Gongyuan Group Honored Again As Top 100 Chinese Light Industry Enterprises

On June 20th, the "Smart Light Industry" Summit sponsored by the China Light Industry Federation and the award ceremony for the top 100 Chinese light industry companies were held in Beijing. With strong corporate strength and excellent brand performance, Gongyuan Group has been listed as "China's Top 100 Light Industry Enterprises" (41st), "Top 10 Plastics Industry Enterprises in China" (2nd), and "China Plastic Pipe Industry Top 10 companies (2nd)" for six consecutive years.

The Award Ceremony of China's Top 100 Light Industry Enterprises is an important annual event of the China National Light Industry Council. It has extremely high authority and extensive influence. This year, the theme is “to promote the integration of the two industries and build smart and light industry”. The aim is to raise the level of integration of the light industry and lead the creation of “smart manufacturing, smart products, smart operations, and smart life” in the light industry.

It is understood that "China's Top 100 Light Industry Enterprises" is a model for the transformation and upgrading of China's light industry, and is the backbone of China's real economy. The list of China's top 100 light industries with the reputation of "China's Industrial Oscars" has been released since 2011. The company's annual operating income, total profit, profit margin, proportion of tax revenue, income from e-commerce, R&D investment, and operating income growth have been taken into account. Indicators focus on data, and strive to combine the characteristics of the Internet era to fully assess the company, requiring companies not only to achieve a balanced development, but also have a strong market vitality. The fact that the Gongyuan Group won this honor many times is an affirmation of the authorities' ability to fully operate the Gongyuan.

As an industry leader in the plastics pipeline industry, the Gongyuan Group has consistently adhered to scientific and technological innovations in recent years and has been actively undergoing transformation and upgrading. It has achieved fruitful results in the areas of smart factories, technology research and development, brand promotion, and integration of the two industries. A series of policies such as the Underground Pipeline Network and the Sponge City as an opportunity to undertake social responsibilities and serve the mass market have further demonstrated the company’s core competitiveness and industrial demonstration, and further enhanced the brand reputation and market share.

 It is reported that Haier, Midea and Gree ranked among the top three companies in the top 100, and Taizhou had three companies listed.

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