China's Top 500 Companies Announced: Sinopec Ranks 3rd, Wanhua 149th, Kingfa 410th
On September 15, the China Enterprise Confederation and the China Enterprise Directors Association released the "China Top 500 Enterprises" for the 24th consecutive time, using the 2024 corporate revenue as the qualifying standard.
2025 China Top 500 EnterprisesThe operating revenue reached 110.15 trillion yuan, an increase compared to last year's top 500. The entry threshold has risen for 23 consecutive years, reaching 47.96 billion yuan, an increase of 579 million yuan. The total assets amounted to 460.85 trillion yuan, an increase of 7.46%.
2025 China Top 500 EnterprisesA total of 1.73 trillion yuan was invested in research and development; the R&D intensity reached a new high of 1.95%, increasing for eight consecutive years. The quality of innovation output continued to improve, with the top 500 enterprises holding a total of 2.2437 million valid patents, an increase of 214,000 patents compared to the previous year, representing a growth of 10.54%.
2025 China Top 500 EnterprisesThere are 39 newly listed or re-listed companies, among which the automotive and auto parts manufacturing, as well as logistics and supply chain sectors, saw the largest increase, with a total of 6 new entrants. The computer, communication, and other electronic equipment manufacturing industry, as well as telecommunications and Internet information services, lead in multiple indicators and have made outstanding contributions in areas such as R&D expenses, patents, and standards.
The top 5 are State Grid, China National Petroleum Corporation, Sinopec, China State Construction Engineering, and Industrial and Commercial Bank of China. Others include CNOOC (18, ranking), Hengli Group (21), Huawei (23), BYD (26), Rongsheng Group (32), Shenghong Group (40), Hengyi Group (54), Xiaomi (76), CATL (77), Tongwei Group (118), and China National Chemical Corporation (134).）BOE Technology (137), Wanhua Chemical (149), Pingmei Shenma (159), TCL Technology (161), JinkoSolar (279), LONGi (301), Yuntianhua (304), NIO (367), Kingfa Sci. & Tech. (410), Huafeng Group (413), Sunwoda (439), Dawnrays (500).
The "2025 Top 500 Chinese Enterprises" list
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