Corporate News Property News

2021.11.01

Recognized for Its Corporate Strength, Times China Is Listed Among "China's Top 500 Private Enterprises" for a Second Year

On November 1, 2021, the launch ceremony of 2021 Guangzhou Private Economy Service Conference and "Private Enterprise Service Week" co-sponsored by the United Front Work Department of CPC Guangzhou Municipal Committee, the Bureau of Industry and Information Technology of Guangzhou Municipality and Guangzhou Federation of Industry and Commerce was held in Dong Fang Hotel. During the conference, Guangzhou Federation of Industry and Commerce presented awards to Guangzhou enterprises listed among "China's Top 500 Private Enterprises in 2021".

The strength of Times China was highly recognized and demonstrated

On September 25, the All-China Federation of Industry and Commerce released the List of China's Top 500 Private Enterprises in 2021 and the List of China's Top 100 Private Service Enterprises in 2021. By virtue of its tremendous strength and excellent results, Times China was ranked No. 271 among "China's Top 500 Private Enterprises" and No. 85 among "Top 100 Private Enterprises in the Service Industry" this year, meaning that the company is listed among "China's Top 500 Private Enterprises" for two years in succession.

▲ Medal for "China's Top 500 Private Enterprises"

▲Medal for "China's Top 100 Private Service Enterprises"

The All-China Federation of Industry and Commerce has published the list of "China's Top 500 Private Enterprises" each year since 2010. Based on its investigation of China's private enterprises above a designated size, the All-China Federation of Industry and Commerce selects the top 500 ranks them in descending order by total annual revenue. The list, known as "China's Top 500 Private Enterprises," is widely considered the most authoritative ranking in China's private-economy sector.

According to the list, the threshold for "Top 500 Private Enterprises" was raised to RMB 23,501 million, increasing by RMB 3,297 million over the previous year. Moreover, the threshold for being listed among "Top 100 Private Enterprises in the Service Industry" reached RMB 32,276 million for an increase of RMB 3,325 million as compared to the previous year. Thus, the honor of being selected again is testament to Times China's remarkable corporate development.

▲ Li Yangchun (deputy minister of the United Front Work Department of the CPC Guangdong Provincial Committee) and Lei Biao, deputy minister of the United Front Work Department of the CPC Guangdong Provincial Committee and Secretary of the Party Leadership Group of Guangdong Federation of Industry and Commerce, presented honors to the enterprises.

Times China has, since its incorporation in 1999, developed into a leading provider of urban-development services in China that operates mainly in residential project development, urban renewal, industrial operation, commercial operation, community services, furniture and furnishing, future education and other business sectors.

The 2021 (11th) China Valuable Real Estate Annual Conference sponsored by the National Business Daily (a mainstream financial omni-media platform), which was held on October 26, saw Times China win the honor of "Valuable Listed Real Estate Company of the Year". The company ranked no. 28 on the list of "China's Top 100 Brand-Value Real Estate Enterprises in 2021".

▲ Times China won the honor of "Valuable Listed Real Estate Company of the Year"

Thus, Times China will continue to pursue high-quality growth in consideration of social benefits while seeking its development. It will fully engage its social responsibility and put forth a constant effort to help more people live a life they are longing for.

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