On September 25, the All-China Federation of Industry and Commerce (ACFIC) released two lists of China's top 500 private enterprises and China's top 500 manufacturing private enterprises, providing important reference indicators for measuring the comprehensive strength of China's private enterprises. 

Kingfa Technology has once again ranked 297th among Chinese private enterprises and 171th among Chinese private enterprises in manufacturing this year, and the rankings have risen by 20 and 7 respectively.

The "gold content" of this year's top 500 list continues to increase. From the perspective of operating income, the top 500 private enterprises have a threshold of 23.501 billion yuan, an increase of 3.297 billion yuan over the previous year; the top 500 manufacturing private enterprises have a threshold of 10.051 billion yuan. An increase of 1.133 billion yuan over the previous year. This year's list of China's top 500 private enterprises shows that the overall scale of the companies on the list has continued to grow, profit levels have increased significantly, social contributions have continued to increase, industrial structure has continued to be adjusted, technological innovation capabilities and brand building have continued to increase.

In the past year, Kingfa Technology has extended its business to medical and health products, and the product quality has met the high standards of China, Europe and the United States. Focusing on polymer materials, we has gradually realized the upgrade from modified plastics to multiple varieties of new chemical materials, and the product structure has continued to expand toward the high-end industry and high value-added directions. Once again won the two top 500 lists, demonstrating the vigor and toughness of Kingfa Technology.