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First company with market value over 100 bn yuan in Zhongshan
Updated: 2021-04-28    Source: Zhongshan Daily Large Medium Small Print

Zhongshan Huali Industrial Group Co Ltd was quoted on the Growth Enterprise Market of the Shenzhen Stock Exchange on April 26. As of 15:00 on April 27, Huali Industrial Group's aggregate market value reached 116.7 billion yuan, making it the first company in Zhongshan with a market value exceeding 100 billion yuan.

Huali Industrial Group was established in 2004, registered in Zhongshan's Torch Development Zone. It is engaged in the development, design, production and sales of athletic shoes. The company is the world's leading professional athletic shoes manufacturer, who has 43 subsidiaries as the end of 2020.

In 2020, Huali Industrial Group recorded an operating income of 13.931 billion yuan, with a net profit of 1.878 billion yuan.

At present, there are 23 A-share listed companies in Zhongshan. In addition, Zhongrong Printing Group Co Ltd has submitted an application for being listed on the Growth Enterprise Market, which has been accepted by the Shenzhen Stock Exchange. There are another 5 enterprises that have received pre-listing tutoring from the Guangdong Regulatory Bureau of the China Securities Regulatory Commission.

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