Congratulations To Youfa Steel Pipe Group For Being Ranked Among The “Top 500 Chinese Enterprises” For 16 Consecutive Years

On September 25th, the China Enterprise Confederation and China Entrepreneurs Association released the top 500 Chinese manufacturing companies for the 20th consecutive year, and the top 500 Chinese manufacturing companies and China's top 500 service industry enterprises for the 17th consecutive year, referring to internationally accepted practices and based on corporate operating income in 2020. Tianjin Youfa Steel Pipe Group Co., Ltd. (601686) ranks 406th among the top 500 Chinese enterprises and 193th among the top 500 Chinese manufacturing enterprises with an operating income of RMB 48.418.7 billion. This is the 16th consecutive year that Youfa Steel Pipe Group has been ranked in China Top 500 Enterprises and Top 500 Chinese Manufacturing Enterprises.

On the same day, the 2021 China's top 500 private enterprises summit was held in Changsha, Hunan. Gao Yunlong, vice chairman of the CPPCC National Committee and chairman of the all China Federation of industry and commerce, Xu Dazhe, Secretary of the Hunan provincial Party committee and director of the Standing Committee of the Hunan Provincial People's Congress, Xu Xiaolan, Vice Minister of industry and information technology, and other national, provincial and municipal leaders attended. Fan Youshan, deputy secretary of the Party group and vice chairman of the all China Federation of industry and commerce, read out the 2021 China's top 500 enterprises On the list of China's top 500 private manufacturing enterprises and China's top 500 private service enterprises, Tianjin Youfa Steel Pipe Group Co., Ltd. (601686) ranks 206 among China's top 500 private enterprises and 111 among China's top 500 private manufacturing enterprises with an operating revenue of 48.417 billion yuan.
 

Founded in 2000, Youfa Steel Pipe Group has achieved accelerated development through continuous strategic layout, technological innovation, product R & D and management upgrading. It was listed on the main board of Shanghai Stock Exchange on December 4, 2020.

In 2021, Youfa Steel Pipe Group entered the third decade of development. Youfa will keep forging ahead to achieve the grand goal of "moving from tens of millions of tons to hundreds of billions of yuan and becoming the first lion in the global management industry"; Make unremitting efforts to continuously promote the healthy development of China's welded steel pipe industry and realize the great Chinese dream of "manufacturing power"!