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Top 10 Chinese private enterprises in 2020

chinadaily.com.cn | Updated: Sep 15, 2020 L M S

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Huawei Investment & Holding Co Ltd again has kept the top spot in the China Top 500 Private Enterprises this year with operating revenue of 858.83 billion yuan ($126 billion), according to a report released by the All-China Federation of Industry and Commerce on Sept 10.

To qualify, companies in this year's list should at least register operating revenue of over 20.2 billion yuan, higher than 18.59 billion yuan last year.

The top 500 private enterprises this year saw their total operating revenue, total assets and after-tax net profit stand at 30.17 trillion, 36.96 trillion and 1.39 trillion yuan, respectively, up 5.85, 6.78 and 8.06 percent.

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

No 10 Geely Holding Group

Revenue: 330.82 billion yuan

Industry: Motoring

No 9 China Vanke Co Ltd

Revenue: 367.89 billion yuan

Industry: Real estate

No 8 Gome Holdings Group Co Ltd

Revenue: 371.7 billion yuan

Industry: Retail

No 7 Legend Holdings Ltd

Revenue: 389.22 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing

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A screen shot from Legend Holdings' official website. [Photo/legendholdings.com.cn]

No 6 Evergrande Group Co Ltd

Revenue: 477.56 billion yuan

Industry: Real estate

No 5 Country Garden Holdings Co Ltd

Revenue: 485.91 billion yuan

Industry: Real estate

No 4 Hengli Group Co Ltd

Revenue: 556.74 billion yuan

Industry: Chemical raw materials, chemical products manufacturing

No 3 Amer International Group Co Ltd

Revenue: 613.9 billion yuan

Industry: Nonferrous metal smelting and rolling processing industry

No 2 Suning Holdings Group

Revenue: 665.26 billion yuan

Industry: Retail

No 1 Huawei Investment & Holding Co Ltd

Revenue: 858.83 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing