Hurun top 500 Chinese private enterprises list starts Ningde era ranked 25th

Published: Jan 9, 2020 18:50

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Ningde era into the top 100, ranked 25th, and there are a number of new energy industry chain enterprises into the top 500.

SMM1, Jan. 9: on January 9, Hurun Research Institute released "2019 Hurun China Top 500 Private Enterprises" (hereinafter referred to as "list"). Alibaba, Tencent and Ping an Insurance have become the top three most valuable private enterprises in China with a market value of 3.8 trillion, 2.9 trillion and 1.5 trillion respectively, while Huawei ranks fourth with a valuation of 1.2 trillion.

The threshold for "2019 Hurun China Top 500" is 14 billion yuan. The total market value of the companies on the list is 36 trillion yuan, equivalent to 40% of China's GDP. The average market value is 71 billion yuan.

Among them, Ningde era entered the top 100, ranked 25th, and there are a number of new energy industry chain enterprises into the top 500. As a new energy enterprise, Ningde era has been classified into advanced manufacturing, advanced manufacturing mainly refers to the successful application of high and new technology in the product research and development, production process, to achieve higher economic benefits and market effects of the manufacturing industry. It mainly includes biomedicine, high-end equipment manufacturing, new energy, new materials, environmental protection equipment, aerospace and other fields. Among the emerging industries, advanced manufacturing accounted for 51%.

According to the latest statistics, the installed capacity of power batteries in China will increase by 9.3% in 2019 compared with the same period last year. In the Ningde era, the installed capacity was 31.71 GWh, accounting for 51.01%, leading the way.

In addition, a number of new energy enterprises appeared in the list, with BYD at the top of the list. Yiwei Lithium Energy, Tianqi Lithium Industry, Ganfeng Lithium Industry, Huayu Cobalt Industry and Putai New Energy are worth more than 30 billion yuan. The value of Sequoia Group and Hanrui Cobalt Industry is 17.4 billion yuan.

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