Legend Is China's Top Electronic Product ManufacturerAccording to a new list of top 100 electronic product manufacturers in China, Legend Group remains the country's top electronic product makers for sales in 1999.Last year, Legend recorded 20.3 billion yuan (US$ 2.4 billion) in annual sales. The Shanghai General Electronics Group and TCL Group came in second and third respectively, said the "Economic Information Daily." Total sales of the top 100 electronic products manufacturers amounted to 304 billion yuan (US$ 36.6 billion) last year, surging a year-on-year 28.1 percent to account for 71 percent of China's electronic sales in the year. Most of these enterprises are state-owned or state-owned holding companies and 15 are joint venture companies. The top 100 List was first introduced in 1987 and has been updated 14 times. |
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