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On August 22, the All China Federation of Industry and Commerce released the "2019 Top 500 Chinese Private Enterprises Report" in Xining, Qinghai. According to the ranking released in this report, it can be found that 10 cable companies are on the list, and Shanghai Shenghua Cable is also on the list. In addition, 8 cable companies are listed as the 2019 Top 500 Chinese Private Enterprise Manufacturing.

According to this report, the overall revenue of private enterprises in China has improved in 2018. The total revenue of 500 enterprises reached 28.5 trillion yuan, a year-on-year increase of 16.44%. In 2018, the total tax payment of the top 500 enterprises reached 1.31 trillion yuan, accounting for 8.38% of the total national tax payment. The tax payment of six enterprises exceeded 20 billion yuan.
Including Shenghua Cable, the top ten Chinese cable companies on the list reflect the overall vigorous development momentum of the Chinese cable industry. Shanghai Shenghua Cable's honor in the list also demonstrates Shanghai Shenghua's deep cultivation of industry, steady progress, and continuous innovation and development spirit and philosophy.
With the arrival of Industry 4.0, Shenghua Group has continuously developed and improved its technological competitiveness, achieved continuous growth, and achieved good results. In the future, it hopes to continuously move towards an international group, surpass itself, and shine for the Chinese cable industry.

As Henan Shenghua Cable, which shares the same roots and is closely related to Shanghai Shenghua Cable, we must also keep up with the development of the times and face a new round of technological and industrial upgrading and revolution. Henan Shenghua Cable actively strengthens its scientific and technological strength, develops new capabilities, cultivates new advantages, and continuously moves towards high-end industries, creating new brilliance in the cable industry together, and contributing to China's manufacturing industry.