Nine Yantai enterprises enter Shandong top 100

Nine Yantai companies were included in the 2019 Shandong top 100 list, according to a recent report released by the Shandong Enterprise Confederation and Shandong Enterprise Directors Association. Luhua Group, Wanhua Chemical Co, Zhaojin Group and Nanshan Group all made the list.

The total revenue of the top 100 enterprises in Shandong province in 2019 was 5,720.52 billion yuan ($817.2 billion), an increase of 8.73 percent from 2018.

The total assets of the top 100 enterprises in Shandong were 577.92 billion yuan, an increase of 8.96 percent from 2018.

The report also showed that traditional companies in the field of manufacturing, chemical, metallurgy and textile still hold dominant positions.