial capital to exchange ideas, gather wisdom, discuss cooperation, and seek common development. Mr. Yang Qiang, Chairman of Lutong Group, attended the summit as an outstanding representative at the invitation of the China Enterprise Federation and the China Entrepreneur Association.
This summit forum is hosted by the China Enterprise Federation and the China Entrepreneur Association, co organized by the People's Government of Henan Province, and hosted by the People's Government of Zhengzhou City and the Department of Industry and Information Technology of Henan Province. The theme is "Nurturing New Opportunities and Opening up a New Bureau: Development of Large Enterprises in Change". At the meeting, Wang Zhongyu, Executive Vice Chairman of the 10th National Committee of the Chinese People's Political Consultative Conference and President of the China Enterprise Federation, gave a keynote speech. Hao Peng, Secretary and Director of the State owned Assets Supervision and Administration Commission of the State Council, gave a speech. Yin Hong, Deputy Secretary and Governor of Henan Province, delivered a speech. Zhu Hongren, Executive Vice Chairman and Chairman of the China Enterprise Federation, presided over the meeting. Xu Liyi, member of the Standing Committee of the Henan Provincial Committee and Secretary of the Zhengzhou Municipal Committee, introduced Zhengzhou City.
The conference released a heavyweight list of the 2020 Top 500 Chinese Enterprises, and Lutong Group has been ranked 356th on the 2020 Top 500 Chinese Service Industry Enterprises list for five consecutive years. During this period, the China Enterprise Federation, the China Entrepreneur Association, and the Zhengzhou Municipal People's Government invited Mr. Yang Qiang, the Chairman, to participate in the China Top 500 Entrepreneurs Exchange Symposium, China Top 500 Entrepreneurs Symposium, and Dinner Party, to have in-depth exchanges and discussions with experts, scholars, and elites from all walks of life.
It is reported that the entry threshold for the 2020 Top 500 Chinese Enterprises is 35.70 billion yuan, an increase of 3.64 billion yuan from the previous year; The entry threshold for the top 500 manufacturing enterprises is 10.07 billion yuan, an increase of 1.21 billion yuan from the previous year; The entry threshold for the top 500 service industry enterprises is 5.49 billion yuan, an increase of 530 million yuan from the previous year; The 2020 Top 500 Chinese Enterprises achieved a revenue of 86.0 trillion yuan, an increase of 8.8% compared to the previous year.
After twelve years of hard work and entrepreneurship, Lutong Group has grown into a comprehensive industry and finance enterprise group that integrates infrastructure construction and operation, finance and insurance, technological innovation, new energy, and cultural tourism. Its inclusion in the Top 500 Chinese Service Enterprises is a high recognition of the brand influence and comprehensive strength of Lutong Group. Lutong Group will continue to fully leverage its strong industrial resource advantages and the leading effect of the top 500 brands, with the spirit of craftsmanship and innovation, to do a good job in the industry and strengthen the industry, promote the high-quality development of the group, and tirelessly strive for the national social and economic development and the great rejuvenation of the Chinese nation!
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