Tongwei receives honor for business revenue 2010
2011-07-26

July, 23, Tongwei received the provincial government award of the 2010 Sichuan Enterprises with operating revenue exceeding ¥5 billion RMB with other 22 Sichuan companies.

According to incomplete statistics, the 100 enterprises which are included as scaled enterprises and groups by the province generated a total sales revenue of ¥1.1474 trillion RMB this year, a rise of 141.9% from ¥474.3 billion RMB in 2006. The average growth rate has reached 24.7% for 4 years, with total profits arriving at ¥66.2 billion RMB in 2010 from ¥20.4 billion RMB in 2006. The average growth rate reaches 21.4%.

With its healthy and fast development, Tongwei Group has built a formidable business that tallied ¥30.6 billion RMB in sales in 2010. To fulfill its grand vision of “Enhancing Life Quality of Mankind by Creating a World-class Brand of Aquatic Products”, Tongwei perseveres in feed and aquaculture core business development, as well as its industrial chain build-up on its way to the world-class safe food supplier. Meanwhile, Tongwei strives to strengthen its competitiveness through huge investment in polycrystalline silicon and solar PV industry. It aims to become the world’s largest polycrystalline silicon manufacturer and the world’s largest clean energy enterprise. With this, Tongwei Group’s sales revenue will reach ¥50 to 80 billion RMB in 3 to 5 years.