Many A-share listed companies in Zhongshan have released their annual reports for 2020 recently.

It is the first time Zhongshan has a company with an annual revenue of over 20 billion yuan. The operating revenue of Ming Yang Smart Energy reached 22.457 billion yuan, up 114.02% from the previous year, while the net profit attributable to the owner of the parent company was 1.374 billion yuan, up 92.84%. MLS ranked second in annual revenue with 17.381 billion yuan in total, down 8.39% from the same period last year.

In addition, 5 companies saw an annual revenue exceeding 5 billion yuan, namely Homa Appliances (8.34 billion yuan), C&S (7.824 billion yuan), Broad-Ocean Motor (7.776 billion yuan), Sanhe Pile (7.152 billion yuan), and Jonjee Hi-Tech (5.123 billion yuan).

Nine companies achieved growth in both operating revenue and net profit attributable to shareholders of listed companies in 2020, including Sanhe Pile, Jianglong Shipbuilding, C&S, Senssun Share, Pianor, Transtek Medical, Hoshion, Ming Yang Smart Energy, and Chant Group.

This year Sanhe Pile boasted an annual operating revenue of 7.152 billion yuan, an increase of 17.44%, and a net profit attributable to shareholders of 331 million yuan, up 114.58% year-on-year.