Is Runtai Group in Taiwan Province a Fortune 500 company?

No, at present, due to the stock market decline in Taiwan Province Province, the market value of many group assets has shrunk dramatically. At present (2007), only two companies are still in the top 500 in the world!

37 1- Hon Hai Precision (the richest man in Taiwan Province Province, Guo Taiming/the leading OEM of mobile phones and laptops, with Foxconn as its own brand)

402- Taiwan CNPC (formerly a public enterprise in Taiwan Province Province, now listed and privatized, and Formosa Plastics Petroleum is the top two petrochemical refining company in Taiwan Province Province).

Runtai (including construction, department store service, and electronics industry) made huge profits last year due to the real estate boom. The land invested many years ago soared due to the rapid growth of the high-speed rail rapid transit, which led to a sharp rise in the share prices of other branches of the group, making Runtai climb to the first place in department store service in Taiwan Province Province (RT Mart store)!