Eight Ningbo enterprises listed among top 500 Chinese enterprises
- Details
- Category: Ningbo Business
- Published: Tuesday, 04 September 2012 09:26
On September 1, the list of the top 500 Chinese enterprises in 2012 was released in Changchun. Eight Ningbo enterprises rank among the top 500, the same result as in last year. In addition, 12 Ningbo enterprises are listed among the top 500 manufacturing enterprises and 25 Ningbo enterprises are listed among the top 500 service enterprises.
According to the list jointly released by China Enterprise Federation and China Entrepreneur Association, Sinopec is still the No.1 for eight years in a row with the total revenue of 2.55 trillion yuan, followed by CNPC, State Grid, ICBC, CBC, China Mobile, ABC, BOC, CSCEC and CNOOC.
It is learned that the total revenue of the top 500 enterprises reaches 44.9 trillion yuan, with all the shortlisted enterprises having the revenue of over 17.51 billion yuan, an increase of 3.31 billion yuan over the previous year.
Among the eight Ningbo enterprises shortlisted among the top 500, four enterprises rank significantly higher than the previous year, three enterprises decline in ranking and one remains the same. In terms of revenue, in 2011 the eight enterprises realized the total revenue of 215.74 billion yuan, an increase of 39.219 billion yuan or 22.22% over the previous year. The revenue of Youngor Group, Aux Group, Jintian Group and Grand Group Corporation respectively surpasses 30 billion yuan.
12 Ningbo enterprises are listed among the top 500 Chinese manufacturing enterprises. Besides the five of the eight enterprises listed in the top 500 Chinese enterprises (except Grand Group Corporation, Future Investment Co. Ltd. and Yinyi Group Company), seven more enterprises are shortlisted. They are Veken Group Co. Ltd., Evergreen Group, Lishi Group, Haitian Plastics Machinery, Shenzhou International Group Holdings Limited, Beyond Group and Huaxiang Group.
The threshold value of revenue for enterprises shortlisted in the top 500 Chinese service enterprises is 2.27 billion yuan, up by 15.1% over the previous year. This year, 25 Ningbo enterprises are listed in the top 500, ranking among the leading cities in China. Specifically speaking, Grand Group Corporation ranks No.95 with the total annual revenue of 31.286 billion yuan. And four other enterprises rank among the top 200, including Yinyi Group Company (No.120), China-Base Ningbo Foreign Trade Co. Ltd. (No.146), Ningbo Sunhu Chemical Products Co. Ltd. (No.155) and East-China Material Market Group (No.200).
