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Listed Among Fortune Global 500 for 25 Years, COFCO Corporation Ranks 122nd in 2018 Release Time : 2018-07-19
COFCO Corporation has been ranked 122nd on the “Global 500” list for 2018 released by Fortune magazine on July 19, Beijing time, moving up 14 positions from its 2017 rank. The Company has been on the annual list of Global 500 for 25 straight years.

In 2017, COFCO Corporation made proactive efforts to build world-class grain enterprise, pursue the mission of enhancing international competitiveness, becoming stronger, better and larger, and bearing the responsibility of grains and foods security, seize the opportunity of SOE being authorized to engage in capital operation, and continuously deepen the reform of state-owned capital investment company. As a result, capital/asset structure, resource allocation efficiency, and major economic indicators have been noticeably optimized. With remarkable improvement of COFCO’s cost and benefit and initial results from the design of specialization system in practice, COFCO Corporation’s total profits have hit new historic high.

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