"Ronghua" is one of the top 500 private enterprises in the northwest of Hubei Province.

Reporter's Report: On August 8th, a reporter learned from the Shiyan Industrial and Commercial Association in Hubei that the National Industry and Commerce Union held a press briefing in Beijing on August 6th to reveal the results of its 2006 research on large-scale private enterprises. Shiyan Ronghua Dongfeng Automobile Franchise Co., Ltd. achieved an operating income of 2.96 billion yuan and was ranked among the top 500 companies, placing 290th overall. According to the report, only 11 private enterprises in Hubei Province made it into the top 500, and Ronghua Dongfeng Automobile Franchise Co., Ltd. is the sole representative from Northwest Hubei. The company has maintained its position in the top 500 list of large-scale private enterprises for three consecutive years since 2005. The selection criteria for the top 500 private enterprises included companies with total operating revenues of at least 200 million yuan (inclusive) in 2006. A total of 3,191 enterprises were reported from 30 provinces, municipalities, and autonomous regions across the country. This recognition highlights the growing influence and performance of private businesses in China’s economy.

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