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The OBPAI Geek Team•2026/9/22•0 阅读

China Private Firms 2026

Snapshot 2026-09-22. ACFIC 2026 Top 500 Chinese Private Enterprises (Tianjin release): JD.com CNY 13,090.85bn No. 1, Alibaba breaks 1 trillion at CNY 10,167.44bn. FY2025 revenues. Total CNY 44.93tn across 500 private giants. Floor at CNY 255.99bn.

private firmsACFICJD.comAlibabaHuaweiBYD2026
China Private Firms 2026 - 天梯图与数据榜单

Snapshot 2026-09-22. The All-China Federation of Industry and Commerce (ACFIC) officially released the "2026 Top 500 Chinese Private Enterprises" roster in Tianjin on 22 September 2026. Derived from the 28th Large-scale Private Enterprise Survey covering 6,350 firms with revenues above CNY 1 billion, this definitive list ranks companies by audited FY2025 operating revenues. JD.com secured the No. 1 position with CNY 13,090.85 billion, while Alibaba followed with CNY 10,167.44 billion, marking two private titans operating above the trillion-yuan threshold. The comprehensive state-inclusive ranking: China 500 2026.

China Top 500 Private Enterprises 2026 Tier Board

Complete ACFIC 2026 China Top 500 Private Enterprises Roster (Ranks 1–500)

Revenue figures in CNY billions. Across the Top 500, a record 110 enterprises surpassed the CNY 100 billion benchmark, with an entry threshold of CNY 25.599 billion (Linglong Group). Below is the complete official 500-enterprise roster without omissions:

#Enterprise NameHeadquartersRevenue (CNY bn)
1JD.comBeijing13090.85
2Alibaba (China)Zhejiang10167.44
3Hengli GroupJiangsu8990.69
4Huawei Investment & HoldingGuangdong8809.41
5BYDGuangdong8039.65
6Tencent HoldingsGuangdong7517.66
7Zhejiang Rongsheng HoldingZhejiang6816.15
8Zhejiang Geely HoldingZhejiang6315.55
9Legend HoldingsBeijing6059.45
10Shandong Weiqiao PioneeringShandong5915.65
11Shenghong HoldingJiangsu5880.28
12Zhejiang Hengyi GroupZhejiang5015.66
13Midea GroupGuangdong4585.02
14XiaomiBeijing4572.87
15Tsingshan HoldingZhejiang4322.00
16CATLFujian4237.02
17Taikang InsuranceBeijing3731.88
18Jingye GroupHebei3691.18
19MeituanBeijing3648.55
20Luxshare PrecisionGuangdong3323.44
21Xinfa GroupShandong3207.96
22SF HoldingGuangdong3082.27
23Nanshan GroupShandong2860.15
24Hailiang GroupZhejiang2693.40
25Jiangsu Shagang GroupJiangsu2658.19
26Jinan Iron & Steel GroupHebei2655.38
27Tongwei GroupSichuan2558.95
28Delong Steel GroupTianjin2510.34
29Beijing Jianlong Heavy IndustryBeijing2458.36
30Tongkun HoldingZhejiang2272.24
31DiDiBeijing2267.01
32Great Wall MotorHebei2228.24
33Hengtong GroupJiangsu2202.28
34Tianneng HoldingZhejiang2168.09
35Wanxiang GroupZhejiang2153.86
36CMOC GroupHenan2066.84
37Zenith Steel GroupJiangsu1939.03
38CHINT GroupZhejiang1850.31
39TCL TechnologyGuangdong1842.11
40Youngor GroupZhejiang1811.57
41East Hope GroupShanghai1811.40
42Lihuayi GroupShandong1752.18
43Fosun InternationalShanghai1734.25
44Huaqin TechnologyShanghai1714.37
45Gree ElectricGuangdong1711.18
46Ant GroupZhejiang1708.90
47TCL IndustriesGuangdong1706.94
48Yongzhuo HoldingJiangsu1655.40
49Wanda Holding GroupShandong1650.68
50Seres GroupChongqing1650.54
51Zhongsheng GroupLiaoning1644.03
52Xinhua MetallurgicalHebei1617.35
53Jointown PharmaceuticalHubei1613.90
54Hongrun PetrochemicalShandong1611.49
55Dongming PetrochemicalShandong1596.39
56Zall Smart CommerceHubei1550.29
57HLA GroupJiangsu1518.29
58Xinfengming HoldingZhejiang1514.94
59Jintian HoldingZhejiang1508.18
60Fuye GroupZhejiang1506.36
61Zhejiang China-Base NingboZhejiang1503.18
62ENN GroupHebei1501.00
63Muyuan Industrial GroupHenan1491.10
64Sany GroupHunan1484.82
65GCL GroupJiangsu1451.30
66Digital China GroupGuangdong1437.51
67China Minsheng BankBeijing1428.65
68Kuaishou TechnologyBeijing1427.76
69Qiya GroupSichuan1414.74
70Transfar GroupZhejiang1413.39
71Chilwee GroupZhejiang1411.75
72Rockcheck SteelTianjin1397.02
73Tongcheng TravelJiangsu1382.45
74Jinxi Iron & SteelHebei1380.05
75Xinda Iron & SteelHebei1368.38
76Puyang Iron & SteelHebei1366.44
77Dadonghai IndustrialFujian1320.04
78Huayou HoldingZhejiang1316.38
79Baidu, Inc.Beijing1290.79
80Haida GroupGuangdong1284.68
81Yunzhanghu TechnologyTianjin1276.42
82Luqing PetrochemicalShandong1259.03
83Qicheng PetrochemicalShandong1231.57
84New Changjiang GroupJiangsu1229.54
85Xinhai Holding GroupHebei1200.00
86Twins GroupJiangxi1192.42
87Satellite ChemicalZhejiang1166.33
88Yili GroupInner Mongolia1159.31
89Eversun HoldingFujian1150.16
90Zhongjing PetrochemicalFujian1134.84
91NetEaseZhejiang1126.26
92Li AutoBeijing1123.13
93Chambroad Holding GroupShandong1108.00
94Shenglong MetallurgyGuangxi1105.00
95ZTT GroupJiangsu1096.83
96HNA Aviation GroupHainan1086.06
97New Hope LiuheSichuan1068.56
98Taihang Iron & SteelHebei1068.26
99Pengfei GroupShanxi1060.45
100VipshopGuangdong1059.20
101Highsun Holding GroupFujian1053.89
102Pinduoduo (PDD Holdings)Shanghai1038.69
103Wens Foodstuff GroupGuangdong1038.62
104Envision EnergyJiangsu1031.37
105Fubang Holding GroupZhejiang1028.89
106TBEA GroupXinjiang1023.79
107Fuhai Group New EnergyShandong1012.26
108Fangda Steel GroupJiangxi1011.08
109Huatai GroupShandong1002.63
110GreatStar HoldingZhejiang1001.74
111Liye GroupGuangdong983.90
112Longfor GroupChongqing973.09
113Huineng Holding GroupInner Mongolia971.47
114GoertekShandong965.50
115Sunshine Insurance GroupGuangdong946.05
116KE Holdings (Beike)Beijing945.80
117Fangtongzhou HoldingBeijing935.09
118Qirun Holding GroupShandong928.36
119Tranvic GroupSichuan925.12
120Jiujiang Wire RodHebei906.57
121Yitai GroupInner Mongolia899.04
122Sungrow Power SupplyAnhui891.84
123Runan GroupJiangsu889.61
124NIO Inc.Anhui879.17
125Yuhua Iron & SteelHebei878.19
126Zhongtian Holding GroupZhejiang850.32
127Sun Paper HoldingShandong836.69
128Binjiang Real EstateZhejiang828.88
129Taifeng Shenghe HoldingShaanxi826.93
130People Holding GroupZhejiang821.13
131Xinlicheng Holding GroupGuangdong820.06
132AUX GroupZhejiang816.28
133Nandan Nanfang MetalsGuangxi815.02
134Dongheng PetroleumZhejiang803.81
135ANTA Sports ProductsFujian802.19
136Tianyuan Manganese IndustryNingxia791.78
137Nine Dragons PaperGuangdong791.35
138Ganglu Iron & SteelHebei777.89
139Rizhao Steel HoldingShandong776.51
140Chuangxin Metal TechnologyShandong768.19
141XPeng MotorsGuangdong767.94
142Xinjin Iron & SteelHebei766.53
143New H3C TechnologiesZhejiang759.85
144Delixi GroupZhejiang758.31
145YTO ExpressShanghai752.77
146Hangzhou Jinjiang GroupZhejiang752.31
147Baofeng GroupNingxia751.90
148Wellhope FoodsLiaoning746.43
149Grand Resource GroupZhejiang744.89
150Lens TechnologyHunan744.10
151Haike HoldingShandong741.33
152Hengxin Auto GroupHubei734.28
153Jiangsu Guotai InternationalJiangsu732.86
154Goldwind Science & TechnologyXinjiang730.23
155Jinli Gold & Lead GroupHenan726.50
156Huabei GroupTianjin725.87
157Jincheng Steel HoldingShanxi725.33
158Xinghua Wealth GroupHebei725.29
159Shengxing GroupShandong722.53
160Tongding GroupJiangsu721.27
161Jinlun High-fiberFujian718.66
162Xiuzheng PharmaceuticalJilin712.02
163Dongfang Hualong GroupShandong710.01
164MysteelShanghai706.93
165LONGi Green EnergyShaanxi703.47
166Skyworth GroupGuangdong703.24
167Huatec Rubber IndustryShandong702.95
168Mingyang New EnergyGuangdong700.01
169Jinling GroupShandong698.21
170Yongdao Holding GroupGuangdong688.10
171BlueFocus IntelligentBeijing686.93
172Luli GroupShandong682.17
173Jinnan Iron & SteelShanxi671.85
174Trina SolarJiangsu669.75
175Sanhua Holding GroupZhejiang667.05
176Zhenshi Holding GroupZhejiang664.57
177Bosai Minerals GroupChongqing662.99
178Mingming Henmang RetailHunan661.70
179Southeast Space FrameZhejiang655.97
180Transsion HoldingsGuangdong655.91
181JinkoSolarJiangxi654.92
182Kingfa Science & TechGuangdong653.96
183Yidian Holding GroupHenan653.22
184Hongwang Holding GroupGuangdong650.58
185Joyson Holding GroupZhejiang650.56
186Far East Holding GroupJiangsu650.44
187LeapmotorZhejiang647.32
188Jianbang GroupShanxi646.04
189Nantong No.4 ConstructionJiangsu645.48
190Bohai Industrial GroupShandong645.08
191Sunwoda ElectronicGuangdong632.46
192Huifu Grain & OilHebei626.34
193Trip.com GroupShanghai625.10
194Kenli Petrochemical GroupShandong620.05
195Panhua GroupJiangsu618.12
196Qiancheng InvestmentZhejiang615.07
197EVE EnergyGuangdong614.70
198Daohuaxiang GroupHubei610.36
199Chujiang New MaterialsAnhui605.77
200Sanbao GroupFujian603.49
201Huafon GroupZhejiang601.60
202Zongshen Industrial GroupChongqing600.12
203Fujia GroupLiaoning599.75
204Qianxihe CateringHebei596.52
205Shuanghui DevelopmentHenan594.60
206Zhongcheng Holding GroupZhejiang583.11
207Wolong Holding GroupZhejiang578.98
208Wumart Technology GroupBeijing577.39
209Jinao Chemical TechnologyHubei569.40
210Longxin Construction GroupJiangsu566.23
211Wanyang Smelting GroupHenan561.38
212Hongyang GroupJiangsu560.89
213Desay GroupGuangdong559.89
214Shuangliang GroupJiangsu557.40
215Wantong Haixin HoldingShandong557.39
216Peacebird GroupZhejiang556.19
217STO ExpressShanghai555.86
218AISIDIGuangdong552.22
219Erdos Holding GroupInner Mongolia551.54
220Shiheng Special SteelShandong549.29
221Bochang Holding GroupHunan548.31
222Shenghua Holding GroupZhejiang542.96
223Jiuyang GroupShandong540.91
224Tongzhou ConstructionJiangsu535.25
225Yonghui SuperstoresFujian535.08
226Seazen HoldingsShanghai530.12
227Nongfu SpringZhejiang525.53
228Rishan Computer AccessoriesZhejiang525.53
229Xintai PetrochemicalShandong523.92
230Wanyang GroupZhejiang523.45
231Huitongda NetworkJiangsu522.97
232Yadea Technology GroupJiangsu521.60
233Wudeli Flour GroupHebei519.38
234Haitian ManagementZhejiang516.64
235Fengli PetrochemicalHenan515.72
236Dawn GroupShandong515.64
237Yunda HoldingZhejiang514.75
238Wanchen Foodstuff GroupFujian514.59
239Hesheng GroupZhejiang514.32
240Lingyi iTECHGuangdong514.29
241IBI Global (Guolian)Beijing509.81
242Wujiang Holding GroupHunan506.86
243Youfa Steel Pipe GroupTianjin506.71
244OPPO Chongqing Intelligent TechChongqing504.87
245Bosideng CorporationJiangsu502.76
246J&T ExpressShanghai496.26
247Yutong GroupHenan493.75
248Luckin CoffeeFujian492.88
249JA Solar TechnologyHebei491.29
250ZTO ExpressZhejiang490.99
251Suning.comJiangsu489.58
252Red Lion Holding GroupZhejiang488.23
253Deli GroupZhejiang488.06
254Liyuan Grain & Oil Food GroupGuangxi487.57
255Sichuan Yekong GroupSichuan484.48
256CNGR Advanced MaterialGuizhou481.40
257Chengxin GroupHebei476.82
258Xinlinfei InvestmentJiangsu474.77
259Vital Materials (Pioneer)Guangdong473.02
260Weixing GroupZhejiang472.13
261Longteng Special SteelJiangsu471.85
262Shengfeng GroupGuangdong471.36
263Full Truck Alliance (YMM)Jiangsu470.06
264Tiangong Advanced MaterialsJiangsu469.69
265Anfeng Iron & Steel GroupHebei469.14
266NHU Holding GroupZhejiang467.01
267Hengxin GroupShandong462.62
268Baoye Construction GroupZhejiang458.38
269Fuyao Glass Industry GroupFujian457.87
270World Precise Machinery GroupJiangsu457.04
271Jiangrun CopperJiangsu455.19
272Taidi Holding GroupZhejiang453.90
273Inovance TechnologyGuangdong451.05
274Gotion High-techAnhui450.70
275Yongding GroupJiangsu450.23
276Tianda Enterprise GroupAnhui444.95
277CALB GroupJiangsu444.00
278Aosen Special SteelHebei443.14
279Hongrong Iron & SteelHebei442.61
280Daming Industrial Science & TechJiangsu442.21
281Befar GroupShandong442.10
282Huadong MedicineZhejiang436.12
283Zhengkai GroupZhejiang434.84
284Sunny Optical Technology GroupZhejiang432.29
285Semir GroupZhejiang430.65
286Mengtai GroupInner Mongolia430.63
287Xinyue Chemical GroupShandong426.73
288Yongjin Metal TechnologyZhejiang426.46
289Shenzhou International (Ningbo)Zhejiang424.44
290Yalu GroupJiangsu423.76
291Haiwaihai GroupZhejiang423.14
292Chengli Automobile GroupHubei422.45
293Billion Industrial HoldingFujian421.95
294Minhai Energy Science & TechFujian421.50
295Longcheer TechnologyShanghai421.25
296Zhongyifeng Holding GroupJiangsu418.04
297Jianhua GroupZhejiang415.71
298Camel GroupHubei415.59
299Jiuli GroupZhejiang415.09
300Dekon Holding GroupSichuan413.74
301Yulian Energy GroupHenan412.14
302Tianjie GroupZhejiang411.78
303Causeway Bay CommercialGuangdong409.96
304Xinhui MetallurgyHebei409.59
305HKC CorporationGuangdong408.97
306Jinfeng Cement GroupJiangsu408.12
307Dahua GroupShanghai407.56
308Wanfeng Auto Holding GroupZhejiang406.84
309Neptunus GroupGuangdong406.81
310Zongteng GroupFujian404.18
311Zhongzhe Holding GroupZhejiang403.26
312Canadian Solar (CSI Solar)Jiangsu402.56
313Lygend MiningZhejiang402.40
314Boshen Industrial GroupHunan402.01
315Huayuan GroupZhejiang401.64
316DSBJ (Dongshan Precision)Jiangsu401.25
317Wenfeng Industrial GroupHebei399.57
318Jinggong Holding GroupZhejiang397.10
319Nantong Chemical Light IndustryJiangsu396.45
320Zhiyuan Holding GroupZhejiang393.76
321Quxin Technology GroupSichuan393.59
322Daya Technology GroupJiangsu393.51
323Aode GroupShandong393.42
324Dehua Group HoldingZhejiang390.47
325Xugang Iron & Steel GroupJiangsu390.22
326Xiangchi HoldingShandong390.19
327Fuchunjiang Communication GroupZhejiang389.99
328Shenchi Holding GroupShandong389.59
329Jinqiao ChemicalJiangsu389.57
330Donghua Iron & Steel GroupHebei388.84
331Skyline Cloud Supply ChainGuangdong388.83
332Silian Venture GroupBeijing388.08
333Jiangsu Wuzhong GroupJiangsu387.55
334Dongfang Hengxin GroupJiangsu385.53
335Zhongjin PetrochemicalZhejiang382.69
336Zhengda Pipe Manufacturing GroupHebei382.24
337Wanbang Star Auto InvestmentJiangsu381.83
338CSPC Pharmaceutical GroupHebei380.87
339Yangzijiang PharmaceuticalJiangsu380.34
340Nongliushi Aluminum IndustryXPCC379.84
341Century Huatong GroupZhejiang378.98
342Yasha HoldingZhejiang377.17
343Nanye Industrial GroupShanxi376.58
344JuneYao GroupShanghai376.50
345Xinghui Chemical Fiber GroupZhejiang375.93
346Tiansong Construction GroupZhejiang375.21
347Zhenxiong Copper GroupJiangsu372.16
348POP MART Cultural CreativeBeijing371.20
349Qilu Pharmaceutical GroupShandong371.19
350Chengdu Jiaolong Port DevelopmentSichuan370.99
351Fangyuan Holding GroupZhejiang370.59
352Country Garden ServicesGuangdong369.77
353Daqo GroupJiangsu368.26
354Sailun GroupShandong367.92
355Nature Steel GroupZhejiang364.27
356WeBank (Qianhai)Guangdong362.84
357Yaxin Iron & SteelJiangsu362.63
358HEC Industrial DevelopmentGuangdong362.22
359ZhongAn Online P&C InsuranceShanghai362.02
360Nantong Construction Engineering GroupJiangsu362.00
361Richu Industrial GroupZhejiang361.39
362Lianxin Holding GroupJiangsu360.66
363Jiangnan CableJiangsu360.17
364Guoqiang Galvanizing IndustryJiangsu360.05
365InnoLight TechnologyJiangsu360.02
366Ruiganglian GroupBeijing358.75
367Shengda GroupZhejiang358.34
368Yuexing GroupShanghai357.52
369Lishi GroupZhejiang357.05
370Shengyu Investment DevelopmentFujian356.59
371Sunner Holding GroupFujian356.00
372Golden Eagle International GroupJiangsu355.88
373Sanmu GroupJiangsu355.69
374Huaxin Building MaterialsHubei353.48
375Infore GroupGuangdong352.74
376Shannon Semiconductor TechAnhui352.51
377Shangshang Cable GroupJiangsu352.24
378Mingtai AluminumHenan351.35
379iSoftStone Information TechBeijing350.90
380Binxin Iron & Steel GroupJiangsu350.50
381Xiehe GroupZhejiang349.78
382GEM New MaterialsHubei349.33
383Zhongnan Construction GroupZhejiang347.13
384Hunan Yuneng New EnergyHunan346.25
385Yangzijiang Shipbuilding GroupJiangsu346.15
386Mizuda GroupZhejiang346.02
387Lonsen Holding GroupZhejiang345.16
388Red Sun GroupJiangsu345.07
389Xingda Investment GroupJiangsu344.86
390Longcheng GroupHenan344.50
391Zhongxin Iron & Steel GroupJiangsu343.56
392Taikai GroupShandong343.20
393Ruixiang Technology GroupJiangsu340.13
394Huafang GroupJiangsu338.05
395Nice GroupZhejiang337.55
396Yatong PetrochemicalShandong334.27
397Mindray Bio-Medical ElectronicsGuangdong332.82
398Zijin CopperJiangsu332.16
399Guanfeng Metallurgy IndustryHebei331.56
400Fuxing Group HoldingHubei330.32
401Newlink Holding GroupShandong328.56
402Wuxi Chaoyang GroupJiangsu328.54
403Sanshui IndustrialShanghai328.29
404Beyond Holding GroupZhejiang328.07
405Dahua TechnologyZhejiang327.44
406Gold Mantis Enterprise GroupJiangsu327.22
407Zhongchao Investment GroupJiangsu325.54
408Rongmin Holding GroupShaanxi324.49
409Shenzhen Huaqiang GroupGuangdong321.91
410Zhonghai Chemical GroupShandong321.38
411Lizhong Sitong Light AlloysHebei321.24
412Zhonglianjin E-CommerceJiangsu320.94
413Yukun Iron & Steel GroupYunnan319.87
414Liby Kaisheng HoldingGuangdong317.82
415Pupu TechnologyFujian317.72
416Jiangsu Hengrui PharmaceuticalsJiangsu316.29
417Huahong Industrial GroupJiangsu315.32
418Jiangdong GroupJiangsu314.41
419Jinpeng Holding GroupAnhui313.39
420Qingyun Holding GroupZhejiang313.30
421Huadong Heavy MachineryJiangsu312.49
422Lianfeng Iron & SteelJiangsu310.91
423Xinzi Recycled ResourcesHubei310.38
424Jiyuan Iron & Steel GroupHenan310.27
425Changzhou Chemical Light MaterialsJiangsu309.02
426Jinluo Meat Products GroupShandong308.59
427Lingtong Group HoldingAnhui308.21
428Yibai GroupFujian308.06
429Fasten GroupJiangsu307.78
430Jun'an Holding GroupZhejiang306.15
431Hengzun Holding GroupZhejiang305.91
432Dajing GroupJiangsu305.87
433Jinpu Investment HoldingJiangsu305.38
434Anker InnovationsHunan305.14
435Xizi International HoldingZhejiang304.61
436Xinyang Iron & SteelHenan302.87
437Chenggang Iron & Steel GroupYunnan301.49
438Jindong Investment GroupHunan301.18
439Shengtun Mining GroupFujian300.03
440SDLG Machinery GroupShandong298.93
441Tengda Construction GroupZhejiang298.54
442Zhongli Resources HoldingJiangxi297.83
443Xizi UHC HoldingZhejiang297.64
444TRS Group (Tangrenshen)Hunan296.96
445Tiankang GroupAnhui296.64
446Xinyue Holding GroupZhejiang296.04
447Xinyang Technology GroupJiangsu295.95
448Tuopu GroupZhejiang295.81
449Tianshan Aluminum GroupXPCC295.02
450Guotai Construction GroupZhejiang293.71
451Data Street Holding GroupBeijing293.38
452DBN Group (Dabeinong)Beijing291.19
453Lubao GroupShanxi289.16
454Haitian Flavouring & FoodGuangdong288.73
455South China Materials GroupChongqing288.61
456ERA Plastics GroupZhejiang288.10
457Shanying International HoldingAnhui287.78
458Huaxiang GroupZhejiang287.50
459Wanda Commercial ManagementGuangdong284.93
460Dongwu Gold GroupJiangsu284.41
461Shengyi TechnologyGuangdong284.31
462Weihua GroupHenan283.68
463Xinhua Hai Technology GroupJiangsu283.32
464Vitian Transport Info TechAnhui282.42
465Yongxing Special MaterialsZhejiang282.10
466Antai Holding GroupShanxi279.45
467Kunshan Luxshare ElectronicsJiangsu279.27
468TFME (Tongfu Microelectronics)Jiangsu279.21
469Zhucheng Foreign TradeShandong278.69
470Huaihai Holding GroupJiangsu278.31
471Rongxin GroupShandong278.25
472Elephant Agriculture & AnimalShanxi277.68
473Yingtai Supply Chain GroupJiangsu277.44
474C&U Group (Renben)Zhejiang276.09
475Oriental Yuhong WaterproofBeijing275.79
476Gaoyi Iron & SteelShanxi275.61
477Oriental EnergyGuangdong275.26
478Dasanlin Pharmaceutical GroupGuangdong275.02
479Geely Baikuang GroupGuangxi273.88
480iQIYI, Inc.Beijing272.91
481iFLYTEK Co., Ltd.Anhui271.05
482Yuantai Derun Steel PipeTianjin270.00
483Chia Tai Tianqing PharmaceuticalJiangsu268.22
484Century Ruifeng GroupShandong266.45
485Zhongda Holding GroupJiangxi264.69
486Liqun GroupShandong263.86
487Ruiyuan Holding GroupShandong263.55
488China Wanxiang HoldingShanghai263.25
489Angsheng New Energy MaterialsJiangsu263.03
490Xinlianxin Chemical IndustryHenan262.72
491Yuanlian Iron & SteelInner Mongolia261.41
492Shenghua Wire & Cable GroupShanghai261.31
493MINISO GroupGuangdong261.01
494Tianzhu Iron & Steel GroupHebei260.75
495Baoye Hubei Construction GroupHubei260.56
496LB Group (Lomon Billions)Henan259.88
497Keda GroupShandong258.20
498Baolai Steel IndustryTianjin256.97
499Overseas Chinese Phoenix GroupSichuan256.79
500Linglong GroupShandong255.99

Tech Innovation & Digital Economy Highlights

Key private champions in consumer electronics, intelligent electric vehicles, generative AI, and supply chain logistics demonstrated resilient growth across the 500-firm spectrum.

RankCompanyProvinceRevenue (CNY bn)Sector & Focus
#14Xiaomi北京市4572.87智能硬件与智能汽车研发制造
#19Meituan北京市3648.55本地生活即时零售与配送生态
#20Luxshare Precision广东省3323.44消费电子精密结构件与智造制造
#31DiDi北京市2267.01全球移动出行与数字化网约平台
#50Seres Group重庆市1650.54新能源智能整车智造（问界主力，名次升9位）
#68Kuaishou北京市1427.76内容社区短视频与数字商业生态
#79Baidu北京市1290.79人工智能基建与生成式大模型
#91NetEase浙江省1126.26在线游戏自研与精品数字内容
#92Li Auto北京市1123.13家庭新能源智能豪华汽车整车
#102Pinduoduo上海市1038.69普惠电商供应链与多场景零售（第102位）
#480iQIYI北京市272.91在线视频高品质自制剧与流媒体
#481iFLYTEK安徽省271.05智能语音与通用人工智能产业落地
#493MINISO广东省261.01全球潮流生活好物与零售供应链
#500Linglong Group山东省255.99轮胎制造与全球产业布局（500强入围门槛）

Macro Scale & Threshold Shifts

The 2026 survey highlights steady revenue expansion, solid profit discipline, and growing tax contributions among leading private conglomerates.

Indicator2026 Edition (FY2025)2025 Edition (FY2024)Key Trend
入围门槛（营业收入）255.99 亿元（玲珑集团）270.23 亿元门槛微调，重组出清与集中度提升
营业收入总额44.93 万亿元43.05 万亿元较上年净增长 4.35%
户均营业收入898.51 亿元861.02 亿元户均规模稳步上行
营业收入超千亿元企业数110 家105 家净增 5 家千亿级领头羊
净利润总额1.83 万亿元1.80 万亿元户均净利润 36.52 亿元，增长 1.31%
纳税总额1.30 万亿元1.27 万亿元纳税超 10 亿元企业达 254 家（占比 50.80%）
调研参评企业数6350 家（第 28 次）6379 家（第 27 次）营收 10 亿元以上规模民企专项调查

Individual wealth rankings: China Rich List 2026. Global multinational revenue benchmarks: Global Companies 2026.

How this list is ranked

Snapshot 2026-09-22. The main table directly transcribes the official ACFIC 2026 Top 500 Chinese Private Enterprises list, announced in Tianjin on 22 September 2026. The ranking metric strictly tracks operating revenues for the 2025 full financial year across 6,350 surveyed private enterprises with annual revenues surpassing CNY 1 billion. The state-inclusive China Top 500: China 500 2026. Billionaires and personal fortunes: China Rich List 2026. Global multinational revenue benchmarks: Global Companies 2026.

SourceSnapshot / ReleaseScope & Audit MethodologyWeight
All-China Federation of Industry and Commerce (ACFIC)2026-09-22 Tianjin release28th Large Private Firm Survey covering 6,350 enterprises; total revenue CNY 44.93 trillionPrimary (Official Authority)
Xinhua News Agency Fast Bulletin2026-09-22 09:47Official bulletin confirming JD, Alibaba, Hengli, Huawei, BYD leading top 5Primary (Official Wire)
China Business Times / IT Home2026-09-22 09:48Full 1-500 enterprise roster transcript with certified CNY 10,000 reporting precisionPrimary (Full Roster Audit)

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China Private Firms Tier List 2026

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文章来源：OBPAI TierList