Shandong Port Group (SPG) has secured a spot in the prestigious "Top 500 Chinese Enterprises" list for the third year in a row, ranking 172nd, as announced by the China Enterprise Confederation and China Enterprise Directors Association at the 2024 China Top 500 Enterprises Summit Forum. This advancement of 100 places from 2022 underscores the company's growth and resilience.

The night scene of Qingdao Port led by SPG. [Photo/VCG]

The 2024 list raised its threshold to 47.38 billion yuan ($6.71 billion), an increase of 3.83 billion yuan from the previous year. The total revenue of the top 500 enterprises exceeded 110.07 trillion yuan, a year-on-year increase of 1.58 percent.

This shows that despite the complex and severe external environment and economic situation, Chinese enterprises are actively tackling challenges and making strides in high-quality development across various sectors, showcasing their strong resilience. SPG is among these enterprises, continually making progress in high-quality development through innovation. 

As a foundational and pivotal infrastructure, ports are crucial to economic and social development and serve as vital indicators of the national economy. Faced with rapidly changing circumstances, SPG will seek further breakthroughs and opportunities. To achieve this, it is constantly improving its strength and competitiveness, accelerating the development of a world-class marine port group, and forming international logistics channels.