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
A Geely Xingyue Coupe SUV is seen at the second media day for the Shanghai auto show on April 17, 2019. [Photo/Agencies]
No 9 China Vanke Co Ltd
Revenue: 367.89 billion yuan
Industry: Real estate
The Vanke Center in Shenyang, Liaoning province on April 23, 2020. [Photo/Sipa]
No 8 Gome Holdings Group Co Ltd
Revenue: 371.7 billion yuan
Industry: Retail
A stand for Gome's booth at a fair in Qingdao, East China's Shandong province, on March 29, 2019. [Photo/Sipa]
