The top 500 Chinese private enterprises in 2023 are announced, with Guangdong companies accounting for 50 seats! Many motor industry chain companies are on the list

On September 12, the All-China Federation of Industry and Commerce released the “2023 China’s Top 500 Private Enterprises” list and the “2023 China’s Top 500 Private Enterprises Research and Analysis Report”. This year is the 25th consecutive large-scale private enterprise survey organized by the All-China Federation of Industry and Commerce . A total of 8,961 enterprises with annual operating income of more than 500 million yuan participated. A total of 50 companies in Guangdong are on the list, among which many companies in the motor industry chain are on the list.

 

As a basic electronic device, the main function of the motor is to provide power source for electrical appliances and various machinery by generating driving torque. The upstream of the motor industry chain is suppliers of raw materials such as electrolytic copper (electromagnetic wire), silicon steel, carbon steel, and insulation materials, as well as suppliers of accessories such as rotors, stators, lifting rings, bearings, commutators, frames, and fans. Motor products are widely used in various fields of the national economy, including industry, electronic information, rail transit, home appliances, new energy vehicles and other industries. The rapid development of related industries has provided a broad market space for the motor industry and promoted the orderly development of the entire motor industry.

 

Several motor industry chain companies were shortlisted for the list
Mainstream motor companies

Wolong Holding Group Co., Ltd. ranks 254th among the “Top 500 Private Enterprises in China” and 174th among the “Top 500 Private Enterprises in China’s Manufacturing Industry” with a capital of 47,025.21 million yuan. Compared with last year, Wolong ranked 1st in the list of “China’s Top 500 Private Enterprises” and 93rd in the “Top 500 Chinese Manufacturing Private Enterprises”.

Motor upstream industry

Jiangsu Shagang Group Co., Ltd. ranked 18th with 286,464.92 million yuan, Delong Iron and Steel Co., Ltd. ranked 30th with 212,529.55 million yuan, Nanjing Iron and Steel Group Co., Ltd. ranked 39th with 188,351.76 million yuan, and Ningbo Jintian Investment Holding Co., Ltd. ranked 134,569.23 million yuan. Ranked 61st, Qian’an Jiujiang Wire Rod Co., Ltd. ranked 146th with 7,097.92 million yuan, and Anyang Iron and Steel Group Xinyang Iron and Steel Co., Ltd. ranked 443rd with 30,500.78 million yuan.

Motor downstream applications

Among mainstream companies in the automotive field, BYD Co., Ltd. ranked 10th with 424.06064 million yuan, Zhejiang Geely Holding Group Co., Ltd. ranked 12th with 406.26870 million yuan, Wanxiang Group Co., Ltd. ranked 37th with 190.46558 million yuan, and Great Wall Motor Co., Ltd. ranked 13733998 Ranked 59th with 50,000 yuan, Chongqing Xiaokang Holdings Co., Ltd. ranked 232 with 50,918.78 million yuan, Ningbo Joysheng Electronics Co., Ltd. ranked 238 with 49,793.35 million yuan, Chengli Automobile Group Co., Ltd. ranked 378 with 33,210.85 million yuan, Zhengzhou Yutong Enterprise Group ranked 497th with 28,110.29 million yuan.

 

Among mainstream enterprises in the field of home appliances, Midea Group Co., Ltd. ranked 15th with 345,708.71 million yuan, Xiaomi Communication Technology Co., Ltd. ranked 19th with 280,044.02 million yuan, Zhuhai Gree Electric Co., Ltd. ranked 38th with 190,150.67 million yuan, and TCL Technology Group Co., Ltd. Co., Ltd. ranked 49th with 166,632.15 million yuan, Skyworth Group Co., Ltd. ranked 207th with 53,490.57 million yuan, Sanhua Holding Group Co., Ltd. ranked 215 with 52,309.79 million yuan, and Guangdong Galanz Group Co., Ltd. ranked 482 with 29,236.18 million yuan.

*The above are incomplete statistics

 

The private economy is a new force in promoting Chinese-style modernization and an important foundation for high-quality development. Motor products are so widely used and involved in complex industries that the market size has exceeded 100 billion yuan.

 

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2023 China’s Top 500 Private Enterprises List
 

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2023 List of China’s Top 500 Private Manufacturing EnterprisesImage
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03
2023 List of Top 100 Private Enterprises in China’s Service Industry
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Research analysis report

 

 

In terms of operating income, the entry threshold for the top 500 private enterprises reached 27.578 billion yuan, an increase of 1.211 billion yuan from the previous year ; the entry threshold for the top 500 private manufacturing enterprises reached 14.516 billion yuan, an increase of 1.944 billion yuan from the previous year; private enterprises in the service industry The entry threshold for the top 100 companies reached 31.404 billion yuan, an increase of 1.289 billion yuan from the previous year.
The survey and analysis report shows that the overall scale of private enterprises on the list has grown steadily and the industrial structure continues to be optimized. The total operating income of the top 500 private enterprises was 39.83 trillion yuan, an increase of 3.94%. There are 359 companies shortlisted for the secondary industry , an increase of 17 compared with the previous year. The total tax payment reached 1.25 trillion yuan, accounting for 7.51% of the country’s total tax revenue. The total number of jobs is 10.9721 million, accounting for 1.50% of the national employed population.

 

In terms of technological innovation, among the top 500 private enterprises, 326 companies have R&D personnel accounting for more than 3% of the total number of employees, and 175 companies have R&D personnel accounting for more than 10%. There are 86 companies with R&D investment intensity exceeding 3%, and 8 companies with R&D investment intensity exceeding 10%.

 

The top ten industries of the Top 500 Private Enterprises include a total of 303 companies, with ferrous metal smelting and rolling processing industry, electrical machinery and equipment manufacturing industry, and wholesale industry at the forefront.

 

Jingdong Group has ranked first among the top 500 private enterprises in the service industry for two consecutive years with an operating income of 1,046.236 billion yuan, and among the top 100 private enterprises in the service industry for three consecutive years; Hengli Group Co., Ltd. has ranked first among the top 500 private enterprises in the manufacturing industry for two consecutive years. . A total of 28 top 500 private companies have been shortlisted for the Fortune Global 500 list.

 

It is worth noting that Huawei Investment Holdings Co., Ltd. did not participate in this ranking of the top 500 private enterprises. In 2021, Huawei’s revenue was 636.8 billion yuan, ranking fifth among the top 500 private companies in 2021. Its research and development expenses were 142.1 billion yuan, ranking first in the “2021 Private Enterprises’ Top 500 Invention Patent List.”

 

According to official data released in March this year, Huawei will achieve sales revenue of 642.3 billion yuan, net profit of 35.6 billion yuan, and net profit margin of 5.5% in 2022. R&D expenses are 161.5 billion yuan. If it participates in the evaluation, R&D expenses will still rank first in the R&D investment list of private enterprises.

 

“Fortune” Fortune Global 500 Ranking
Ranking Chinese name nation
1 Walmart USA
2 Saudi Aramco Saudi Arabia
3 State Grid Corporation of China China
4 Amazon USA
5 China National Petroleum
Corporation
China
6 China Petrochemical
Corporation
China
7 Exxon Mobil USA
8 apple inc. USA
9 shell company U.K.
10 UnitedHealth Group USA
11 CVS Health USA
12 Trafigura Group Singapore
13 China State Construction Engineering Corporation China
14 Berkshire Hathaway USA
15 Volkswagen Germany
16 Uniper Germany
17 Alphabet USA
18 McKesson Corporation USA
19 Toyota Motor Corporation Japan
20 Total Energy France
twenty one Glencore Switzerland
twenty two BP U.K.
twenty three Chevron USA
twenty four AmerisourceBergen Corporation USA
25 Samsung Electronics South Korea
26 Costco USA
27 Hon Hai Precision Industry
Co., Ltd.
China
28 Industrial and Commercial Bank of China
Co., Ltd.
China
29 China Construction Bank
Corporation
China
30 Microsoft USA
31 Stellantis Group Netherlands
32 Agricultural Bank of China
Co., Ltd.
China
33 Ping An Insurance (Group)
Co., Ltd. of China
China
34 Cardinal Health Group USA
35 Cigna Group USA
36 Marathon Crude Oil Company USA
37 Phillips 66 USA
38 Sinochem Holdings
Co., Ltd.
China
39 China Railway Engineering Group
Co., Ltd.
China
40 Valero Energy Corporation USA
41 Gazprom
_
Russia
42 China National Offshore Oil
Corporation
China
43 China Railway Construction Group
Co., Ltd.
China
44 China Baowu Steel Group Co.
, Ltd.
China
45 Mitsubishi Corporation Japan
46 Ford Motor Company USA
47 Mercedes-Benz Group Germany
48 The Home Depot USA
49 Bank of China Limited China
50 General Motors Corporation USA
51 Elevance Health Company USA
52 Jingdong Group Co., Ltd. China
53 JPMorgan Chase & Co. USA
54 China Life Insurance (Group)
Company
China
55 EDF France
56 Equinor Norway
57 BMW Group Germany
58 Kroger USA
59 Enel Italy
60 Centene Corporation USA
61 Eni Italy
62 China Mobile Communications Group
Co., Ltd.
China
63 China Communications Construction Group
Co., Ltd.
China
64 Verizon USA
65 China Minmetals Corporation China
66 Walgreens USA
67 Allianz Insurance Group Germany
68 Alibaba Group Holdings
Limited
China
69 Xiamen C&D Group Co., Ltd. China
70 honda cars Japan
71 brazil Brazil
72 Shandong Energy Group Co., Ltd. China
73 E.ON Group Germany
74 China Resources Limited China
75 Fannie Mae USA
76 National Energy Investment Group
Co., Ltd.
China
77 Comcast Telecommunications Corporation USA
78 AT&T USA
79 Germany Telecom Germany
80 pemex Mexico
81 Meta Platforms Company USA
82 Bank of America USA
83 China Southern Power Grid
Co., Ltd.
China
84 SAIC Motor Corporation
Limited
China
85 Hyundai Motor South Korea
86 China Post Group Co., Ltd. China
87 COFCO Corporation China
88 Reliance Industries India
89 Engie Group France
90 Target Corporation USA
91 AXA France
92 SK Group South Korea
93 Mitsui & Co., Ltd. Japan
94 indian oil corp. India
95 Xiamen International Trade Holdings Group Co.
, Ltd.
China
96 Itochu Corporation of
Japan
Japan
97 Dell Technologies USA
98 ADM USA
99 Citigroup USA
100 CITIC Group Co., Ltd. China
101 United Parcel Service USA
102 Pfizer Pharmaceuticals Ltd. USA
103 Deutsche Post DHL Group Germany
104 Spanish National Bank Spain
105 China Electric Power Construction Group
Co., Ltd.
China
106 Nestlé Switzerland
107 life insurance company of india India
108 Lowe’s Company USA
109 nippon telegraph and telephone co. Japan
110 Thai National Petroleum Co., Ltd. Thailand
111 Huawei Investment Holdings Co., Ltd. China
112 Johnson & Johnson USA
113 China National Pharmaceutical Group Co., Ltd. China
114 fedex USA
115 China Ocean Shipping Group
Co., Ltd.
China
116 Humana Corporation USA
117 Bo Feng Company Canada
118 Bosch Group Germany
119 BASF Germany
120 People’s Insurance Company of China
Co., Ltd.
China
121 Royal Ahold Delhaize
Group
Netherlands
122 INNES HOLDINGS CO., LTD. Japan
123 Hengli Group Co., Ltd. China
124 Zhengwei International Group Co., Ltd. China
125 Carrefour France
126 Energy Transfer Company USA
127 BNP Paribas France
128 state farm insurance company USA
129 Seven & I Holdings Japan
130 HSBC Bank Holdings plc U.K.
131 China FAW Group
Co., Ltd.
China
132 China Telecom Group Co., Ltd. China
133 Freddie Mac USA
134 Crédit Agricole France
135 PepsiCo USA
136 Zhejiang Rongsheng Holding Group
Co., Ltd.
China
137 Italian Generali Insurance Company Italy
138 Wuchan Zhongda Group
Co., Ltd.
China
139 Petronas Malaysia
140 sony Japan
141 pertamina Indonesia
142 Xiamen Xiangyu Group Co., Ltd. China
143 dior company France
144 Wells Fargo USA
145 walt disney company USA
146 China Ordnance Industry Group
Co., Ltd.
China
147 Tencent Holdings Limited China
148 Japan Post Holdings Co., Ltd. Japan
149 ConocoPhillips USA
150 China Aviation Industry
Corporation
China
151 Maersk Group Denmark
152 Tesla USA
153 Hitachi Japan
154 Procter USA
155 ArcelorMittal Luxembourg
156 Tesco U.K.
157 Pacific Construction Group
Co., Ltd.
China
158 indian oil and gas corp. India
159 United States Postal Service USA
160 Nissan Japan
161 Bank of Communications Co., Ltd. China
162 Siemens Germany
163 Jinneng Holding Group Co., Ltd. China
164 Albertsons Company USA
165 Guangzhou Automobile Industry Group
Co., Ltd.
China
166 China Aluminum Corporation Limited China
167 General Electric Company USA
168 TSMC China
169 Shaanxi Coal and Chemical Industry Group
Co., Ltd.
China
170 Munich Re Germany
171 Jiangxi Copper Group Co., Ltd. China
172 Shandong Weiqiao Entrepreneurship Group
Co., Ltd.
China
173 Vanke Enterprise Co., Ltd. China
174 Wilmar International Singapore
175 China Merchants Group Co., Ltd. China
176 Toyota Tsusho Corporation Japan
177 Brazilian JBS Company Brazil
178 Repsol Corporation Spain
179 China Merchants Bank Co., Ltd. China
180 BHP Group Australia
181 Nippon Life Insurance Company Japan
182 Dai-ichi Life Holdings Co., Ltd. Japan
183 MetLife USA
184 Roche Switzerland Switzerland
185 Goldman Sachs Group USA
186 Sysco USA
187 Mitsubishi UFJ Financial Group Japan
188 Dongfeng Motor Group Co., Ltd. China
189 Japan Aeon Group Japan
190 Marubeni Corporation Japan
191 China Poly Group Co., Ltd. China
192 China Pacific Insurance
(Group) Co., Ltd.
China
193 Beijing Automotive Group Co., Ltd. China
194 Bunge USA
195 Raytheon Technologies USA
196 Kia Corporation South Korea
197 boeing USA
198 StoneX Group USA
199 Lockheed Martin USA
200 Morgan Stanley USA
201 Posco Holdings Co., Ltd. South Korea
202 Vinci Group France
203 Austrian Oil and Gas Group Austria
204 LG Electronics South Korea
205 Greenland Holding Group
Co., Ltd.
China
206 Country Garden Holdings Limited China
207 itau united bank holdings
inc .
Brazil
208 Societe Generale France
209 China Huaneng Group Co., Ltd. China
210 Unilever U.K.
211 Intel Corporation USA
212 BYD Co., Ltd. China
213 HP USA
214 Alimentation Couche-Tard Company Canada
215 TD Synnex USA
216 polish state oil company Poland
217 Lenovo Group Co., Ltd. China
218 Panasonic Holdings Corporation Japan
219 Airbus Netherlands
220 Accenture Ireland
221 Idemitsu Kosan Co., Ltd. Japan
222 Shenghong Holding Group Co., Ltd. China
223 Industrial Bank Co., Ltd. China
224 International Business Machines Corporation USA
225 Zhejiang Geely Holding Group
Co., Ltd.
China
226 HCA Healthcare Corporation USA
227 Prudential Financial Group USA
228 Louis Dreyfus Group Netherlands
229 HBIS Group Co., Ltd. China
230 Caterpillar USA
231 Merck USA
232 Deutsche Bahn Germany
233 Bharat Petroleum Corporation India
234 World Kinect Company USA
235 state bank of india India
236 Nippon Steel Corporation Japan
237 Energie Baden-Württemberg Germany
238 New York Life Insurance Company USA
239 Enterprise Products
Partners
USA
240 AbbVie USA
241 Anheuser-Busch InBev Belgium
242 Tokyo Electric Power Company Japan
243 Plains GP
Holdings
USA
244 Zhejiang Hengyi Group Co., Ltd. China
245 Dow Corporation USA
246 Iberdrola Spain
247 China National Building Materials Group Co., Ltd. China
248 American International Group USA
249 Talanx Corporation Germany
250 Sberbank of Russia Russia
251 banco brazil Brazil
252 China Electronics Technology Group
Co., Ltd.
China
253 American Express USA
254 Rio Tinto Group U.K.
255 mass supermarket corp. USA
256 China Energy Construction Group
Co., Ltd.
China
257 Qingshan Holding Group Co., Ltd. China
258 Korea Electric Power Corporation South Korea
259 KOC Group Türkiye
260 Shanghai Pudong Development Bank
Co., Ltd.
China
261 charter communications corp. USA
262 State Power Investment Group
Co., Ltd.
China
263 Saint-Gobain Group France
264 Daimler Truck Holding
AG
Germany
265 Bayer Group Germany
266 Tyson Foods USA
267 China United Network Communications
Co., Ltd.
China
268 Deere & Company USA
269 Shaanxi Yanchang Petroleum (Group)
Co., Ltd.
China
270 royal bank of canada Canada
271 Novartis Switzerland
272 China State Shipbuilding Corporation Limited China
273 Banco Bradesco Brazil
274 Cisco USA
275 Nationwide Insurance Company USA
276 Allstate USA
277 Cenovus Energy Canada
278 Midea Group Co., Ltd. China
279 China National Machinery Industry
Corporation
China
280 Delta Airlines USA
281 LyondellBasell Industries Netherlands
282 Sumitomo Corporation Japan
283 Anshan Iron and Steel Group Co., Ltd. China
284 Liberty Mutual Insurance Group USA
285 TJX Corporation USA
286 Renault France
287 advance insurance company USA
288 German Edka Company Germany
289 Jinchuan Group Co., Ltd. China
290 tokio marine & nichido fire
insurance co., ltd .
Japan
291 American Airlines Group USA
292 CATL New Energy Technology
Co., Ltd.
China
293 Energi Danmark Group Denmark
294 Toronto TD Bank Canada
295 SoftBank Group Japan
296 Hanwha Group South Korea
297 ING Netherlands
298 CHS Corporation USA
299 Sanofi France
300 French BPCE banking group France
301 Raízen Company Brazil
302 Vodafone Group U.K.
303 Denso Co., Ltd. Japan
304 Performance Food
Group
USA
305 HD Modern Corporation South Korea
306 PBF Energy USA
307 Volvo Group Sweden
308 nike inc. USA
309 French Bouygues Group France
310 Zhejiang Transportation Investment Group
Co., Ltd.
China
311 Best Buy USA
312 Bristol-Myers Squibb Company USA
313 Sushang Construction Group Co., Ltd. China
314 Ingka Group Netherlands
315 ZF Germany
316 Swiss
Re
Switzerland
317 EXOR Group Netherlands
318 BBVA Spain
319 Orange Company France
320 Jingye Group Co., Ltd. China
321 Sumitomo Mitsui Financial Group Japan
322 GS Caltex South Korea
323 China Huadian Group Co., Ltd. China
324 French Veolia Environment Group France
325 Barclays U.K.
326 United Airlines Holdings, Inc. USA
327 Suncor Energy Corporation Canada
328 Thermo Fisher Scientific USA
329 China Minsheng Banking
Corporation Limited
China
330 thyssenkrupp Germany
331 AstraZeneca U.K.
332 Vale Brazil Brazil
333 Pegatron China
334 Qualcomm USA
335 Woolworth Group Australia
336 george weston co. Canada
337 Tata Motors India
338 Abbott Laboratories USA
339 KB Financial Group South Korea
340 SNCF France
341 China Ordnance Equipment Group Corporation China
342 Anda Insurance Company Switzerland
343 GlaxoSmithKline Group U.K.
344 The Coca-Cola Company USA
345 Quanta Computer Corporation China
346 Fresenius Group Germany
347 UBS Switzerland
348 Jiangsu Shagang Group Co., Ltd. China
349 America Telecom Mexico
350 Mizuho Financial Group Japan
351 Shanghai Construction Engineering Group
Co., Ltd.
China
352 Oracle Corporation USA
353 Rajesh Exports Company India
354 Deutsche Bank Germany
355 Telefonica Spain
356 China Coal Energy Group
Co., Ltd.
China
357 Japan KDDI Telecommunications Corporation Japan
358 zurich insurance group Switzerland
359 Shanxi Coking Coal Group
Co., Ltd.
China
360 Xiaomi Group China
361 Nucor USA
362 Continental Germany
363 New Hope Holdings Group
Co., Ltd.
China
364 Kuehne + Nagel Group Switzerland
365 Enbridge Canada
366 National Teachers’ Retirement Foundation USA
367 RWE Group Germany
368 China Electronics Information Industry Group
Co., Ltd.
China
369 WantMutual Financial Services USA
370 L’Oreal France
371 LG Chem South Korea
372 Hyundai Mobis Corporation South Korea
373 Zijin Mining Group
Co., Ltd.
China
374 korea gas corp. South Korea
375 Meiji Yasuda Life
Insurance Company of Japan
Japan
376 Singapore Olam Group Singapore
377 SF Holding Co., Ltd. China
378 Taiwan PetroChina Co., Ltd. China
379 General Dynamics USA
380 Guangzhou Construction Group
Co., Ltd.
China
381 China National Nuclear
Corporation
China
382 japan steel engineering holding co., ltd. Japan
383 Intesa Sanpaolo Italy
384 MS&AD Insurance Group Holdings
Limited
Japan
385 China Taiping Insurance Group
Co., Ltd.
China
386 capital one financial corp. USA
387 HF Sinclair USA
388 Phoenix Pharmaceuticals Germany
389 Shudao Investment Group
Co., Ltd.
China
390 Sainsbury’s U.K.
391 Shenzhen Investment Holding Co.
, Ltd.
China
392 Nutrien Company Canada
393 Dollar General Company USA
394 Magna International Canada
395 Jardine Matheson Group China
396 China Datang Group Co., Ltd. China
397 colombian state oil company Colombia
398 X5 Retail Group Netherlands
399 Canada Bauer Group Canada
400 China Aerospace Science and Industry
Corporation
China
401 Dutch GasTerra Energy Company Netherlands
402 Longfor Group Holdings Co., Ltd. China
403 France Post France
404 Arrow Electronics USA
405 occidental petroleum corp. USA
406 Federal Reserve Bank of Brazil Brazil
407 Mitsubishi Electric Co., Ltd. Japan
408 northwestern mutual life insurance company USA
409 Travelers Company USA
410 Shougang Group Co., Ltd. China
411 Hangzhou Iron and Steel Group Co., Ltd. China
412 Xinjiang Zhongtai (Group)
Co., Ltd.
China
413 Northrop Grumman Corporation USA
414 Guangzhou Industrial Investment Holding Group
Co., Ltd.
China
415 Scotiabank Canada
416 Hapag-Lloyd Germany
417 United Services Automobile Association USA
418 Yamato House Construction Japan
419 Haier Smart Home Co., Ltd. China
420 Compal Computer China
421 Schneider Electric France
422 Finatis France
423 ELO Group France
424 spanish energy group Spain
425 Honeywell International Corporation USA
426 Guangzhou Pharmaceutical Group Co., Ltd. China
427 Guangdong Guangxin Holding Group Co.
, Ltd.
China
428 Spanish ACS Group Spain
429 Vibra Energia Brazil
430 Anglo American U.K.
431 Taikang Insurance Group
Co., Ltd.
China
432 Shaanxi Construction Engineering Holding Group
Co., Ltd.
China
433 bank of montreal Canada
434 CRRC Corporation Limited China
435 Coop Group Switzerland
436 Tongling Nonferrous Metals Group Holdings
Co., Ltd.
China
437 SK Hynix Corporation South Korea
438 Shanghai Pharmaceutical Group
Co., Ltd.
China
439 Lufthansa Group Germany
440 Shandong Hi-Speed ​​Group Co., Ltd. China
441 Suzuki Motors Japan
442 Mitsubishi Chemical Group Japan
443 3M Company USA
444 Inditex Spain
445 British American Tobacco Group U.K.
446 US Foods Holding Company USA
447 Loss Protection Holdings Limited Japan
448 Magnit Corporation Russia
449 Warner Bros. Discovery USA
450 Lennar Corporation USA
451 Shanghai Delong Steel Group
Co., Ltd.
China
452 Italian Post Group Italy
453 Cheung Kong Hutchison Industrial Co., Ltd. China
454 Fomento Económico
Mexicano
Mexico
455 DR Horton Company USA
456 Jabil Corporation USA
457 Samsung C&T Corporation South Korea
458 Cheniere Energy Company USA
459 CRH Corporation Ireland
460 Linde Group U.K.
461 DSV Company Denmark
462 Broadcom Corporation USA
463 Wistron Group China
464 Anhui Conch Group
Co., Ltd.
China
465 Beijing Jianlong Heavy Industry Group
Co., Ltd.
China
466 Hunan Iron and Steel Group Co., Ltd. China
467 Meituan China
468 Lu’an Chemical Group Co., Ltd. China
469 Compass Group U.K.
470 Aisin Japan
471 Canadian Natural Resources Canada
472 SAP Germany
473 Starbucks Corporation USA
474 Metro Germany
475 Molina
Healthcare
USA
476 Tongwei Group Co., Ltd. China
477 Uber
Technologies
USA
478 Xinhua Life Insurance
Co., Ltd.
China
479 Luxshare Precision Industry
Co., Ltd.
China
480 philip morris
international
USA
481 CJ Group South Korea
482 Medtronic Ireland
483 China Aviation Fuel Group
Co., Ltd.
China
484 Netflix USA
485 Migros Group Switzerland
486 NRG Energy USA
487 Mondelēz International USA
488 Air Liquide France
489 Danaher Corporation USA
490 Siemens Energy Germany
491 Saifushi USA
492 Paramount Universal USA
493 Chengdu Xingcheng Investment Group
Co., Ltd.
China
494 Bridgestone Japan
495 Guangxi Investment Group Co., Ltd. China
496 Samsung Life Insurance South Korea
497 Sumitomo Life Insurance Company Japan
498 CarMax USA
499 Japan Mitsubishi Heavy Industries
Co., Ltd.
Japan
500 Xinjiang Guanghui Industrial Investment
(Group) Co., Ltd.
China
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Fortune Plus APP released the latest Fortune Global 500 ranking simultaneously with the world on August 2, 2023, Beijing time. This year, a total of 142 Chinese companies are on the list, and the number of large companies continues to rank first among all countries.

The total operating income of the Fortune Global 500 companies this year is approximately US$41 trillion, an increase of 8.4% over the previous year. The threshold for entering the rankings (minimum sales revenue) also jumped from US$28.6 billion to US$30.9 billion.

Walmart becomes the world’s largest company for the tenth consecutive year. Saudi Aramco rose to second place for the first time. China’s State Grid Corporation of China continues to rank third. Ranked fourth and fifth are Amazon and PetroChina respectively.


Post time: Nov-06-2023