No.4 among the Top 100 Enterprises in Nanjing

On December 2, Nanjing Enterprise Confederation and Nanjing Enterprise Directors Association officially released the list of Top 100 Enterprises in Nanjing, Nanjing Top 100 Service Enterprises and Nanjing Top 50 Growing Enterprises in 2021. SUMEC Group Corporation (SUMEC) was ranked No. 4 among the Top 100 Enterprises in Nanjing and No. 3 among Nanjing Top 100 Service Enterprises.

The company leader Zhao Weilin attended the news conference during which the Top 100 Enterprises list was released. In 2020, despite the severe impact of Covid-19 pandemic and the tough domestic and international environment, the overall development of Nanjing's economic scale and Top 100 Enterprises continued to improve, with the Top 100 Enterprises' business revenue reaching 2,501.7 billion yuan, up by 81.767 billion yuan or 3.38% over the previous year. SUMEC was included in the list for the second year in a row, moving up by 2 places in the comprehensive ranking and 1 place in the service industry ranking compared to the previous year, fully demonstrating SUMEC’s comprehensive strength of steady development and continuous surmounting.

As a core member of SINOMACH, a "Fortune 500" company, SUMEC is firmly committed to being an explorer and practitioner of the double-cycle development strategy, playing a strong role in the joint fleet, cultivating foreign markets and exploring domestic markets, as well as forging core competencies in industrial manufacturing, technological innovation and independent branding. We will continue to promote high-quality sustainable development by establishing a new pattern of coordinated development of supply chain and industrial chain. In 2020, the company achieved an annual revenue of RMB 98.59 billion, a net profit attributable to the mother company of RMB 546 million, and a total import and export volume of $8.819 billion, making positive contributions to the development of Nanjing's export-oriented economy. With supply chain and industrial chain segments going hand in hand, the company now boasts 40 wholly-owned industrial factories at home and abroad, a number of national and local level research centers, and over 20,000 employees.

Looking into the future, SUMEC will take a strategic positioning of "building a digitally driven international industrial chain and supply chain, and becoming a double-cycle benchmark enterprise with domestic and international mutual promotion", focused on developing the main businesses of supply chain operation, large consumption and advanced manufacturing, ecological environment protection and clean energy. We will continue to promote a professional operation, diversified development and ecological win-win situation to create greater value for customers, shareholders and the society, thus achieving high-quality and sustainable development in the 14th Five-Year Plan.