The list of top 500 private enterprises in China was released on August 22, and Tiangong Group once again made a strong list. This is the sixth consecutive year that Tiangong has won the top 500 privately owned enterprises in China. As a member enterprise of the National Federation of Industry and Commerce, China Aeronautical Group, a professional manufacturer of high-speed steel, die steel, titanium alloy and cutting tools, plays a leading, leading and exemplary role in the transformation and upgrading of private enterprises with its unique industry technology, product advantages and strategic planning for innovation and development. It has exerted a positive and extensive influence on the economic development and has become the pioneer of the high-quality development of China's private enterprises. The top 500 private enterprises are also a significant sign of the growth of private economy in the past 40 years of reform and opening up, and an important vane of China's economic development.