Top 10 Chinese private enterprises in 2020
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
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