.jpg)
Year 2016 was the outset of the “13th Five-year Plan”. During this year, the listed companies on SME Board, as representatives of China’s outstanding SMEs, have played significant roles in serving the real economy and the supply-side structural reform, supporting independent innovation, upgrade and transformation, stimulating industrial integration and optimizing structure.
In the domestic economic environment where progress has been made in stability, SME Board companies have delivered satisfactory results through hard work and innovation. As of 28 February 2017, 834 companies have disclosed their preliminary earnings estimates or annual reports of 2016. In 2016, SME Board enterprises achieved the average operating revenue of 3.592 billion yuan, up 17.81% from that in 2015, and the average net profit of 272 million yuan, up 32.56% from that in 2015. With the strong support of national policies, they have continued to energetically promote independent innovation, upgrade and transformation as well as optimize their structures, enabling a new peak of net profit growth rate in the recent five years and showcasing their powerful economic vitality and promising development trend.
Click here for full details.
