Recently, All-China Federation of Industry and Commerce released the list of "2022 China's Top 500 Private Enterprises in the Manufacturing Sector". The minimum annual revenue of businesses included is RMB 12.57 billion, representing an increase of RMB 2.52 billion or 25.08% from a year earlier. 

Xinbao ranked 447^th among the 2022 China's Top 500 Private Enterprises in the Manufacturing Sector.

Manufacturing sector is the cornerstone of a country's development and prosperity. Founded in 1995, Xinbao has been deeply engaged in the manufacturing of small home appliances, striving to establish a diversified technical service system for the small home appliance sector to meet consumers' personalized needs for a high quality of life. Going forward, Xinbao will continue to focus on technological innovation, improve its comprehensive competitiveness, and foster the high-quality development of the small home appliance sector.