The 2019 Sohu Finance Annual Conference was held in Beijing on 13 November. The conference focusing on positive business power, Cedar Holdings was listed in the 2019 Sohu Finance Top 10 Valuable Companies List released at the conference.
The list, which is based on reports of the Sohu Finance Top 100 Companies, its evaluation system and various indicators, recognize Chinese most valuable companies and what they have in common.
The Top 10 Valuable Companies include Cedar Holdings, Geely, Great Wall Motors, Country Garden, China Evergrande, and Yili.
According to the judges of the award, these companies come from a wide range of industries, which shows "intelligent manufacturing in China" and consumption upgrade are happening. Cedar Holdings was selected for its unique business model in the commodities supply chain and social value created as a result.
Cedar Holdings is one of the Guangzhou home grown private enterprises that make into the Fortune Global 500. Cedar Holdings insists on industrial development and value creation for the country and society. Cedar Holdings ranked 301st on the list of Fortune Global 500 in 2019, with a total revenue of over RMB 268.8 billion. In recent years, Cedar Holdings has been focusing on commodities as its core business, working on covering all categories of commodities, the entire industrial chain, different countries across the world. Cedar Holdings is also exploring new ways of supply chain finance business to serve nearly 10,000 corporations upon the upstream and downstream of the industrial chain.
Articles courtesy of Beijing Hours and Sohu Finance
(Source: Official website of Cedar Holdings)