The 2017 Top 500 Private Enterprises in China release conference was held as scheduled on the morning of August 24. The meeting was chaired by Party Committee Deputy Secretary and Vice Chairman of ACFIC Fan Youshan. United Front Work Department Vice Minister, Party Committee Secretary of ACFIC, and Executive Vice Chairman Xu Lejiang released the lists of the 2017 Top 500 Private Enterprises in China, the 2017 Top 500 Private Manufacturing Enterprises in China, and the 2017 Top 100 Private Service Enterprises in China.

The Jiangsu Xinchao Technology Group Co., Ltd. was ranked 294th in the "2017 Top 500 Private Enterprises in China" and 169th in the "2017 Top 500 Private Manufacturing Enterprises in China" with a total revenue of RMB 19.28 billion.

It is reported that the entry threshold for the Top 500 Private Enterprises in China rebounded significantly this year, reaching a new high of RMB 12.053 billion, an increase of RMB 1.877 billion compared to the previous year.