The All-China Federation of Industry and Commerce (ACFIC) released its "2019 Top 500 Private Enterprises in China", "2019 Top 500 Private Manufacturing Enterprises in China", and "Top 100 Private Service Enterprises in China" lists in Xining, Qinghai Province, on the morning of August 22. The Jiangsu Xinchao Technology Group was ranked 355th on the list of the Top 500 Private Enterprises in China.

The highly anticipated "2019 Top 500 Private Enterprises in China" list shows the entry threshold for this year to have reached a new high. This year, the entry threshold for the Top 500 Private Enterprises in China reached RMB 18.586 billion.

Xinchao Technology Group

Among the Top 500 Private Enterprises in China for this year, 83 companies listed are from Jiangsu, including 13 from Jiangyin. The Jiangsu Xinchao Technology Group Co., Ltd. made the list with a total revenue of RMB 24 billion, ranking 10th in the Jiangyin region.