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    China Top 500 Private Enterprises 2019 Released, with VV Group Ranked 226th.

    08/26/2019

    Company News

    China Economic Times 2019-08-23 11:27:24

    With the theme of "staying true to the original entrepreneurship and the ambition of serving the country," China Top 500 Private Enterprises Summit 2019 was held in Xining City, Qinghai Province on August 22. "China Top 500 Private Enterprises 2019", "China Top 500 Private Enterprises in Manufacturing Industry", "China Top 100 Private Enterprises in Service Industry" and "Research and Analysis Report on China Top 500 Private Enterprises" were released at the summit.

    Among the top 500 private enterprises in China, Huawei Investment & Holding Co., Ltd. ranked first with the revenue of RMB 721.2 billion, followed by HNA Group and Suning Holdings Group Co., Ltd.. VV Group Co., Ltd. ranked 226th.

    The list of the China Top 500 Private Enterprises 2019 indicates that the threshold for finalists of China top 500 private enterprises has reached a new high. This year, the threshold for finalists of the top 500 private enterprises reached RMB 18.586 billion; the threshold for finalists of the top 500 private enterprises in manufacturing industry hit RMB 8.563 billion; and the threshold for finalists of the top 100 private enterprises in the service industry reached RMB 24.113 billion.

    China Top 500 Private Enterprises Summit was jointly held by the All-China Federation of Industry and Commerce and the People's Government of Qinghai Province. This year, 20 private enterprises out of China top 500 are also on the list of World top 500, an increase of three over the previous year. Compared with last year, 85 new enterprises made the list.

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