Mulinsen Lighting Honored as One of China’s Top 500 Private Enterprises in 2017!
Posted on August 30, 2017 Source: Sohu
Over the past few weeks, the prestigious list of China’s Top 500 Private Enterprises for 2017 was unveiled, showcasing some of the most remarkable companies in the country. Among them, Mulinsen Lighting made its mark by securing the 84th spot nationwide, with a revenue of 5.52 billion RMB in 2016. This achievement marks a significant leap forward for Mulinsen Lighting and serves as an important milestone in its journey.
According to the research report on the "Key Insights into China's Top 500 Private Enterprises in 2017," the top 500 private enterprises in 2016 exhibited several notable trends. These included a substantial rise in entry thresholds, rapid growth among super-large enterprises, improving profitability, increasing social contributions, optimization of industrial structures, accelerated globalization efforts, and a significant boost in total exports. These trends indicate a promising future for the private sector in China.
Mulinsen Lighting has consistently upheld its core values of "practicality, integrity, and innovation," striving to create value across industries, products, and society. It is this unwavering commitment and innovative spirit over the past eighteen years that has driven Mulinsen Lighting to steady progress and established it as a benchmark in the lighting industry.
This year’s inclusion on the list of China’s Top 500 Private Enterprises is a testament to the widespread recognition of Mulinsen Lighting’s steady growth and achievements over the years.
In recent months, Mulinsen Lighting has received numerous accolades. In 2016, it ranked fourth globally in LED packaging factory revenue, second in China for LED packaging revenue, and jumped to the 18th position in the global industrial semiconductor manufacturers list. Additionally, it earned the title of Guangdong Province Famous Brand Product.
It is worth noting that the threshold for entering the list of China’s Top 500 Private Enterprises in 2016 was set at 12.052 billion RMB, representing an increase of 1.877 billion RMB from the previous year. Total operating income reached 1,936,614 million RMB, marking a 19.84% increase from the prior year. Total assets amounted to 233,926.22 billion RMB, showing a 35.21% rise. The total post-tax net profit was 835.495 billion RMB, up 19.76% from the previous year, the highest growth rate since 2011.
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Tags: lighting, Mulinsen Lighting
As Mulinsen Lighting continues to grow and innovate, we can expect even greater milestones in the coming years. Stay tuned for more updates on this dynamic enterprise!
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