On the morning of August 12, 2020, 2020 Qingdao Top 100 Private Enterprises Press Conference & Founding Ceremony of Federation of Chambers of Commerce and Associations of Jiaodong Economic Circle were held in Huanghai Hotel. The conference released the basic information of the top 100 private enterprises and the lists of the Top 100 private enterprises in Qingdao, the Top 10 manufacturing enterprises and the Top 10 service enterprises. Hiking Group ranked No.4 among the "2020 Qingdao Top 100 Private Enterprises" and No.2 among the "2020 Qingdao Top 10 Service Enterprises”. In addition, Chairman of board Zhang Jianhua was elected the first chairman of the Federation of Chambers of Commerce and Associations of Jiaodong Economic Circle and made a speech at the conference. He said, “After its foundation, the federation will firstly play the role of bridge to become an important engine for the development of Jiaodong Economic Circle; secondly share resources and complement each other’s advantages to help Jiaodong Economic Circle become a new growing bloc of the economy of Shandong Province and Chinese economy; and thirdly take a high-level opening up as the starting point to promote member enterprises to achieve high-quality development. Jiaodong Economic Circle is next to Japan and Korea, so we’ll use the Federation of Chambers of Commerce and Associations as the carrier, work closely with Japanese and Korean federation of chambers of commerce, integrate international innovation resources and build a new digital platform for chambers of commerce that connects thousands of hidden champion companies of Japan and South Korea and tens of thousands of federation member companies in five cities to provide member companies with more opportunities of cooperation and to constantly cultivate new advantages for participating in international cooperation and competition.”