Is Relian Group a Fortune 500 company?

United Group is not one of the top 500 enterprises in the world. Relian Group is one of the top 500 enterprises in China. Founded in 1997, Relian Group is a second-class state-owned holding enterprise under the State-owned Assets Supervision and Administration Commission of Hangzhou. Hangzhou Industrial Investment Group, the parent company, is one of the two major capital operation platforms under the State-owned Assets Supervision and Administration Commission of Hangzhou, ranking among the top 500 Chinese enterprises in 2020 152. Since 200 1, the Federation has implemented mixed ownership reform, and the proportion of state-owned holdings has remained at 5 1%, and the rest is mainly held by the company's backbone team.