September 12, 2023 China's top 500 private enterprises summit and help Shandong low-carbon green high-quality development conference held in Jinan, Shandong Province, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, Chairman of the All-China Federation of Industry and Commerce Gao Yunlong, Vice Minister of the United Front Work Department of the Central Committee of the All-China Federation of Industry and Commerce Party Secretary Xu Lejiang, Secretary of the Shandong Provincial Party Committee Lin Wu, Shandong Province, Zhou Naixiang, Governor of Shandong Province, the meeting released the latest list of the 2023 China's Top 500 Private Enterprises, Hengtong Group was elected to the China's Top 500 Private Enterprises ranked 50th (ten places higher than the 2022), and was elected to the Top 500 China's Manufacturing Private Enterprises ranked 34th.

According to the Top 500 Chinese Private Enterprises Report released at the meeting, 2023 China's Top 500 Private Enterprises latest list entry threshold of 27.578 billion yuan, 1.211 billion yuan higher than the previous year, 2023 China's Top 500 Private Enterprises in Manufacturing Industry entry threshold of 14.516 billion yuan, 1.944 billion yuan higher than the previous year, this year, private enterprises focus on new technologies, new business models, new modes, continued to increase investment in research and development, improve the conversion rate of scientific research results, deepen the cooperation between industry, academia and research, and accelerate the digital transformation, green and low-carbon development, which has improved the quality and level of enterprise development.

During the summit of China's Top 500 Private Enterprises hosted by the All-China Federation of Industry and Commerce and the People's Government of Shandong Province, four parallel special events were held, including Advanced Manufacturing Development, Private Enterprises Assisting Rural Revitalization, Private Enterprises Assisting New Ecology of Industry Integration, and Innovative Development of Chinese Specialty Chambers of Commerce. In the advanced manufacturing industry development forum, Hengtong Group and other four private enterprises made speeches, the All-China Federation of Industry and Commerce Vice Chairman An Lijia, the former President of the Chinese Academy of Engineering Zhou Ji academician and the Shandong Provincial Government, the provincial leaders of the Chinese People's Political Consultative Conference to attend and make speeches.