The List of 2022 China Top 500 Private Enterprises Is Released

The List of 2022 China Top 500 Private Enterprises was released. Tiangong ranked       th, climbing     positions compared to 2021.

         Recently, the All-China Federation of Industry and Commerce released the List of 2022 China Top 500 Private Enterprises. Jiangsu Tiangong New Materials Group Co., Ltd. secured a spot on the list, ranking 266th, marking Tiangong’s 13th consecutive year being honored as one of China Top 500 Private Enterprises.

         In recent years, Tiangong has continuously strengthened innovation, accelerated transformation, broken through critical core technologies, enhanced product quality, built its brand, and reinforced corporate management to steadily boost its core competitiveness. Particularly in the R&D and mass production of materials for powder metallurgy tool and mould steel, Tiangong has led the industry by taking the initiatives. Its multiple powder steel products have filled domestic gaps, and broken international monopolies, demonstrating the Company’s commitment to national and industrial responsibilities. Moreover, the Company has comprehensively accelerated industrial resource integration, transformation and upgrading, and advanced a series of strategic initiatives, such as product premiumization, production resource intensification, and equipment modernization to further solidify the foundation for high-quality development.

         As a specialized manufacturer of tool and mould steel and cutting tools in China, Tiangong has consistently aligned with national development strategies, focused on its core business of new materials, remained committed to manufacturing sector, and maintained robust growth momentum. Its reappearance on the List of Top 500 Private Enterprises reflects full recognition of Tiangong's high-quality growth and underscores its steady progress toward strategic goals. As a member of the Hardware & Electromechanical Chamber of the All-China Federation of Industry and Commerce, Tiangong has played a pioneering, driving, and exemplary role in the transformation and upgrading of private enterprises, leveraging its unique industry technologies, product advantages, and innovation capabilities.

         Looking ahead, Tiangong will continue to strengthen its industrial foundation, constantly enhance its innovation and competitiveness, refine internal strength, and promote a spirit of practical action, contributing to the development of new materials in China with higher standards.