From September 27th to 28th, the “2020 China Top 500 Enterprises Summit Forum” hosted by China Enterprise Confederation and China Entrepreneurs Association was held in Zhengzhou. More than 1,200 people, including many entrepreneurs, famous experts and scholars, and mainstream media representatives from the top 500 domestic enterprises, attended the meeting and talked about the development of the company. Wang Zhongyu, President of the China Enterprise Confederation and China Entrepreneurs Association, gave a keynote report on the topic of “Facing Challenges as Striving to Create a New Prospect for the Development of Large Enterprises”.

BBMG ranks 180th among the top 500 Chinese companies in 2020 with outstanding performance, up 3 places year-on-year; ranked 74th among the top 500 Chinese manufacturing companies in 2020, up 4 places year-on-year; ranked among the 100 leading enterprises in China’s strategic emerging industries in 2020 Ranked 57th, up 7 places year-on-year, and all three rankings improved compared to 2019. In the face of a complex and severe external environment, BBMG’s main business competitiveness has been significantly enhanced, demonstrating the achievements of reform and innovation.

The theme of this summit forum is “Education of new machines: the development of large enterprises in change”. The participants also focused on the “High-quality Manufacturing Development Forum”, “Innovating new machines and opening new games, and speeding up the development of the electronic information industry.” The “Fourth Information Security Industry Development Forum” and “Construction of Harmonious Labor Relations in Enterprises under the New Development Pattern” and other topics were fully exchanged, and they jointly discussed the strategic thinking of cultivating new opportunities and opening new games in the changing situation. BBMG will take this opportunity to continue to promote the group’s higher quality, higher standards and more sustainable development, and strive to create a new situation for the group’s high-quality development.

The threshold for the top 500 Chinese companies in 2020 is 35.96 billion yuan in operating income. The shortlisted companies achieved a total revenue of 86.02 trillion yuan, an increase of 6.92 trillion yuan over the previous year, and a growth rate of 8.75%.