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YUTO Tech Ranked No. 178 of Guangdong Top 500 Enterprises in 2017

2017.08.04

August 3, Guangdong Province Enterprise Confederation, Guangdong Province Entrepreneurs Association released the list of Guangdong Top 500 Enterprises in 2017, Yutong technology ranked No. 178, and ranked first in the shortlisted five printing and packaging manufacturing enterprises, is also the only one of printing and packaging manufacturing enterprises into the top 200.

In 2017, Guangdong's Top 500 enterprises mainly concentrated in the Pearl River Delta region, accounting for 91%, of which Shenzhen is first with 195 enterprises, Guangzhou ranked second with 167 enterprises. From the data, the size and strength of large enterprises continued to improve, the top 500 enterprises operating income totaled 9007.7 billion yuan, an increase of 13.16% over the previous year, net profit totaled 658.7 billion yuan, an increase of 15.62%, assets totaled 30254.2 billion yuan, an increase of 19.16%.

Faced with the pressures of increasingly complex economic situation and China's printing industry continued downward, the developing momentum of YUTO Tech and other large and medium-sized backbone enterprises in Guangdong is still strong. Through new business development and technological innovation, YUTO Tech maintains an annual business growth rate of about 30% in recent years to in the printing and packaging industry to play a leading role, and gives a strong impetus to the transformation and upgrading of the industry.


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