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Jinhua Enterprises on Top 500 List
Post Time: 07/09/2018


On August 29, the All-China Federation of Industry and Commerce (ACFIC) released the list of China’s Top 500 Private Enterprises of 2018. A total of 93 enterprises in Zhejiang are listed, eight of which are in Jinhua.

Compared to last year, the list of 2018 has changed significantly. 104 enterprises made the list for the first time. Meanwhile, the minimum operating revenue to make the list has soared to 15.684 billion RMB.

Among enterprises founded by Jinhuas entrepreneurs, Fosun International Limited ranks 49th, with an operating revenue of 88 bn RMB; Guangsha Holding Group Co., Ltd. ranks 57th with 80.5 bn RMB; Zhongtian Holding Group Limited ranks 64th with 76.4 bn RMB.

Among the enterprises whose headquarters are located in Jinhua, Hongshi Holding Group Co., Ltd. ranks 219th, with an operating revenue of 33.3 bn RMB, followed by Garden Group Co., Ltd., ranking 320th with 23.5 bn RMB; Sanding Holdings Group Co., Ltd., ranking 367th with 20.5 bn RMB; Zhejiang Haitian Construction Group Co., Ltd., ranking 444th with 17.3 bn RMB; and Qunsheng Group Co., Ltd., ranking 456th with 17 bn RMB.

Last year Zhejiang had 120 enterprises on the list, while only 93 of Zhejiang’s enterprises are listed this year, which shows more intense competition. In addition,

the enterprises which did not apply for the selection were not chosen on the top 500 list. (By Xu Chaohui, translated by Jin Haiqiong, edited by Kendra Fiddler)


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