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Kaifa Ranked 12 in “2015 Annual Shenzhen Top 100 Industrial Enterprises”

Release Time:2016-06-30

Recently, Economy, Trade and Information Commission of Shenzhen Municipality and Shenzhen Bureau of Statistics have released “2015 Annual Shenzhen Top 100 Industrial Enterprises” list, Kaifa ranked 12 that mainly according to indexes like prime operating revenue, total profits and industrial value added. Top 100 Industrial Enterprises play an important role in pushing Shenzhen industrial economy development. In 2015, facing sustainably increasing downward pressure of macroeconomics and stronger competition in the industry, Kaifa took the initiative to adapt to China"s "new normal" and took measures for keep growing. Due to export growth slowdown and market needs slump, Kaifa continued driving vertical integration in the chain and transformation towards both ends of value chain in a way of mergers and reorganization as well as optimizing business portfolio. Finally, 2015 annual total profits of Kaifa rose by 3.01% over the same period.