2016 Qingdao Entrepreneurs Summit, co-sponsored by Qingdao Enterprises Confederation and Qingdao Entrepreneurs Association, was held at Qingdao in the morning of January 14, 2017. 2016 Qingdao Top 100 Enterprises in Revenue, 2016 Qingdao Top 50 Manufacturers in Revenue and 2016 Qingdao Top 30 Service Enterprises in Revenue were announced. Among the rankings, Hiking Group takes No. 10 place at 2016 Qingdao Top 100 Enterprises and No. 2 place at 2016 Qingdao Top 30 Service Enterprises.
    The threshold for 2016 Qingdao Top 100 Enterprises is 1.016 billion Yuan business revenue, up 10.43% year-on-year.