According to information from the Provincial Department of Industry and Information, Shandong will organize a declaration of "Shandong New Leap-forward Private Enterprises" and the relevant enterprises will be given a one-off award of up to RMB 5 million.

It is understood that the New Leap-forward Private Enterprises refer to private enterprises with annual sales (business) income exceeding RMB 10 billion, 50 billion and 100 billion for the first time. Annual sales (business) income refers to the total annual sales (business) income of enterprises and groups, and the data are group-level data (including data from outside the province, overseas and tertiary industries).

The scope of application is limited to private enterprises registered in Shandong Province, including limited liability company, joint stock company, partnership enterprise, sole proprietorship, non-state or non-foreign holding enterprise, and mixed ownership enterprise with private shares as the main body; and enterprises with the main business of real estate, and financial institutions such as banks, securities and insurance are not included in the scope of awards.

The "Top Ten" industry enterprises focus on the conversion of old and new kinetic energy, with standardized production and operation management and good credit status; without major violations of laws and regulations, or major safety, quality, environmental protection accidents or mass incidents, or record of breaking promises?within two years.

Enterprises are required to have no major violations of laws and regulations, no major safety, quality, environmental protection accidents, mass incidents or record of breaking promises within two years.

Private enterprises with annual sales (business) income exceeding RMB 10 billion for the first time will be given a one-off reward of RMB 1 million; those exceeding RMB 50 billion for the first time will be given a one-off reward of RMB 3 million; those exceeding RMB 100 billion for the first time will be given a one-off reward of RMB 5 million. Private enterprises over RMB 10 billion, 50 billion and 100 billion will not be included in the scope of awards. (Reporter Wu Shujuan)