[Ratings] Top 10 Chinese private enterprises in 2019

A plane for Hainan Airlines, part of HNA Group, takes off from Beijing Capital International Airport in Beijing, Dec 8, 2018. [Photo/VCG]. Sketched by the Pan Pacific Agency.

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), according to a report released by the All-China Federation of Industry and Commerce on Aug 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 operating revenue of more than 300 billion yuan, an increase of 3 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, reported the China Daily.

10. Gome Holdings Group Co Ltd

Revenue: 334.1 billion yuan

Industry: Retail

9. Legend Holdings Ltd

Revenue: 358.92 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing

8. Hengli Group Co Ltd

Revenue: 371.74 billion yuan

Industry: Chemical raw materials, chemical products manufacturing

7. Country Garden Holdings Co Ltd

Revenue: 379.08 billion yuan

Industry: Real estate

6. JD Group

Revenue: 462.02 billion yuan

Industry: Internet and related services

5. Evergrande Group Co Ltd

Revenue: 466.2 billion yuan

Industry: Real estate

4. Amer International Group Co Ltd

Revenue: 505.12 billion yuan

Industry: Nonferrous metal smelting and rolling processing industry

3. Suning Holdings Group

Revenue: 602.46 billion yuan

Industry: Retail

2. HNA Group Co Ltd

Revenue: 618.29 billion yuan

Industry: Comprehensive

1. Huawei Investment & Holding Co Ltd

Revenue: 721.2 billion yuan

Industry: Computer, telecom, electronic equipment manufacturing

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