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INTCO Medical | Ranked among 2021 "Top 500 Chinese Enterprises" and "Top 500 Private Enterprises in China's Manufacturing Industry"
TIME: 2021-09-26 FROM: INTCO Medical

On September 25, the 2021 China Top 500 Enterprise Summit Forum was held in Changchun City, Jilin Province. At the ceremony, the China Enterprise Confederation and the China Entrepreneurs Association announced the list of the "2021 Top 500 Chinese Enterprises" based on the operating income of enterprises in 2020. On the same day, the 2021 China Top 500 Manufacturing Private Enterprises Summit co-sponsored by the All-China Federation of Industry and Commerce and the Hunan Provincial People's Government was held in Changsha. The summit also released the "2021 China Top 500 Manufacturing Private Enterprises" list.

In the top 500 Chinese enterprises list, INTCO Medical Technology Co.,Ltd ranks 453, with a total turnover of more than 13.85671 million yuan. In addition, in 2021 China's top 500 manufacturing private enterprises list, INTCO Medical ranks 391st.

INTCO Medical was selected as one of the "2021 Top 500 Chinese Enterprises" and "2021 China's Top 500 Private Enterprises in Manufacturing", which is the industry's high recognition of the strength of INTCO Medical. In recent years, INTCO Medical has been able to expand and upgrade its production capacity in an orderly manner by relying on its advantages in cost, scale, channels, etc. and industry-leading production technology, and has rapidly developed into a leading domestic disposable glove company. In 2020, INTCO achieve a leap in performance because of the epidemic. In 2020, INTCO Medical achieved operating income of RMB13.837 billion, an increase of 564.29% year-on-year. Among them, the sales income of medical protection products reached 13.452 billion yuan, and the gross profit margin increased from 24.80% in the previous year to 70.46%; net profit was 7.07 billion yuan. A year-on-year increase of 3829.56%.

In 2021, as the global epidemic situation intensifies, INTCO Medical’s disposable glove business will usher in greater demand. The 2021 semi-annual results announcement shows that the company achieved 10.674 billion yuan in revenue in the first half of this year, a year-on-year increase of 139.88%; The net profit attributable to the parent was 5.878 billion yuan, a year-on-year increase of 205.98%. INTCO Medical is currently one of the very few companies in China that can continuously and stably produce medical-grade gloves at a high proportion. With an annual production capacity of 60 billion gloves, it has developed into China's largest and world-leading disposable glove supplier.