August 24, 2018, Shanghai, China

On August 24th, 2018 the Shanghai Enterprise Confederation, Shanghai Entrepreneur Association, and Shanghai Economic Association jointly released the List of 2018 Shanghai Top 100 Enterprises. CIG Shanghai Co., Ltd. ("CIG", stock code 603083) ranked No. 83. CIG, which was listed on the Shanghai Stock Exchange in November 2017, had a 24.5% increase in its 2017 annual revenue compared to the previous year. CIG’s ranking amongst the Shanghai Top 100 Private Enterprises not only reflects the company’s profitability and comprehensive strength in the past year, but also further consolidates its position in the industry.

The Top 100 List of Shanghai Enterprises has become one of the most influential enterprise rankings in Shanghai as it is both authoritative and impartial. The List comprehensively evaluates these enterprises in terms of operating income, net profit, total assets, owner's equity, total tax payment, and research and development expenses. The average growth rate of the Top 100 Enterprises increased significantly compared to the previous year. The Top 100 Shanghai Enterprises have now became an important driving force for regional economic development.