On September 10th, the '2020 China Top 500 Private Enterprises Summit' hosted by the All-China Federation of Industry and Commerce(ACFIC) was held in Beijing. During the summit, honor lists of 'Top 500 Chinese Private Enterprises in 2020' and 'Top 500 Chinese Private Enterprises in Manufacturing Industry' were announced. Kingfa Sci. & Tech. Co., Ltd. once again listed among the 'Top 500 Chinese Private Enterprises in 2020' and ranked No.317th, which jumped 21 places compared with last year. Kingfa also ranked 178th in the 'Top 500 Chinese Private Enterprises in Manufacturing Industry', which jumped 15 places compared with ranking of last year.
The list of 'Top 500 Chinese Private Enterprises in 2020' is based on surveys conducted by the All-China Federation of Industry and Commerce(ACFIC). Companies were listed according to the descending order of total operating income in 2019. In recent years, the number of large-scale enterprises who participate in this survey is increase consistently, and the threshold for company to be listed among the 'Top 500 Chinese Private Enterprises in 2020' has exceeded 20 billion yuan(equal to 3 billion USD).
In 2020, Kingfa proved its 'Corporate Social Sesponsibility' in the campaign of controling COVID-19. We are one of the fastest companies who entered the production of face mask, and supplied our qualified face masks to those places in urgent need. We implemented the most comprehensive and strict measures to protect the health and safety of our employees. We actively participate in the global joint fight against the epidemic. Kingfa and Shanghai Securities News jointly donated 100,000 pieces of medical masks to help the epidemic prevention and control work in Guizhou Province. Kingfa Europe subsidiary donated 10,000 pieces of medical protective masks to the City of Wiesbaden. Moreover, at the Guangzhou International Epidemic Prevention Materials Exhibition, Kingfa presented to the world the whole solution of medical protective materials, such as special polypropylene for melt blown fabric, melt blown non-woven fabric, showing the confidence and sincerity of the Chinese people and Chinese companies to help the global fight against the epidemic.