Lately, Fortune China has released the Fortune top 500 Chinese companies list for 2020. Four companies from Guangxi are on the list. Among them, Liuzhou Iron and Steel Co., Ltd. was ranked No. 212, and Guangxi Liugong Machinery Co., Ltd. was ranked No.466. It is reported that this year, the annual revenue threshold of the companies on the list is close to 17.8 billion yuan, an increase of nearly 10% compared with that of last year.

Among them, Liuzhou Iron and Steel Co., Ltd. is the largest joint steel production company in Guangxi, taking an absolutely dominant position in Guangxi’s steel market, and its leading products are also highly competitive in the surrounding areas. In 2019, the revenue of Liuzhou Iron and Steel Co., Ltd. exceeded 100 billion yuan for the first time and reached 101.363 billion yuan, becoming the first manufacturing company in Guangxi with revenue exceeding 100 billion yuan. Since 2010, Liuzhou Iron and Steel Co., Ltd. has been on the Fortune top 500 Chinese companies list for 11 years.