On the evening of July 20, American Fortune Magazine released the 2016 Fortune Global 500, for the second time, ShaanMei Group ranked 347,69 higher comparing to last year, relying on 190.6 billion yuan (30.331 billion US dollars).

This year, the gross operating income of the global 500 companies is 27.6 trillion US dollars, the retained profits is 1.48 trillion US dollars, which has declined 11.5 percent and 11.3 respectively. The operating receipt is at least 20.92 billion dollars, which has declined 11.8 percent with 23.7 billion dollars. Four more Chinese companies have been on the list, the total of which has risen 110, there are three Chinese companies in the first five ones of the world’s top 500, they are State Grid Corporation of China, Petro China, and Sinopec, which ranked the second, third, and third respectively. There are nine Chinese coal companies in it, of which ShaanMei Group ranked 347, 69 higher comparing to last year.

In 2015, ShaanMei Group was in face of much pressure, such as excess production capacity, dull sale, price declining, etc. The staff united and face the difficulties bravely, sticking to the problem-orientated approach, the main line is aiming at dealing with losses and creating efficiency,  Paying special attention to obsolete capacity, vitalizing stock, promoting operating quality, scientific and technological innovation, expanding the market, deepening reform, the operation target that made at the beginning of the year has been fulfilled successfully.