2023 Top 500 China Manufacturers
2023 Top 500 China Manufacturers
Top 500 Chinese Manufacturing Enterprises in 2023
The “Top 500 Chinese Manufacturing Enterprises in 2023” was selected by the China Enterprise Confederation and the China Entrepreneur Association.
First: Sinopec
Second: Sinochem
Third: China Baowu
Fourth to tenth are: China Minmetals, SAIC Group, Huawei Investment Holdings, Hengli Group, Amer Group, FAW Group, Rongsheng Holdings.
The main characteristics of the development of China’s top 500 manufacturing companies in 2023 are:
- The overall scale is growing rapidly
In 2023, the total operating income and asset size of China’s top 500 manufacturing companies both exceeded the 50 trillion yuan mark, and the entry threshold reached a new level of 16.5 billion yuan. The operating income of the top 500 Chinese manufacturing companies in 2023 reached 51.06 trillion yuan, a year-on-year increase of 8.38%; the total assets reached 53.02 trillion yuan, an increase of 11.27% from the previous year; the entry threshold reached 16.550 billion yuan, an increase of 1.772 billion from the previous year. yuan, an increase of 11.99%.
- Business performance declines
In 2023, the top 500 Chinese manufacturing companies achieved a net profit of 1.267703 billion yuan, a decrease of 13.66%. The net asset profit margin was 9.09%, a decrease of 2.11 percentage points from the previous year; the operating income profit margin was 2.48%, a decrease of 0.64 percentage points from the previous year.
- Innovation has achieved remarkable results
Corporate R&D investment has grown steadily. The total R&D expenses of China’s top 500 manufacturing companies in 2023 reached 1.096215 billion yuan, an increase of 3.83% from the previous year; the R&D intensity was 2.33%, which is at a relatively high level in recent years. Looking at different industries, the average R&D expenses in aerospace, communications equipment manufacturing, rail transit equipment manufacturing, and textile printing and dyeing are among the highest.
The quality of innovation results has been significantly improved. In 2023, the number of patents and invention patents owned by China’s top 500 manufacturing companies have both achieved substantial growth, with growth rates of 10.27% and 12.04% respectively. The quality of patents has steadily improved, with invention patents accounting for 44.78%. Specifically, the number of patents reached 1.4384 million, an increase of 133,900 or 10.27% over the previous year; the number of invention patents reached 644,100, an overall increase of 69,200 over the previous year, an increase of 12.04%.
- The pace of development of strategic emerging businesses has accelerated
Among the top 500 Chinese manufacturing companies in 2023, the heavy chemical industry still occupies a major position, and four of the five industries with the largest operating income are heavy chemical industries. At the same time, the pace of development of strategic emerging businesses has accelerated, and most of the companies in the forefront of operating income and net profit growth are companies in strategic emerging industries. The top five industry average operating income growth rates are power and energy storage batteries, wind energy and solar energy (4.510, 0.00, 0.00%) equipment manufacturing, medical equipment manufacturing, computer and office equipment and chemical fiber manufacturing, among which the top three The growth rate reached more than 45%, 59.72%, 49.42%, and 45.54% respectively. The top five industry average profit growth rates are medical equipment manufacturing, power and energy storage batteries, motorcycles and spare parts manufacturing, wind energy and solar equipment manufacturing, and wire and cable manufacturing, with rates of 286.20%, 96.63%, and 68.84% respectively. , 52.39% and 42.65%.
- Positive progress has been made in international operations
Overseas operating income grew rapidly. In 2023, the total overseas operating income of China’s top 500 manufacturing companies will reach 7.20 trillion yuan, an increase of 1.16 trillion yuan from the previous year, with a growth rate of 19.21%. The proportion of overseas operating income in total operating income rebounded to 18.43%, an increase of 1.09 percentage points from the previous year. The scale of overseas assets further expanded. In 2023, the total overseas assets of China’s top 500 manufacturing companies reached 6.89 trillion yuan, an increase of 1.65 trillion yuan from the previous year, with a growth rate of 31.49%.
| Ranking | 2023 Top 500 China Manufacturer | Revenues ($M) |
| 1 | China Petrochemical Corporation | 452,763 |
| 2 | China National Chemical Corporation | 167,050 |
| 3 | China Baowu Steel Group Corporation | 155,387 |
| 4 | China Minmetals Corporation | 128,329 |
| 5 | SAIC Group Corporation | 106,295 |
| 6 | Huawei Investment Holding Co., Ltd. | 91,763 |
| 7 | Hengli Group Co., Ltd. | 87,394 |
| 8 | Zhengwei International Group Co., Ltd. | 86,966 |
| 9 | China First Automobile Group Corporation | 84,257 |
| 10 | Zhejiang Rongsheng Holding Group Co., Ltd. | 82,803 |
| 11 | China North Industries Group Corporation | 79,461 |
| 12 | China Aviation Industry Corporation | 78,483 |
| 13 | Guangzhou Automobile Industry Group Co., Ltd. | 74,326 |
| 14 | Aluminum Corporation of China | 73,943 |
| 15 | Jiangxi Copper Group Co., Ltd. | 72,003 |
| 16 | Shandong Weiqiao Group Co., Ltd. | 71,998 |
| 17 | Dongfeng Motor Group Co., Ltd. | 65,745 |
| 18 | Beijing Automotive Group Co., Ltd. | 64,654 |
| 19 | BYD Co., Ltd. | 60,580 |
| 20 | Shenghong Holding Group Co., Ltd. | 58,860 |
| 21 | Zhejiang Geely Holding Group Co., Ltd. | 58,038 |
| 22 | Hesteel Group Co., Ltd. | 57,238 |
| 23 | Zhejiang Hengyi Group Co., Ltd. | 55,095 |
| 24 | China National Building Materials Group Corporation | 54,308 |
| 25 | China Electronics Technology Group Corporation | 53,668 |
| 26 | Tsingshan Holding Group Co., Ltd. | 52,575 |
| 27 | Haier Group Corporation | 50,089 |
| 28 | China Shipbuilding Industry Corporation | 49,777 |
| 29 | Midea Group Co., Ltd. | 49,387 |
| 30 | China National Machinery Industry Corporation | 49,131 |
| 31 | Ansteel Group Co., Ltd. | 48,088 |
| 32 | Jinchuan Group Co., Ltd. | 47,536 |
| 33 | CATL New Energy Technology Co., Ltd. | 46,942 |
| 34 | Jingye Group Co., Ltd. | 43,921 |
| 35 | China Aerospace Science and Technology Corporation | 42,731 |
| 36 | China North Industries Group Corporation | 41,734 |
| 37 | Jiangsu Shagang Group Co., Ltd. | 41,114 |
| 38 | Xiaomi Group | 40,006 |
| 39 | New Hope Holdings Group Co., Ltd. | 39,809 |
| 40 | China Electronics Information Industry Group Co., Ltd. | 38,752 |
| 41 | Zijin Mining Group Co., Ltd. | 38,618 |
| 42 | China Aerospace Science and Industry Corporation | 35,913 |
| 43 | Shougang Group Co., Ltd. | 35,414 |
| 44 | Hangzhou Iron and Steel Group Co., Ltd. | 35,381 |
| 45 | Xinjiang Zhongtai (Group) Co., Ltd. | 35,327 |
| 46 | Guangzhou Industrial Investment Holding Group Co., Ltd. | 35,160 |
| 47 | Guangzhou Pharmaceutical Group Co., Ltd. | 34,002 |
| 48 | China CRRC Corporation Limited | 33,343 |
| 49 | Tongling Nonferrous Metals Group Holdings Co., Ltd. | 33,240 |
| 50 | Shanghai Pharmaceutical Group Co., Ltd. | 33,140 |
| 51 | Shanghai Delong Steel Group Co., Ltd. | 32,225 |
| 52 | Anhui Conch Group Co., Ltd. | 31,703 |
| 53 | Beijing Jianlong Heavy Industry Group Co., Ltd. | 31,595 |
| 54 | Hunan Iron and Steel Group Co., Ltd. | 31,445 |
| 55 | Lu’an Chemical Group Co., Ltd. | 31,324 |
| 56 | Dover International Holdings Group Co., Ltd. | 30,955 |
| 57 | Tongwei Group Co., Ltd. | 30,697 |
| 58 | Luxshare Precision Industry Co., Ltd. | 30,575 |
| 59 | Hailiang Group Co., Ltd. | 29,624 |
| 60 | Tianneng Holdings Group Co., Ltd. | 28,846 |
| 61 | Jinan Iron and Steel Group Co., Ltd. | 28,552 |
| 62 | Hebei Xinhua United Metallurgical Holding Group Co., Ltd. | 27,268 |
| 63 | Wanxiang Group Co., Ltd. | 27,209 |
| 64 | Zhuhai Gree Electric Appliances Co., Ltd. | 26,998 |
| 65 | WH Group International Limited | 26,988 |
| 66 | Nanjing Iron and Steel Group Co., Ltd. | 26,907 |
| 67 | Hisense Group Tuan Holdings Co., Ltd. | 26,419 |
| 68 | GCL Group Co., Ltd. | 25,986 |
| 69 | Beijing Shounong Food Group Co., Ltd. | 25,764 |
| 70 | Hebei Jinxi Steel Group Co., Ltd. | 25,714 |
| 71 | Shaanxi Nonferrous Metals Holding Group Co., Ltd. | 25,173 |
| 72 | Fosun International Co., Ltd. | 25,056 |
| 73 | Weichai Power Co., Ltd. | 25,023 |
| 74 | Liaoning Fangda Group Industrial Co., Ltd. | 24,797 |
| 75 | Luoyang Luanchuan Molybdenum Industry Group Co., Ltd. | 24,713 |
| 76 | Youngor Group Co., Ltd. | 24,500 |
| 77 | TCL Technology Group Co., Ltd. | 23,805 |
| 78 | Wanhua Chemical Group Co., Ltd. | 23,652 |
| 79 | Wuxi Industrial Development Group Co., Ltd. | 23,077 |
| 80 | Hengtong Group Co., Ltd. | 22,285 |
| 81 | Wuliangye Group Co., Ltd. in Yibin, Sichuan Province | 22,215 |
| 82 | Shanghai Electric Holding Group Co., Ltd. | 21,981 |
| 83 | Zhongtian Steel Group Co., Ltd. | 21,638 |
| 84 | Chery Holding Group Co., Ltd. | 21,431 |
| 85 | Sichuan Changhong Electronics Holding Group Co., Ltd. | 21,048 |
| 86 | Jiangsu Yonggang Group Co., Ltd. | 20,746 |
| 87 | China International Marine Containers (Group) Co., Ltd. | 20,220 |
| 88 | Tongkun Holding Group Co., Ltd. | 20,178 |
| 89 | China Nonferrous Mining Group Co., Ltd. | 19,928 |
| 90 | Shandong Dongming Petrochemical Group Co., Ltd. | 19,795 |
| 91 | Bright Food (Group) Co., Ltd. | 19,656 |
| 92 | Great Wall Motor Co., Ltd. | 19,620 |
| 93 | China Kweichow Moutai Distillery (Group) Co., Ltd. | 19,495 |
| 94 | Ningbo Jintian Investment Holding Co., Ltd. | 19,224 |
| 95 | Nanshan Group Co., Ltd. | 18,660 |
| 96 | Chaowe Power Group Co., Ltd. | 18,548 |
| 97 | Longi Green Energy Technology Technology Co., Ltd. | 18,428 |
| 98 | Muyuan Industrial Group Co., Ltd. | 18,053 |
| 99 | Sany Group Co., Ltd. | 18,032 |
| 100 | Chint Group Co., Ltd. | 17,674 |
| 101 | Lihuayi Group Co., Ltd. | 17,600 |
| 102 | Inner Mongolia Yili Industrial Group Co., Ltd. | 17,596 |
| 103 | ZTE Corporation | 17,565 |
| 104 | Jiuquan Iron and Steel (Group) Co., Ltd. | 17,204 |
| 105 | Heilan Group Co., Ltd. | 17,189 |
| 106 | Hebei Puyang Iron and Steel Co., Ltd. | 17,143 |
| 107 | China Gold Group Co., Ltd. | 16,734 |
| 108 | Wanda Holding Group Co., Ltd. | 16,712 |
| 109 | Baotou Iron and Steel (Group) Co., Ltd. | 16,543 |
| 110 | Jiangsu New Changjiang Industrial Group Co., Ltd. | 16,325 |
| 111 | Jinko Solar Holding Co., Ltd. | 15,866 |
| 112 | TCL Industrial Holdings Co., Ltd. | 15,155 |
| 113 | Goertek Co., Ltd. | 14,985 |
| 114 | Guangdong Haida Group Co., Ltd. | 14,959 |
| 115 | Inspur Group Co., Ltd. | 14,823 |
| 116 | Tianjin Rongcheng Xiangtai Investment Holding Group Co., Ltd. | 14,791 |
| 117 | Zhejiang Fuye Group Co., Ltd. | 14,747 |
| 118 | Fujian Dadonghai Industrial Group Co., Ltd. | 14,728 |
| 119 | Shanxi Pengfei Group Co., Ltd. | 14,710 |
| 120 | Chenming Holdings Co., Ltd. | 14,660 |
| 121 | Xinjiang TBEA Group Co., Ltd. | 14,584 |
| 122 | Xinyu Iron and Steel Group Co., Ltd. | 14,572 |
| 123 | Jiangling Motors Group Co., Ltd. | 14,447 |
| 124 | Xinyang Holdings Co., Ltd. | 14,306 |
| 125 | Guangxi Liuzhou Iron and Steel Group Co., Ltd. | 14,251 |
| 126 | Yuntianhua Group Co., Ltd. | 13,790 |
| 127 | Jiangsu Yueda Group Co., Ltd. | 13,772 |
| 128 | Glory Terminal Co., Ltd. | 13,410 |
| 129 | XCMG Construction Machinery Co., Ltd. | 13,402 |
| 130 | Haiqin Technology Co., Ltd. | 13,235 |
| 131 | Inner Mongolia Mengniu Dairy (Group) Co., Ltd. | 13,228 |
| 132 | China Tower Co., Ltd. | 13,167 |
| 133 | Xinfengming Holdings Group Co., Ltd. | 13,070 |
| 134 | Luzhou Laojiao Group Co., Ltd. | 12,946 |
| 135 | Zhongtian Technology Group Co., Ltd. | 12,892 |
| 136 | Hebei Xinda Steel Group Co., Ltd. | 12,649 |
| 137 | Chongqing Chemical and Pharmaceutical Holdings (Group) Co., Ltd. | 12,641 |
| 138 | Baiyin Nonferrous Group Co., Ltd. | 12,548 |
| 139 | Wu’an Yuhua Steel Co., Ltd. | 12,412 |
| 140 | Rizhao Steel Holdings Group Co., Ltd. | 12,222 |
| 141 | Trina Solar Co., Ltd. | 12,150 |
| 142 | Twin Group (Group) Co., Ltd. | 12,091 |
| 143 | Wens Food Group Co., Ltd. | 11,961 |
| 144 | Jinding Steel Group Co., Ltd. | 11,809 |
| 145 | Sanfangxiang Group Co., Ltd. | 11,767 |
| 146 | Hangzhou Jinjiang Group Co., Ltd. | 11,754 |
| 147 | Sichuan Chuanwei Group Co., Ltd. | 11,652 |
| 148 | Aux Group Co., Ltd. | 11,573 |
| 149 | Lanrun Group Co., Ltd. | 11,546 |
| 150 | Guangxi Shenglong Metallurgical Co., Ltd. | 11,481 |
| 151 | Fuhai Group New Energy Holdings Co., Ltd. | 11,191 |
| 152 | Hongdou Group Co., Ltd. | 11,054 |
| 153 | Huatai Group Co., Ltd. | 11,006 |
| 154 | Shandong Jingbo Holdings Group Co., Ltd. | 10,901 |
| 155 | Tangshan Ganglu Steel Co., Ltd. | 10,729 |
| 156 | Shenzhen Liye Group Co., Ltd. | 10,484 |
| 157 | Zhejiang Satellite Holdings Co., Ltd. | 10,482 |
| 158 | Shandong Jincheng Petrochemical Group Co., Ltd. | 10,450 |
| 159 | Jinao Solar Technology Co., Ltd. | 10,427 |
| 160 | Fujian Energy and Petrochemical Group Co., Ltd. | 10,404 |
| 161 | Hengshen Holdings Group Co., Ltd. | 10,335 |
| 162 | Xinxin Cheng Holding Group Co., Ltd. | 10,312 |
| 163 | Shandong Haike Holding Co., Ltd. | 10,296 |
| 164 | Yanxiang High-tech Holding Group Co., Ltd. | 10,224 |
| 165 | Inner Mongolia Ordos Investment Holding Group Co., Ltd. | 10,223 |
| 166 | Yongrong Holding Group Co., Ltd. | 10,183 |
| 167 | Shandong Sun Holding Group Co., Ltd. | 10,083 |
| 168 | Hebei Xinwuan Steel Group Wenan Steel Co., Ltd. | 10,073 |
| 169 | Shandong Innovation Metal Technology Co., Ltd. | 9,903 |
| 170 | Envision Energy Co., Ltd. | 9,869 |
| 171 | Delixi Group Co., Ltd. | 9,828 |
| 172 | Fuzhou Zhongjing Petrochemical Group Co., Ltd. | 9,649 |
| 173 | Tianjin Youfa Steel Pipe Group Co., Ltd. | 9,623 |
| 174 | Yunnan Tin Group (Holdings) Co., Ltd. | 9,607 |
| 175 | Sanhe Huifu Grain and Oil Group Co., Ltd. | 9,531 |
| 176 | Hongshi Holding Group Co., Ltd. | 9,503 |
| 177 | Hongrun Petrochemical (Weifang) Co., Ltd. | 9,501 |
| 178 | Henan Yuguang Gold and Lead Group Co., Ltd. | 9,487 |
| 179 | Shandong Qirun Holding Group Co., Ltd. | 9,402 |
| 180 | Xinghua Fortune Group Co., Ltd. | 9,376 |
| 181 | Dongfang Runan Group Co., Ltd. | 9,319 |
| 182 | Qicheng (Shandong) Petrochemical Group Co., Ltd. | 9,305 |
| 183 | Futong Group Co., Ltd. | 9,007 |
| 184 | Zhejiang Huayou Cobalt Co., Ltd. | 9,005 |
| 185 | Laofengxiang Co., Ltd. | 9,001 |
| 186 | Nine Dragons Paper (Holdings) Co., Ltd. | 8,950 |
| 187 | Shanshan Holding Co., Ltd. | 8,934 |
| 188 | Xinjiang Tianye (Group) Co., Ltd. | 8,910 |
| 189 | Fujian Baihong Polyfiber Technology Industry Co., Ltd. | 8,909 |
| 190 | Shandong Shouguang Luqing Petrochemical Co., Ltd. | 8,885 |
| 191 | Ningxia Tianyuan Manganese Industry Group Co., Ltd. | 8,853 |
| 192 | Hunan Bo Chang Holding Group Co., Ltd. | 8,747 |
| 193 | Shanxi Jinnan Iron and Steel Group Co., Ltd. | 8,665 |
| 194 | Daohuaxiang Group | 8,646 |
| 195 | Tianrui Group Co., Ltd. | 8,590 |
| 196 | Guangxi Nandan Southern Metal Co., Ltd. | 8,588 |
| 197 | Sinotruk (Hong Kong) Co., Ltd. | 8,520 |
| 198 | Shanghai Huayi Holding Group Co., Ltd. | 8,491 |
| 199 | China Dongfang Electric Corporation | 8,476 |
| 200 | Luli Group Co., Ltd. | 8,357 |
| 201 | Shandong Jinling Group Co., Ltd. | 8,336 |
| 202 | Zhejiang Southeast Grid Group Co., Ltd. | 8,310 |
| 203 | Wingtech Technology Co., Ltd. | 8,297 |
| 204 | Ningbo Fubon Holding Group Co., Ltd. | 8,217 |
| 205 | Mingyang New Energy Investment Holding Group Co., Ltd. | 8,153 |
| 206 | People’s Holding Group Co., Ltd. | 8,137 |
| 207 | Shandong Zhaojin Group Co., Ltd. | 8,062 |
| 208 | Hebei Xinhai Holding Group Co., Ltd. | 8,052 |
| 209 | Shanxi Jincheng Iron and Steel Holding Group Co., Ltd. | 8,025 |
| 210 | Tianjin Bohai Chemical Group Co., Ltd. | 8,007 |
| 211 | Yichang Xingfa Group Co., Ltd. | 7,917 |
| 212 | Huafeng Group Co., Ltd. | 7,911 |
| 213 | Shenzhen Zhongjin Lingnan Nonferrous Metals Co., Ltd. | 7,906 |
| 214 | Fujian Electronic Information (Group) Co., Ltd. | 7,882 |
| 215 | Western Mining Group Co., Ltd. | 7,879 |
| 216 | Shuangliang Group Co., Ltd. | 7,871 |
| 217 | Shanxi Jianbang Group Co., Ltd. | 7,861 |
| 218 | Fujian Jinlun High Fiber Co., Ltd. | 7,708 |
| 219 | Shiheng Special Steel Group Co., Ltd. | 7,698 |
| 220 | Shenzhen Haiwang Group Co., Ltd. | 7,672 |
| 221 | Wudeli Flour Group Co., Ltd. | 7,670 |
| 222 | Skyworth Group Co., Ltd. | 7,642 |
| 223 | Shandong Ruyi Fashion Investment Holding Co., Ltd. | 7,612 |
| 224 | Shandong HSBC Petrochemical Group Co., Ltd. | 7,577 |
| 225 | China Information and Communications Technology Group Co., Ltd. | 7,552 |
| 226 | Jiangsu Huahong Industrial Group Co., Ltd. | 7,551 |
| 227 | Shandong Kenli Petrochemical Group Co., Ltd. | 7,542 |
| 228 | Fujian Sangang (Group) Co., Ltd. | 7,507 |
| 229 | Sanhua Holding Group Co., Ltd. | 7,473 |
| 230 | Zhenshi Holding Group Co., Ltd. | 7,458 |
| 231 | Jiangsu Yangtze River Shipbuilding Group | 7,446 |
| 232 | Sanbao Group Co., Ltd. | 7,443 |
| 233 | Jiangsu Sunshine Group Co., Ltd. | 7,436 |
| 234 | Shandong Bohai Industrial Group Co., Ltd. | 7,408 |
| 235 | Shandong Taishan Steel Group Co., Ltd. | 7,374 |
| 236 | Weigao Group Co., Ltd. | 7,365 |
| 237 | Jiangsu Huaxi Group Co., Ltd. | 7,358 |
| 238 | Yidian Holding Group Co., Ltd. | 7,315 |
| 239 | Far East Holding Group Co., Ltd. | 7,305 |
| 240 | Gimpu Investment Holding Group Co., Ltd. | 7,292 |
| 241 | Hongwang Holding Group Co., Ltd. | 7,287 |
| 242 | Shandong Jiuyang Group Co., Ltd. | 7,283 |
| 243 | Chongqing Xiaokang Holding Co., Ltd. | 7,274 |
| 244 | Shaanxi Automobile Holding Group Co., Ltd. | 7,245 |
| 245 | ANTA Sports Goods Group Co., Ltd. | 7,244 |
| 246 | Xiwang Group Co., Ltd. | 7,234 |
| 247 | Haiqin Rubber Industry Group Co., Ltd. | 7,190 |
| 248 | Jigang Group Co., Ltd. | 7,188 |
| 249 | Jiangsu Daming Industrial Technology Group Co., Ltd. | 7,156 |
| 250 | Ningbo Joyson Electronics Co., Ltd. | 7,113 |
| 251 | Shandong Dongfang Hualong Industry and Trade Group Co., Ltd. | 7,087 |
| 252 | H3C Information Technology Co., Ltd. | 7,046 |
| 253 | Yizhou Group Co., Ltd. | 7,009 |
| 254 | Lu’an Steel Holding Group Co., Ltd. | 6,986 |
| 255 | Wanji Holding Group Co., Ltd. | 6,974 |
| 256 | Jinlong Precision Copper Tube Group Co., Ltd. | 6,954 |
| 257 | Guizhou Phosphate (Group) Co., Ltd. | 6,936 |
| 258 | Jinao Technology (Hubei) Chemical Co., Ltd. | 6,923 |
| 259 | Hubei Yihua Group Co., Ltd. | 6,920 |
| 260 | Xiamen Tungsten Industry Co., Ltd. | 6,889 |
| 261 | Shenzhen Leoch Power Development Co., Ltd. | 6,873 |
| 262 | Sichuan Desheng Group Vanadium and Titanium Co., Ltd. | 6,864 |
| 263 | Zhejiang Shenghua Holding Group Co., Ltd. | 6,802 |
| 264 | Wolong Holding Group Co., Ltd. | 6,718 |
| 265 | Chongqing Bosai Mining (Group) Co., Ltd. | 6,699 |
| 266 | Shandong Luhua Group Co., Ltd. | 6,692 |
| 267 | Shenzhen Transsion Holdings Co., Ltd. | 6,657 |
| 268 | Xinjiang Goldwind Technology Co., Ltd. | 6,634 |
| 269 | Tianjin North China Group Co., Ltd. | 6,590 |
| 270 | Farson Hongsheng Group Co., Ltd. | 6,587 |
| 271 | Henan Yulian Energy Group Co., Ltd. | 6,537 |
| 272 | Hualu Holding Group Co., Ltd. | 6,520 |
| 273 | Liaoning Jiachen Holding Group Co., Ltd. | 6,517 |
| 274 | Sichuan Kelun Industrial Group Co., Ltd. | 6,466 |
| 275 | Sichuan Jiuzhou Investment Holding Group Co., Ltd. | 6,445 |
| 276 | Henan Shenhuo Group Co., Ltd. | 6,418 |
| 277 | Daqo Group Co., Ltd. | 6,403 |
| 278 | China First Heavy Industry Group Co., Ltd. | 6,378 |
| 279 | Jiangsu Sanmu Group Co., Ltd. | 6,366 |
| 280 | Chongqing Mechanical and Electrical Holding (Group) Company | 6,158 |
| 281 | Hunan Yuneng New Energy Battery Materials Co., Ltd. | 6,113 |
| 282 | Ningbo Shenzhou Knitting Co., Ltd. | 6,006 |
| 283 | Hunan Wujiang Holding Group Co., Ltd. | 5,978 |
| 284 | Zoomlion Heavy Industry Co., Ltd. | 5,947 |
| 285 | Peacebird Group Co., Ltd. | 5,944 |
| 286 | Shandong Hengyuan Petrochemical Co., Ltd. | 5,933 |
| 287 | Guangxi Yuchai Machinery Group Co., Ltd. | 5,931 |
| 288 | Anyang Iron and Steel Group Co., Ltd. | 5,892 |
| 289 | Dawn Group Co., Ltd. | 5,809 |
| 290 | Anhui Chujiang Technology New Materials Co., Ltd. | 5,799 |
| 291 | Kingfa Technology Co., Ltd. | 5,773 |
| 292 | Guilin Liyuan Cereals, Oils and Food Group Co., Ltd. | 5,754 |
| 293 | Sungrow Power Supply Co., Ltd. | 5,751 |
| 294 | Changshu Longteng Special Steel Co., Ltd. | 5,722 |
| 295 | Garden Group Limited | 5,684 |
| 296 | Shandong Huatong Holding Group Co., Ltd. | 5,663 |
| 297 | Zhejiang Yongjin Metal Technology Co., Ltd. | 5,651 |
| 298 | Deli Group Co., Ltd. | 5,646 |
| 299 | Juhua Group Co., Ltd. | 5,632 |
| 300 | Semir Group Co., Ltd. | 5,612 |
| 301 | Jiangsu Jiangrun Copper Co., Ltd. | 5,592 |
| 302 | Chongqing Textile Holdings (Group) Company | 5,499 |
| 303 | Hebei Xinwuan Iron and Steel Group Baking Iron and Steel Co., Ltd. | 5,474 |
| 304 | Chongqing Zhifei Biological Products Co., Ltd. | 5,466 |
| 305 | Coopers Holding Group Co., Ltd. | 5,444 |
| 306 | Wantong Haixin Holding Group Co., Ltd. | 5,432 |
| 307 | Henan Jinli Gold and Lead Group Co., Ltd. | 5,424 |
| 308 | Fujian Fuhaichuang Petrochemical Co., Ltd. | 5,424 |
| 309 | Yongding Group Co., Ltd. | 5,416 |
| 310 | Guangdong Desai Group Co., Ltd. | 5,369 |
| 311 | Lishi Group Co., Ltd. | 5,227 |
| 312 | Anhui Jianghuai Automobile Group Holdings Co., Ltd. | 5,225 |
| 313 | Shandong Hengxin Group Co., Ltd. | 5,206 |
| 314 | Hebei Xinghua Steel Co., Ltd. | 5,193 |
| 315 | Shandong Shenchi Holdings Co., Ltd. | 5,189 |
| 316 | Bosideng Co., Ltd. | 5,188 |
| 317 | China Kingho Energy Group Co., Ltd. | 5,184 |
| 318 | Hebei Anfeng Steel Group Co., Ltd. | 5,182 |
| 319 | Pengding Holdings (Shenzhen) Co., Ltd. | 5,173 |
| 320 | Zhejiang Mechanical and Electrical Group Co., Ltd. | 5,104 |
| 321 | Zhejiang Yuanli Metal Products Group Co., Ltd. | 5,096 |
| 322 | Tsingtao Beer Group Co., Ltd. | 5,080 |
| 323 | Jiangsu Binxin Steel Group Co., Ltd. | 5,037 |
| 324 | Wanfeng Aote Holding Group Co., Ltd. | 5,026 |
| 325 | Shanghai Aixu New Energy Co., Ltd. | 5,011 |
| 326 | Xiangchi Holdings Limited | 5,006 |
| 327 | Shanying International Holdings Co., Ltd. | 4,859 |
| 328 | Xinghui Chemical Fiber Group Co., Ltd. | 4,851 |
| 329 | Tianjie Group Co., Ltd. | 4,837 |
| 330 | Daya Technology Group Co., Ltd. | 4,835 |
| 331 | Jiangsu Changdian Technology Co., Ltd. | 4,823 |
| 332 | Dongyue Fluorosilicone Technology Group Co., Ltd. | 4,785 |
| 333 | Nongfu Spring Co., Ltd. | 4,748 |
| 334 | Red Sun Group Co., Ltd. | 4,744 |
| 335 | Sunny Group Co., Ltd. | 4,742 |
| 336 | Handan Zhengda Pipe Manufacturing Group Co., Ltd. | 4,742 |
| 337 | Shandong Zhonghai Chemical Group Co., Ltd. | 4,720 |
| 338 | Hefeng Food Co., Ltd. | 4,687 |
| 339 | Zhejiang Fuchunjiang Communications Group Co., Ltd. | 4,687 |
| 340 | Xizi United Holdings Co., Ltd. | 4,655 |
| 341 | China Construction Credit Holdings Group Co., Ltd. | 4,609 |
| 342 | Zhengzhou Coal Mining Machinery Group Co., Ltd. | 4,578 |
| 343 | Meijin Energy Group Co., Ltd. | 4,576 |
| 344 | Seiko Holdings Group Co., Ltd. | 4,568 |
| 345 | Zhongce Rubber Group Co., Ltd. | 4,556 |
| 346 | Jiyuan Wanyang Smelting (Group) Co., Ltd. | 4,554 |
| 347 | Shengda Group Co., Ltd. | 4,545 |
| 348 | Shanghai Huahong (Group) Co., Ltd. | 4,515 |
| 349 | Holley Group Co., Ltd. | 4,510 |
| 350 | Yadi Technology Group Co., Ltd. | 4,464 |
| 351 | Xingda Investment Group Co., Ltd. | 4,458 |
| 352 | NAIS GROUP CO., LTD. | 4,447 |
| 353 | Huafang Group Co., Ltd. | 4,409 |
| 354 | Tianjin Tasly Health Industry Investment Group Co., Ltd. | 4,405 |
| 355 | Jiuli Group Co., Ltd. | 4,400 |
| 356 | China Lesso Group Holdings Co., Ltd. | 4,395 |
| 357 | Qinghai Salt Lake Industrial Co., Ltd. | 4,393 |
| 358 | Zhejiang Dahua Technology Co., Ltd. | 4,366 |
| 359 | Aosheng Group Co., Ltd. | 4,362 |
| 360 | Jiangsu Shangshang Cable Group Co., Ltd. | 4,353 |
| 361 | Huaxin Cement Co., Ltd. | 4,353 |
| 362 | Zhongwei New Materials Co., Ltd. | 4,335 |
| 363 | Zhejiang Xiehe Group Co., Ltd. | 4,309 |
| 364 | Weifang Special Steel Group Co., Ltd. | 4,309 |
| 365 | Shenzhen Dongguangguang Industrial Development Co., Ltd. | 4,301 |
| 366 | Jiangsu Yanghe Winery Co., Ltd. | 4,301 |
| 367 | Shaanxi Blower (Group) Co., Ltd. | 4,292 |
| 368 | Zibo Qixiang Tengda Chemical Co., Ltd. | 4,259 |
| 369 | Zibo Xintai Petrochemical Co., Ltd. | 4,242 |
| 370 | Jiangsu Super League Investment Group Co., Ltd. | 4,224 |
| 371 | GEM Co., Ltd. | 4,199 |
| 372 | Oriental Risheng New Energy Co., Ltd. | 4,198 |
| 373 | Shanghai Longqi Technology Co., Ltd. | 4,192 |
| 374 | Jindong Paper (Jiangsu) Co., Ltd. | 4,171 |
| 375 | Jianhua Building Materials (China) Co., Ltd. | 4,160 |
| 376 | Suzhou Chuangyuan Investment Development (Group) Co., Ltd. | 4,081 |
| 377 | Guangxi Guigang Iron and Steel Group Co., Ltd. | 4,074 |
| 378 | Guangzhou Libai Kaisheng Holdings Co., Ltd. | 4,060 |
| 379 | Guangxi Agricultural Reclamation Group Co., Ltd. | 4,036 |
| 380 | Zhengzhou Yutong Enterprise Group | 4,016 |
| 381 | Henan Mingtai Aluminum Co., Ltd. | 3,969 |
| 382 | Shengxing Group Co., Ltd. | 3,940 |
| 383 | Echo Bi Group Co., Ltd. | 3,906 |
| 384 | Beijing Shunxin Holding Group Co., Ltd. | 3,903 |
| 385 | Shanghai Yuanyao Agriculture Co., Ltd. | 3,882 |
| 386 | Ningbo Boyang Holding Group Co., Ltd. | 3,882 |
| 387 | Huike Co., Ltd. | 3,876 |
| 388 | Zongshen Industrial Group Co., Ltd. | 3,861 |
| 389 | Guangdong Xiaopeng Automobile Technology Co., Ltd. | 3,836 |
| 390 | Guangxi Liugong Group Co., Ltd. | 3,831 |
| 391 | Wudi Xinyue Chemical Group Co., Ltd. | 3,806 |
| 392 | Tangrenshen Group Co., Ltd. | 3,791 |
| 393 | Binhua Group | 3,787 |
| 394 | Wuxi New Sanzhou Special Steel Co., Ltd. | 3,782 |
| 395 | Tianjin Jiuan Medical Electronics Co., Ltd. | 3,759 |
| 396 | Zhucheng Foreign Trade Co., Ltd. | 3,756 |
| 397 | Yongxing Special Materials Technology Co., Ltd. | 3,733 |
| 398 | Henan Jiyuan Iron and Steel (Group) Co., Ltd. | 3,688 |
| 399 | Tianjin Yuantai Derun Steel Pipe Manufacturing Group Co., Ltd. | 3,679 |
| 400 | Foshan Haitian Seasoning Food Co., Ltd. | 3,659 |
| 401 | Shengtun Mining Group Co., Ltd. | 3,622 |
| 402 | Zhejiang Zhengkai Group Co., Ltd. | 3,594 |
| 403 | Shandong Yongxin Energy Group Co., Ltd. | 3,577 |
| 404 | Tianjin Baolai Industry and Trade Co., Ltd. | 3,500 |
| 405 | Chongqing Wanda Sheet Co., Ltd. | 3,495 |
| 406 | Chongqing BOE Optoelectronics Technology Co., Ltd. | 3,476 |
| 407 | Longbai Group Co., Ltd. | 3,445 |
| 408 | Tangshan Sanyou Group Co., Ltd. | 3,402 |
| 409 | Henan Xinlianxin Chemical Industry Group Co., Ltd. | 3,391 |
| 410 | Chia Tai Tianqing Pharmaceutical Group Co., Ltd. | 3,352 |
| 411 | Shandong Electrical Group Co., Ltd. | 3,324 |
| 412 | Chongqing Panhua Panel Co., Ltd. | 3,322 |
| 413 | Zhongzhe Holding Group Co., Ltd. | 3,303 |
| 414 | Shenzhen Huichuan Technology Co., Ltd. | 3,287 |
| 415 | Gujia Group Co., Ltd. | 3,248 |
| 416 | Shenzhen Defang Nanotechnology Co., Ltd. | 3,222 |
| 417 | Shandong Bohui Group Co., Ltd. | 3,221 |
| 418 | Oppein Home Furnishing Group Co., Ltd. | 3,211 |
| 419 | Double Star Group Co., Ltd. | 3,209 |
| 420 | Renfu Pharmaceutical Group Co., Ltd. | 3,191 |
| 421 | Guangzhou Tianci High-tech Materials Co., Ltd. | 3,188 |
| 422 | Renben Group Co., Ltd. | 3,176 |
| 423 | Hunan Nonferrous Metal Industry Investment Group Co., Ltd. | 3,158 |
| 424 | Hongyuan Green Energy Co., Ltd. | 3,130 |
| 425 | Sailun Group Co., Ltd. | 3,129 |
| 426 | Fujian Changyuan Textile Co., Ltd. | 3,119 |
| 427 | Zhejiang Xin’an Chemical Group Co., Ltd. | 3,115 |
| 428 | Fujian Aonong Biotechnology Group Co., Ltd. | 3,088 |
| 429 | Shandong Shanshui Cement Group Co., Ltd. | 3,068 |
| 430 | Tongfu Microelectronics Co., Ltd. | 3,061 |
| 431 | Panzhihua Steel City Group Co., Ltd. | 3,059 |
| 432 | Sichuan Tequ Investment Group Co., Ltd. | 3,055 |
| 433 | Yingtan Shenghua Metal Co., Ltd. | 3,044 |
| 434 | Jiangsu Hengrui Pharmaceutical Co., Ltd. | 3,039 |
| 435 | Tongling Chemical Industry Group Co., Ltd. | 3,031 |
| 436 | Heilongjiang Feihe Dairy Co., Ltd. | 3,015 |
| 437 | Qingdao Aucma Holding Group Co., Ltd. | 3,005 |
| 438 | Lingyuan Iron and Steel Group Co., Ltd. | 3,004 |
| 439 | Jiangyin Jiangdong Group Company | 3,004 |
| 440 | Guangzhou Shiyuan Electronic Technology Co., Ltd. | 2,999 |
| 441 | Hangzhou Dingsheng Industrial Group Co., Ltd. | 2,981 |
| 442 | Zhejiang Tiansheng Holding Group Co., Ltd. | 2,978 |
| 443 | Emma Technology Group Co., Ltd. | 2,972 |
| 444 | Xinji Aosen Special Steel Group Co., Ltd. | 2,962 |
| 445 | Shandong Alliance Chemical Group Co., Ltd. | 2,958 |
| 446 | Shanghai Qifan Cable Co., Ltd. | 2,949 |
| 447 | AAC Technology Holdings Co., Ltd. | 2,946 |
| 448 | Shenzhen Zhongbao Group Co., Ltd. | 2,924 |
| 449 | Taikai Group Co., Ltd. | 2,922 |
| 450 | China New Aviation Technology Group Co., Ltd. | 2,914 |
| 451 | Tianjin Textile Group (Holdings) Co., Ltd. | 2,906 |
| 452 | Wanxiang Sannong Group Co., Ltd. | 2,906 |
| 453 | Yibin Tianyuan Group Co., Ltd. | 2,906 |
| 454 | Huaihai Holding Group Co., Ltd. | 2,898 |
| 455 | Leo Group Co., Ltd. | 2,895 |
| 456 | Luoyang Refining and Chemical Hongda Industrial Co., Ltd. | 2,889 |
| 457 | Shanghai Weir Semiconductor Co., Ltd. | 2,868 |
| 458 | Shanghai Shenghua Cable Technology Group Co., Ltd. | 2,866 |
| 459 | Changchun FAW Fuwei Auto Parts Co., Ltd. | 2,853 |
| 460 | Dali Food Group Co., Ltd. | 2,851 |
| 461 | Anhui Tiankang (Group) Co., Ltd. | 2,842 |
| 462 | Shanghai Instrument & Electric (Group) Co., Ltd. | 2,840 |
| 463 | Henan Liyuan Group Gas Co., Ltd. | 2,811 |
| 464 | Ningbo Huaxiang Electronics Co., Ltd. | 2,804 |
| 465 | Jiangnan Group Co., Ltd. | 2,736 |
| 466 | Shanxi Gaoyi Steel Co., Ltd. | 2,704 |
| 467 | Golden Monkey Group Co., Ltd. | 2,691 |
| 468 | Dishang Group Co., Ltd. | 2,645 |
| 469 | Weihua Group Co., Ltd. | 2,644 |
| 470 | Ningbo Liqin Resources Technology Co., Ltd. | 2,617 |
| 471 | Xiamen Kinglong Automobile Group Co., Ltd. | 2,606 |
| 472 | Xu Ji Group Co., Ltd. | 2,595 |
| 473 | Guangzhou Radio Group Co., Ltd. | 2,588 |
| 474 | Yunnan Xiangfeng Industrial Group Co., Ltd. | 2,580 |
| 475 | Guangdong Shengyi Technology Co., Ltd. | 2,573 |
| 476 | Ningbo Jifeng Auto Parts Co., Ltd. | 2,567 |
| 477 | Shanxi Xin Energy Group Co., Ltd. | 2,557 |
| 478 | Guangbo Holding Group Co., Ltd. | 2,544 |
| 479 | Guizhou Xijiu Investment Holding Group Co., Ltd. | 2,538 |
| 480 | Guangdong Xingfa Aluminum Co., Ltd. | 2,537 |
| 481 | Anhui Gujing Group Co., Ltd. | 2,515 |
| 482 | Qingdao Haiwan Group Co., Ltd. | 2,514 |
| 483 | Gaojing Solar Energy Co., Ltd. | 2,510 |
| 484 | Tongling Jingda Special Electromagnetic Wire Co., Ltd. | 2,506 |
| 485 | Jingdezhen Black Cat Group Co., Ltd. | 2,493 |
| 486 | Zhejiang Zhongcai Pipeline Technology Co., Ltd. | 2,493 |
| 487 | Minyuan Iron and Steel Group Co., Ltd. | 2,487 |
| 488 | Delis Group Co., Ltd. | 2,486 |
| 489 | Anhui Zhongding Holding (Group) Co., Ltd. | 2,482 |
| 490 | Tianjin Pharmaceutical Group Co., Ltd. | 2,481 |
| 491 | Tellhow Group Co., Ltd. | 2,434 |
| 492 | Guangxi Automobile Group Co., Ltd. | 2,432 |
| 493 | Shandong Linglong Tire Co., Ltd. | 2,429 |
| 494 | Linzhou Fengbao Pipe Industry Co., Ltd. | 2,428 |
| 495 | Guangxi Baise Industrial Investment Development Group Co., Ltd. | 2,419 |
| 496 | Fujian Shengnong Development Co., Ltd. | 2,402 |
| 497 | Jinneng Technology Co., Ltd. | 2,400 |
| 498 | Henan Fengli Petrochemical Co., Ltd. | 2,378 |
| 499 | Qingdao Kangda Holding Group Co., Ltd. | 2,366 |
| 500 | Fujian Furi Electronics Co., Ltd. | 2,364 |
