On August 24, 2017, the “2017 China’s Top 500 Private Enterprises Announcement Conference and Private Economy Development Summit” was held in Jinan, Shandong. Hosted by the All-China Federation of Industry and Commerce (ACFIC) and the Shandong Provincial Government, the event gathered top business and political leaders, including Wang Qinmin (Vice Chairman of the CPPCC National Committee & Chairman of ACFIC) and Gong Zheng (Governor of Shandong Province), to discuss the role of private enterprises in economic development.
📊 Yabang Group’s Impressive Ranking
- Ranked 96th in the “Top 500 Private Enterprises in China 2017” with an annual revenue of 47.366 billion RMB
- Ranked 50th in the “Top 100 Private Manufacturing Enterprises in China 2017”
💡 A Key Indicator of Private Sector Growth
This ranking is part of an annual report published by the ACFIC since 2010, serving as a crucial benchmark for evaluating the strength and impact of private enterprises in China. With the entry threshold reaching 12.052 billion RMB, Yabang Group’s ranking demonstrates its rapid growth, strong financial standing, and industry leadership.

🏆 Driving Economic Development & Innovation
Yabang Group remains committed to advancing industrial innovation, fostering sustainable growth, and strengthening its market position in sectors such as:
✔ Pharmaceuticals
✔ Logistics
✔ Manufacturing
✔ Real Estate
✔ Mining & Resources
This achievement underscores Yabang Group’s strategic vision and its role as a key player in China’s thriving private economy. 🚀

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