Infore Group Named Among Foshan’s Top 100 Enterprises in 2023

Released time:2023-09-27Pageviews:21143

On September 27, the Foshan Enterprise Confederation, Foshan Entrepreneurs Association and Foshan General Chamber of Commerce jointly released the 2023 Survey Report on the Development of Key Enterprises in Foshan. Infore Group appeared on all three of its Top 100 lists:

No. 29 among Foshan’s Top 100 Enterprises

No. 20 among Foshan’s Top 100 Private Enterprises

No. 14 among Foshan’s Top 100 Manufacturing Enterprises

The report shows continued growth among Foshan’s Top 100 enterprises, with the revenue threshold for inclusion rising over successive years. For the 2023 list, the threshold was RMB 3.893 billion. The rankings were based primarily on companies’ 2022 revenue and annual financial statements, with the results reviewed by the relevant authorities.

Across the three lists, 152 distinct companies were included, 43 of which appeared on all three. Their combined revenue exceeded RMB 2 trillion. Of the companies on the overall Top 100 list, 82 were privately owned, generating RMB 1.765625 trillion in combined revenue. The report stated that this represented 79.4% of the relevant total, highlighting the importance of private enterprise to Foshan’s economy.