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Which Chinese foreign trade company has the highest loss rate?

By.Johns 2024-08-04 13:00:17 Share on facebook Share on Google Share on Instagram Share on Pinterest Share on Twitter Share on Tumblr Share on WhatsApp Share on Telegram Share on Reddit Visit our Instagram

Introduction Which Chinese foreign trade company has the highest loss rate? The company is part of China Datang Group, one of the five largest power generation groups. In 2016, the company lost 26

Which Chinese foreign trade company has the highest loss rate?

Datang produces electricity. The company is part of China Datang Group, one of the five largest power generation groups. In 2016, the company suffered a loss of 2.623 billion yuan, ranking tenth among listed companies.

Xiamen Engineering Co., Ltd. Founded in 1951, the company is a large-scale enterprise specializing in the manufacturing of engineering machinery products (excavators, etc.). Its headquarters is in Xiamen, Fujian. In 2016, the company suffered a loss of 2.69 billion yuan, ranking ninth among listed companies.

*ST Ruidian. Sinovel Wind Power was established in 2006. Its main business includes the development and design of wind power generation equipment. In recent years, as the wind energy market has collapsed, the company has fallen on hard times. In 2016, Sinovel Wind Power suffered a loss of 3.099 billion, ranking eighth among companieslisted companies.

Yuntianhua. Founded in 1997, the company is affiliated with Yuntianhua Group and is headquartered in Zhaotong City, Yunnan Province. It is the world's best manufacturer of acetal copolymer and the world's best manufacturer of fiberglass. In 2016, Yuntianhua lost 3.359 billion, ranking seventh among listed companies.

*ST Heavy steel. The company's predecessor was Hanyang Iron Works, founded by Zhang Zhidong, governor of Huguang in 1890. The company currently has total assets of 75 billion yuan and a steel production capacity of 8, 3 million tonnes. However, in 2016, Chongqing Iron and Steel suffered a loss of 4.686 billion, ranking sixth among listed companies.

*ST first level. The company's predecessor was First Heavy Machinery Factory, founded in 1954 and fully listed in 2010. China First Heavy Industry Co., Ltd. has its head office inQiqihar City, Heilongjiang Province. In 2016, China First Heavy Industries lost 5.734 billion yuan, ranking fifth among listed companies.

*ST titanium vanadium. The company was founded in 1993 and developed from Pangang Group Plate Co., Ltd., a subsidiary of Pangang Group. It is the world's largest manufacturer of vanadium products. Its shares were listed on the Shenzhen Stock Exchange on November 15, 1996. In 2016, the company suffered a loss of 5.988 billion, ranking fourth among listed companies.

COSCO Shipping Holdings. The company's predecessor was the famous loss-making company China COSCO, whose main business was container shipping and terminals. China COSCO changed its name to COSCO SHIPPING Holdings in 2016. In 2016, COSCO SHIPPING Holdings suffered a loss of 9.906 billion. It remains unclear whether COSCO Shipping Holdings will be able to recover its losses after thea merger, ranking third among listed companies.

COSL. The company is affiliated with the China National Offshore Oil Corporation and its business is divided into four major categories: geophysical survey services, drilling services, oilfield technical services and marine services. COSL was established in 2002 and its headquarters is located in Sanhe City, Hebei Province. In 2016, COSL lost 11.456 billion, ranking second among listed companies.

Petrochemical and petroleum services. Founded in 2012, the company is a wholly-owned subsidiary of Sinopec Group Corporation. It focuses on construction and technical services in global oil and gas exploration and development and related industrial development. In 2016, Petrochemical Oilfield Services suffered a loss of 16.115 billion yuan, ranking first among listed companies.

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