Friday, 22 July 2011

According to China-based Sina news website, Fortune (China) public the China's Top 500 listed Companies List 2011 on July 13. Shanxi Province-based China's Shanxi Taigang Stainless Steel Co. list 32, raking RMB8.7198 billion ($1.35 billion) in net profit.

Among all the steel companies of the list, Shanxi Taigang Stainless Steel Co listed 4. Bao Iron and Steel Co. (Baosteel) capture the first spot, followed by Hebei Iron and Steel Co. and Anshan Iron and Steel Co.

The assistant managing editor of Fortune (China), Zhou Zhanhong, stated that this list only included listed companies. Therefore, some unlisted companies like State Grid Corporation of China, have been one of the Top 500 Global Companies, but could not make it to Top 500 listed Companies this list.