Kingfa Technology Co., Ltd. Ranked No. 311 in Fortune China 500 in 2022

Latest News: On July 12, the 2022 Fortune China 500 list was released. Kingfa Technology Co., Ltd. ranks 311th on the list with an operating income of 40.199 billion yuan in 2021. This is the 13th consecutive year that Kingfa Technology has been listed on the Fortune China 500 list, demonstrating its strong R&D strength, developed marketing network, efficient supply system, and high-quality products and services.

The 2022 Fortune China 500 list, compiled by Fortune (Chinese version) in cooperation with CICC Fortune, considers the performance and achievements of the world’s largest listed Chinese companies in the past year. Compared with the previous year’s list, the revenue and net profit of the companies listed this year have increased significantly.

According to the 2021 annual report of Kingfa Science and Technology, the operating income of the whole group reached 40.199 billion yuan, a year-on-year increase
14.65%, continuing to deepen high-quality development. Among them: the sales volume of the modified plastics segment increased significantly, the product structure continued to be optimized, the share of major customers was further increased, and the sales volume of finished products was 174.53
10,000 tons; the new material segment has an increasingly prominent position in the industry, the quality of operations has steadily improved, and the sales volume of finished products is 101,900 tons, a year-on-year increase
29.32%; the construction of major projects in the green petrochemical sector is steadily advancing, and the scale of competitive advantage will be more obvious in the future; the production line of the medical and health sector is optimized and upgraded, and the brand influence continues to expand.