Heung Kong Group Ranked the 29th in the 2018 Top 100 Private Enterprises in Guangdong

On November 20, Guangdong Federation of Industry & Commerce published the list of 2018 Top 100 Private Enterprises in Guangdong, and Heung Kong Group ranked the 29th in the list. The ranking was prepared basically according to revenues in 2017 and in reference of their annual accounting statements, and was audited by appropriate agencies before its publication. Huawei Investment & Holding is at the top of the list, and Amer International Group and Evergrande Group took the 2nd and 3rd places respectively.

According to sources, among the 2018 Top 100 Private Enterprises in Guangdong, in 2017, 9 enterprises recorded operating revenues of over RMB 100 billion, and 86 enterprises recorded operating revenues of over RMB 10 billion, and there are other 60, 47 and 20 enterprises that are one of the 2018 Top 500 Chinese Private Enterprises, the 2018 Top 500 Chinese Private Enterprises - Manufacturing and the 2018 Top 100 Chinese Private Enterprises - Service Sector.