Xiwang Group, first incorporated in 1986, has a business scope covering corn processing, steel and iron, real estate, liquor and water, goods distribution, thermoelectricity and so on. At present, the Group has a total asset of about 8 billion Yuan and a staff of about 10000. The sales revenue of the Group in 2007 is 10 billion Yuan. The Group was ranked as the 461th in China's Top 500 Largest Enterprises (Groups), the 215th in China's Top 500 Competitive Enterprises, the 6th in National Agriculture Non-staple Foodstuff and Product Processing Industry, the 76th in Shandong Province Hundred Strong Enterprises, the 68th in China Main Private Enterprise 100 Strong Enterprises of Forbes First Session in 2007.On December 9th, 2005, the Group has come into the market Hong Kong; in May, 2006, has been named as the "Town of Sugar in China".
