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Ninestar is one of the Fortune 500 companies in China
Ninestar is on the list of successful candidates.
Fortune has just released its 2022 Fortune China 500 list, which measures the performance and achievements of China's largest listed companies worldwide over the past year. The list is compiled by Fortune China in partnership with CICC.
In the list, Ninestar ranked 498th, with a revenue increase of 3.206 billion yuan from the previous year.
The total revenue of the 500 listed Chinese companies reached 62 trillion yuan this year, an increase of about 17.4 percent compared with last year's list. Net profit reached 4.7 trillion yuan, up about 9.2% from the previous year. Compared with last year's list, the companies on this year's list have seen significant increases in both revenue and net profit. The annual revenue threshold for companies on this year's list is nearly 22.8 billion yuan, up 31% from nearly 17.4 billion yuan last year. Last year, China's GDP exceeded 110 trillion yuan, and the combined revenue of the 500 listed companies on this year's list reached 62 trillion yuan, more than half of China's GDP that year.
With the pandemic still ongoing and our mission still intact, Nastar will continue to make persistent efforts to fight the pandemic while continuing to increase our strength and achieve further achievements in the second half of 2022.
