OREANDA-NEWS. September 13, 2011. Xinxing Pipes Group, who has the sales of 53.86 billion Yuan, improved her ranking from 164 to 110 in The “Top 500 China Enterprises, 2010”, which was released at Hefei city, Anhui Province, reported the press-centre of Xinxing Pipes Group.

In 2010, for the sales, the baseline of “Top 500” raised up to 11.08 billion Yuan from 10.54 billion Yuan. The average of operating profit becomes 55.25 billion Yuan. The total assets reached at 91300 billion Yuan.

The average assets is 183.31 billion Yuan, which increased 22.02% compared with last year. The average owner’s equity standing for the investments return is up to 32.12 billion Yuan, which increased 16.89%, compared with last year. China Petrochemical Corp. Group, who has the sales of 1390 billion Yuan, ranks the first place.