Kingfa Ranked No. 311 in Fortune China 500 in 2022

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

The 2022 Fortune China 500 List, compiled by Fortune (Chinese version) and CICC Fortune, analyzes the performance and achievements of the world's largest Chinese listed 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, the company achieved operating income of 40.199 billion yuan, a year-on-year increase of 14.65%, and continued to deepen high-quality development, among them: the sales volume of the modified plastics segment increased significantly, its product structure continued to be optimized, the market share of key accounts further increased, and the sales volume of finished products was 1.7453 million tons; the advanced materials segment has an increasingly prominent position in the industry, and the operating quality has steadily improved, the sales volume of finished products is 101,900 tons, a year-on-year increase of 29.32%; the construction of major projects in the green petrochemical sector is steadily advancing, and the scale competitiveness will be more obvious in the future; the production line of the medical and healthcare sector is optimized and upgraded, and the brand influence continues to expand.