On September 25, research and analysis report of Chinas Top 500 Private Enterprises 2021 was released. 7 Foshan enterprises made it to the list, among which Country Garden ranks the 7th across China. Here is more information of the seven companies:

1

Country Garden Holdings LTD

Revenue reach 462.856 billion yuan in 2020, ranking 7

2

Midea Group Co., Ltd.

Revenue reach 285.710 billion yuan in 2020, ranking 16

3

Midea Real Estate Holding LTD

Revenue reach 52.484 billion yuan in 2020, ranking 182

4

Hongwang Group

Revenue reach 43.013 billion yuan in 2020, ranking 234

5

Xinghai Copper and Aluminum Industry Co., Ltd.

Revenue reach 40.712 billion yuan in 2020, ranking 247

6

Lesso Technology Co., Ltd.

Revenue reach 28.073 billion yuan in 2020, ranking 388

7

Galanz Group

Revenue reach 24.646 billion yuan in 2020, ranking 464

Foshan enterprises on the list are highly engaged in manufacturing industry, with a bigger proportion than that of national level. Five of the seven companies in Foshan, accounting for 71.4 percent, work on manufacturing, according to statistics. In terms of regional distribution, all seven Foshan companies listed are from Shunde District and Nanhai District.

On the list of Chinas top 500 Private Enterprises in 2021, Huawei ranks the first. Five of the top eight companies are from Guangdong, including Huawei, Amer International Group, Country Garden, Tencent and Vanke, among which Country Garden is from Foshan.

Author | Jessica

Revisor | Jersey