Group Dynamics

Jindong Group: One of Top 500 Chinese Private Enterprises for 5 Years

2018-08-30

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On August 29, All-China Federation of Industry and Commerce released the list of Top 500 Chinese Civil Enterprises in 2018. Jindong Group (former name: VATS Group) was put on the list by RMB 20.5 billion, ranked No. 364. It has been the 5th year it is on the list since it was first listed as one of top 500 Chinese private enterprises in 2013. 


In 2017, Jindong Group had a good development wholly. Its revenue was increased by 15% in comparison with 2017. The Group’s key project “One Jar of Good Liquor” went on smoothly, and it has become a famous liquor and pronoun with “good quality and favorable price”; in the liquor sector, product quality was improved stably and multiple enterprises developed rapidly, especially Guizhou Zhenjiu was put into fast track of development, and creation of super single product has become its avenue to success. Jindong had a good overall effectiveness, especially it reinforces cultural and travel investment and has created Liling porcelain project, and has participated in directional add-issuance of listed company, etc.  


The list of 500 Top Chinese Private Enterprises was based on large-scale private enterprise investigation by All-China Federation of Industry and Commerce, and the top 500 enterprises were ranked according to the descending order of total revenue. Since 2010, All-China Federation of Industry and Commerce held release of Top 500 Top Chinese Private Enterprises annually, and released 500 Top Chinese Private Enterprises, 500 Top Chinese Private Enterprises in Manufacturing Sector, List of 100 Top Chinese Private Enterprises in Service Sector and the Report on Investigation Analysis on Top 500 Chinese Private Enterprises.