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Shanghai Pharma Ranks 18th among the Top 100 Enterprises of Shanghai 2015 and 8th among the Top 50 Manufacturing Enterprises of Shanghai

    On September 15, the “2015 Top 100 Shanghai Enterprises List Release Conference” co-hosted by Shanghai Association of Undertakings, Shanghai Entrepreneur Society and Shanghai Federation of Economic Organization was held in Shanghai. Shanghai Pharma ranked 18th among the Top 100 Enterprises of Shanghai 2015 and 8th among the Top 50 Manufacturing Enterprises of Shanghai.

    Before the conference, Hu Fengxiang, executive director of Shanghai Pharma, attended a seminar on innovation and transformation, which was attended by Zhou Bo, vice mayor of Shanghai and other leaders as well as heads of part of the top 100 enterprises.

    At the conference, Hu Maoyuan, president of Shanghai Association of Undertakings and Shanghai Entrepreneur Society, pointed out that in the context of sluggish development of the global economy and emerging downward pressure of the Chinese economy in 2014, the top 10 enterprises actively dealt with these challenges and accelerated transformation, leading to steady improvement of the overall quality and efficiency of enterprise operation. In addition, these enterprises continued to play a leading role in the economic innovation and transformation in Shanghai, becoming the “pacesetters” of the enterprises in Shanghai. In 2014, the total operating revenue of the top 10 Shanghai enterprises reached RMB 4.72 trillion, a year-on-year growth of 9.65%; the net profit hit RMB 268.9 billion, basically flat from a year earlier; the total assets reached RMB 17.83 trillion, a year-on-year growth of 13.27%; and the net assets reached RMB 3.18 trillion, a year-on-year growth of 13.98%.

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