Huawei overtakes Lenovo to take first place as China's top 500 private companies released

Yio August 25 news: this morning, 2016 China's top 500 private enterprises conference was held in Beijing. The list shows that Huawei Holdings Co., Ltd. with total revenue of 359.009 billion ranked first, Suning Holdings, Shandong Weiqiao Group with 350.288 billion, 333.238 billion respectively, the second and third place. Lenovo, Zhengwei International, Dalian Wanda, China Huaxin, Hengli Group, Jiangsu Shagang and Vanke, ranked four to ten.

In addition, Tan Lin, Director of the Economic Department of the All-China Federation of Industry and Commerce (ACFIC), released the 2016 Report on the Release of the Top 500 Private Enterprises in China. The report shows that in 2015, the threshold for entry into the Top 500 Private Enterprises amounted to 10.175 billion yuan, a net increase of 666 million yuan over the previous year's 9.509 billion yuan.In 2015, the assets of the Top 500 Private Enterprises totaled 1,730.487 billion yuan, with an average of 34.601 billion yuan for each household, an increase of 25.16%.

From an industry perspective, the top 10 industries of the top 500 private enterprises, showing a trend of adjustment from traditional industries to emerging industries, in which the number of companies in the retail industry shortlisted year-on-year has decreased. Below, YEEO will be the top 500 19 retail industry enterprises are organized as follows:

Suning Holdings Group (2nd place)

Founded in 1990, Suning employs 180,000 people, has two listed companies in China and Japan, and has six industrial groups, namely, Suning Yuncheng, Suning Real Estate, Suning Financial Control, Suning Cultural and Creative, Suning Sports and Suning Investment, which have formed a synergistic pattern of development of the six industries, namely, commerce, real estate, finance, cultural and creative, sports and investment.

Among them, Suning Yuncheng, facing the era of Internet, Internet of Things and big data, insists on the essence of retailing, continues to promote O2O change, all-category operation, omni-channel operation, globalization expansion, etc. At present, Suning chain network covers more than 600 cities at home and abroad, with nearly 1,600 stores, of which the online platform, Suning eBay, is in the top three of China's B2C market.

Jingdong Group (11th)

Jingdong formally entered the field of e-commerce in 2004, and in May 2014, Jingdong Group was officially listed on the NASDAQ Stock Exchange in the United States; it is China's first large-scale comprehensive e-commerce platform successfully listed in the U.S. In July 2015, Jingdong was selected as a member of the Nasdaq 100 Index and the Nasdaq 100 Average Weighted Index. Up to now, Jingdong Group has nearly 110,000 formal employees, and its business involves three major fields: e-commerce, finance and technology.

Currently, Jingdong Mall, Jingdong Home, cross-border e-commerce, Jingdong Finance and Jingdong Technology are the five major parts of the Jingdong Group.

Sanko Group Limited (19th)

Ltd. is a large private enterprise group characterized by informationization and based on modern service industry. With big data as the core, it has built three major industries of "finance, health, and consumption" and formed an industrial ecosystem with the five major industries of "gold, wood, water, fire, and earth". The company is striving to become a world-class enterprise organization with Chinese characteristics and sustainable development.

The Group now owns a number of listed companies such as Hongtu Gaoke, Nanjing Xinbai, Wanwei International, Jinpeng Yuankang and Futong Telecom, as well as key domestic and international enterprises such as Hongtu Sanko, Lexus Communications, Hongtu Real Estate, Guangzhou Jinpeng, China Newsweek, Maikoling, LaShou.com, ShangZhou.com, House of Fraser of the United Kingdom, Brookstone of the United States, Natali of Israel and so on, with more than 90,000 employees worldwide, including 30,000 overseas employees. There are more than 100 enterprises under our control, and we have more than 90,000 employees globally, including 30,000 overseas employees.

Xinjiang Guanghui Industrial Investment (Group) Limited Liability Company (20th place)

Xinjiang Guanghui Industrial Investment (Group) Co., Ltd. was founded in 1989, after 27 years of development, the formation of "energy development, automobile services, real estate property" three major industries. 2015, the group completed operating income of 105.3 billion yuan, realizing a net profit of 3.4 billion yuan, is the only one in Northwest China's total assets, operating income exceeded the 100 billion mark, with a total of more than 80,000 employees, It is the only private enterprise in Northwest China whose total assets and operating income exceeded the 100 billion mark, and has more than 80,000 employees.

In the comprehensive layout of the three industries, Guanghui Group also builds two famous brands, Guanghui Men's Basketball and Guanghui Xueliantang Art Museum. Guanghui Men's Basketball was established in 1999 and entered the Chinese Men's Basketball Association (CBA) in 2002.

Wumi Holdings Group Limited (121st)

Since Wumart was the first to establish a general supermarket in Beijing in December 1994, it has owned a variety of businesses including hypermarkets, lifestyle supermarkets, convenience stores, department stores and home shopping malls. Wumart has established a chain retail network serving urban and rural residents in China. Wumart stores cover Beijing, Tianjin, Hebei, Jiangsu, Zhejiang, Shanghai, Shaanxi, Gansu and Ningxia, as well as Guangdong, Lu, Fujian, Hubei, Hunan, Guizhou, Sichuan and Chongqing, with an annual sales volume of more than 40 billion yuan and an annual tax payment of more than 1.8 billion yuan, which is ranked as the top of China's top 100 chain stores. In addition, in 2014, Wumart acquired a controlling stake in the British-funded company China B&Q in China.

BBK Group (138th)

Founded in March 1995 by Wang Filling in Xiangtan, Hunan Province, BBK Group is a large-scale commercial group with three major sections, namely, commerce, real estate and finance, involving retailing, e-commerce, commercial real estate, Internet finance, large-scale logistics and other businesses.

The offline business is mainly concentrated in Hunan, Jiangxi, Guangxi, Sichuan, Chongqing, Yunnan, Guizhou and other southwestern regions. Over the past 20 years, the company has gradually developed into a large-scale commercial group with supermarkets, home appliances, department stores, shopping centers, convenience stores, logistics, e-commerce, apparel, catering and other multi-format business, with 452 stores; the online business has been rolled out throughout the country and even globally.

Hong Yang Group Limited (140th)

Founded in Nanjing, Jiangsu Province in 1996, Hongyang Group, formerly known as Hong Kong Red Sun Group, has formed a comprehensive international enterprise group with synergistic development of three major industries, namely commercial operation, real estate development and property service, as well as investment and financing capability. At present, Hong Yang industry has the following six major segments: urban complex (Hong Yang Plaza), real estate projects, home building materials, logistics and transportation, star-rated hotels and property services.

Beijing Yuntong Guorong Investment Co., Ltd. (206th)

Yuntong Group was founded in the 1980s in Harbin City, Heilongjiang Province. Over the past 20 years, Yuntong has been committed to the development of the automotive industry, and has developed from an initial maintenance factory to a group of companies with dozens of professional 4S stores, becoming one of the most influential automotive service enterprises in China.

In the future, grouping, cross-region operation and brand management is the development mode of Yuntong Group; the operation mode of multi-brand grouping reduces the risk of enterprise operation; from high-end products to intermediate products, the reasonable product layout wins a larger market share for Yuntong. While based on the automobile service industry, the business of Yuntong Group is developing in the direction of diversification, and the scope has been expanded to real estate and other investment fields, and with good performance, to provide strong financial support and sufficient land resources for the establishment of new brand 4S stores, so that we can realize the short-term completion of the planning application and construction work.

Vipshop (China) Limited (213th)

Founded in August 2008 and headquartered in Guangzhou, Vipshop is a website specializing in special sales. Vipshop's main business is the online sale of brand-name discounted goods on the Internet, and its sales products cover medium- and high-end clothing, shoes, bags, household goods, cosmetics, luxury goods, etc. On March 23, 2012, the company was listed on the New York Stock Exchange (NYSE) in the U.S., making it the first e-commerce enterprise in South China to be listed on the NYSE.

Vipshop's business model is an innovative business model of "brand-name discounts + limited-time rush + genuine insurance", with 12-18 new brands at 10:00 a.m. every day, ultra-low discounts and limited-time rush.

Jiangsu Wenfeng Group Co., Ltd. (221st)

Jiangsu Wenfeng Group is a comprehensive enterprise group with commerce and hotel industry as the main body of development. The group owns five-star Nantong Yufei Hotel, four-star Nantong Grand Hotel and Wenfeng Hotel, three-star standard Shanghai Jiayi Hotel and many business hotel chains. Wenfeng World Chain Development Co., Ltd, a chain business enterprise controlled by the group, has more than 800 chain enterprises in various forms, and in June 2011, "Wenfeng Stock" was successfully listed on the Stock Exchange of China, becoming a listed company with market value of 10 billion yuan.

Shanghai Juneyao (Group) Co., Ltd. (251st)

Founded in July 1991, Juneyao Group is a modern service enterprise mainly engaged in industrial investment. Now it has three main businesses, namely air transportation, commercial retailing and financial service, and involves in education service, information technology, investment and other fields, with more than 10,000 employees. Great Eastern, the core enterprise in the commercial retailing segment, is the leading enterprise in department store retailing in Jiangsu Province and the first listed commerce and trade circulation enterprise group in Wuxi City. Juneyao Ruyi Culture is the top brand franchiser in China, the franchiser and retailer of Beijing 2008 Olympic Games, the first batch of senior sponsors of China 2010 Shanghai World Expo, and is now cooperating with Shanghai Disney and others.

Wanma United Holdings Group Limited (258th)

Ltd. is a private enterprise group in China, with business covering electrical cable, medical equipment manufacturing, communication electronics, real estate development, new energy, non-ferrous metal trading and other fields. Facing the new market competition pattern, Wanma United Holding Group will adhere to the corporate culture of "upright people, upright matters, upright products", adhere to the concept of "quality determines strength", vigorously promote the strategies of technological innovation, capital operation and international expansion, and comprehensively promote the further transformation of the Group into a modernized and internationalized enterprise, and make every effort to build a modernized and internationalized enterprise. The Group will further transform itself into a modernized and internationalized enterprise, make every effort to build an "innovative enterprise" and "strength-based enterprise", and achieve the goal of "one hundred years of Wanma".

Golden Flower Investment Holding Group Limited (269th)

Founded in 1991, Golden Flower Investment Group has developed into a large-scale enterprise group involved in investment, pharmaceuticals, commerce, high-tech, e-commerce, hotels, golf, education and other fields and industries, with two listed companies, 20,000 employees and total assets of nearly 40 billion yuan.

Shandong Yuantong Automobile Trade Group Co., Ltd. (305th)

Founded in 1976, with assets of RMB 5 billion and 7,000 employees, Yuantong Group has 19 automobile business parks and more than 20 automobile parts agency centers in Shandong and the surrounding areas, operating 36 automobile brands, 72 accessory brands and more than 100 brands of automobile supplies, and 100 county marketing outlets, forming a unique city, county and village four-level marketing and service network system. The total marketing and service area is more than 2 million square meters.

Rundown Automotive Group Limited (329th)

Rundong Auto is a comprehensive service provider specializing in luxury and high-end automobile brands. Founded in 1998, the group opened its first dealership in Xuzhou, Jiangsu Province in September 2001 and has become one of the largest luxury/super-luxury automobile dealerships headquartered in East China after rapid development. By the end of 2015, the Group's network of stores totaled 70, mainly serving consumers in Jiangsu, Shandong, Shanghai, Zhejiang and other affluent coastal areas mainly in East China. On August 12, 2014, the Group was successfully listed on the Main Board of the Hong Kong Stock Exchange.

Zhejiang Donghang Holding Group Co., Ltd (407th)

Zhejiang Donghang Holding Group Co., Ltd. is a group-type private enterprise with all natural person's capital, which is managed by Hu Baoquan. The group's existing business covers steel trading, industrial manufacturing and iron ore resources mining, real estate management and other three sunrise industry chain. The group consists of 11 subsidiaries, net assets of 450 million yuan, total assets of more than 1 billion yuan, the parent company registered capital of 100 million yuan.

Jiangsu Huadi International Holding Group Co., Ltd. (446th)

Jiangsu Huadi International Holding Group Co., Ltd. is a large-scale enterprise group focusing on investment and management in the field of retail chain with a strategic focus on the Yangtze River Delta region, and was successfully listed on the Main Board of Hong Kong in 2010.

After decades of development, Huadi International has developed into a leading dual-mode retail chain store operator in the pan-Yangtze River Delta that operates department stores and supermarkets at the same time, forming three core brands, namely "Yaohan", "Huadi Department Store", and "Daitonghua". It has formed three core brands, namely "Yaohan", "Huadi Department Store" and "Datonghua", and its network layout spans nearly ten cities in Jiangsu and Anhui provinces, including Nanjing, Wuxi, Zhenjiang and Maanshan. By the end of 2014, Huadi International has nearly 50 large chain stores with an operating area of more than 1.2 million square meters.

Oulong Motor Trade Group Limited (457th)

Established in February 1995, Oulong Automobile Group is a national comprehensive automobile group company with no region, invested by Lin Jianzhong. The business scope covers motor vehicle driving school, new car sales, automobile maintenance, parts sales, used car business, car clubs, automobile derivative services and motor vehicle testing and other complete automobile industry chain of professional automobile and automobile service enterprises.

After 21 years of operation, Oulong Group now has more than 30 brand stores of 15 famous car brands such as Mercedes-Benz, Jaguar, Land Rover, Chrysler, Dodge, JEEP, GAC FIC, FAW-Volkswagen, Ford, Chevrolet, Dongfeng Peugeot, Dongfeng Citroen, etc., a motor vehicle inspection and service center, and an automobile driving school, with a wide range of products to meet the needs of different customer groups, and one of the largest automobile dealer groups in the south Zhejiang area. It is one of the largest auto dealer groups in South Zhejiang.

Chengdu Red Flag Chain Company Limited (500th)

Red Flag Chain was founded on June 22, 2000, and on June 9, 2010, it was changed to Chengdu Red Flag Chain Co. The company has developed into the largest commercial chain enterprise integrating chain operation, logistics and distribution, and e-commerce in western China, and is the first convenience supermarket chain listed in China's A-share market.

At present, it has opened more than 2,400 chain supermarkets in Sichuan Province, employed 17,000 employees, and paid more than 400 million yuan in taxes and social security in 2015; it has four logistics and distribution centers.