Group News-HBIS Group-Being The Most Competitive Steel Enterprise

HBIS Ranks No.55 In 2019 Top 500 Chinese Enterprises

September 1, the Chinese Enterprise Confederation and China Enterprise Directors Association(CEC & CEDA) officially released the lists of 2019 Top 500 Chinese Enterprises, Top 500 Chinese Manufacturing Enterprises and Top 100 Chinese Multinational Enterprises, in its Top 500 Chinese Enterprises Summit. With its 336.8billion Yuan revenue and 69billion Yuan overseas assets, HBIS enters all three list, ranking 55, 17 and 32. In the Top 100 Chinese Multinational list, with the 69billion Yuan overseas asset, 101.7billion yuan overseas revenue and the 18.9% multinational index, HBIS once again, becomes the most globalized steel enterprise in Chinese steel industry.    

With Xi Jinping’s thought on Socialism with Chinese Characteristics for a New Era and the spirits of the 19th Natinal Congress of CCP, HBIS firmly masters opportunities of the supply side reform, the Belt & Road Initiative and highly quality development. The company holds on to the development concept and has the confidence to the path. With reform and innovation, the company optimizes the two structures and strengthen the upgrade of its steel business and the development of new strategic industries and its development in the globe, becoming the most competitive steel enterprise. In 2018, the overall revenue made a record high and the company received a highly competitive A+ rating again. 11 years in a row, HBIS owns its position in World’s Top 500 Enterprises list, ranking 214 in 2019, 25 higher than the previous year.    

Focusing on market and products, HBIS works hard on the optimizations of two structures, strengthening its efforts in high end of the industry. Its technological innovation is leading the company and making preparations to new strategic industries. With its optimized structures, HBIS is becoming a leader, instead being a follower.

HBIS is in the Belt & Road Initiative with enthusiasm,  speeding up its global development in the process and strengthening its advantages. With its enhanced competitiveness and famous brands, HBIS has become the most globalized Steel enterprise in China. HBIS is making its Serbian project an iconic project in the China-Mid/East Euorpean Country production Cooperation and Belt & Road Initiative, receiving prasies from the CCP and the country’s leaders. The HBIS Serbian executive management team has received the Honorable“Model of Era”Title from the CCP Publicity Department.