China
2019.08.30 15:27 GMT+8

Top 10 Chinese private enterprises in 2019

Updated 2019.08.30 15:27 GMT+8
CGTN

Huawei Investment & Holding Co Ltd ranked first in the China Top 500 Private Enterprises this year with operating revenue of 721.2 billion yuan (102 billion U.S. dollars), according to a report released by the All-China Federation of Industry and Commerce (ACFIC) on August 22.

Companies in this year's list should at least register operating revenue of about 18.59 billion yuan, as per the rankings.

In 2018, 12 enterprises had such revenue over 300 billion yuan, an increase of three enterprises over the previous year, said Huang Rong, vice-chairman of the ACFIC.

Here are this year's top 10 Chinese private enterprises by operating revenue.

No 10 Gome Holdings Group Co Ltd

Revenue: 334.1 billion yuan

Industry: Retail

A Gome appliance store in Wuhan, Hubei Province, June 26, 2019. /VCG Photo

No 9 Legend Holdings Ltd

Revenue: 358.92 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing

 

No 8 Hengli Group Co Ltd

Revenue: 371.74 billion yuan

Industry: Chemical raw materials, chemical products manufacturing

 

No 7 Country Garden Holdings Co Ltd

Revenue: 379.08 billion yuan

Industry: Real estate

 

No 6 JD Group

Revenue: 462.02 billion yuan

Industry: Internet and related services

 

No 5 Evergrande Group Co Ltd

Revenue: 466.2 billion yuan

Industry: Real estate

 

No 4 Amer International Group Co Ltd

Revenue: 505.12 billion yuan

Industry: Nonferrous metal smelting and rolling processing industry

 

No 3 Suning Holdings Group

Revenue: 602.46 billion yuan

Industry: Retail

 

A Suning retail store in Beijing, July 28, 2019. /VCG Photo

No 2 HNA Group Co Ltd

Revenue: 618.29 billion yuan

Industry: Comprehensive

A Hainan Airlines plane takes off from Beijing Capital International Airport in Beijing, Dec 8, 2018. Hainan Airlines is a part of the HNA Group. /VCG Photo

No 1 Huawei Investment & Holding Co Ltd

Revenue: 721.2 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing

Huawei logos at an exhibition stand in Nanjing, Jiangsu Province, September 1, 2018. /VCG Photo

Source(s): China Daily
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