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Jereh Group Awarded “2013 Shandong Province Top 100 Taxpayer”

2014-04-03 Compartir por correo Imprimir esta página

On April 1, 2014, the IRS (Internal Revenue Service) and local taxation bureau of Shandong province jointly announced 2013 Shandong Top 100 Taxpayer List, in which Jereh, as the only private-listed enterprise for oil and gas equipment manufacturing, won a place again with tax amount of $92.6 million, together with those arge state-owned companies in petroleum and petrochemical, finance and tobacco industry.

It is reported that major selected enterprises are state-owned from manufacturing, mining, finance, transportation, real estate and telecommunication industry with the minimum amount of tax increasing to $77.4 million. So private enterprises with strong competitiveness such as Jereh Group are particularly noticeable.

As a world leading O&G equipment manufacturer and service provider, Jereh group achieved leap-frog development. The sales amount for eight consecutive years achieves an increase of 50% and in the last three years 63% CAGR of sales revenue. In 2013 the total tax amount of Jereh was up to $92.6 million, compared with $50.57 million in 2012. For the goal of sales revenue exceeding $1.6 billion, Jereh will invest more on manufacturing and technology innovation to promote the energy development in China, as well as sustainable development of the world.

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