正文
“And where does the
Hurun China 500
sit in the Hurun Global 1000? 72 made it into the
Hurun Global 1000
in 2024.”
“The average age of
Hurun China 500
companies is only 29 years old, which is 38 years younger than average age of the
Hurun Global 1000
. Within China, the average age of Hong Kong and Taiwan companies are 58 and 39 years, while those from mainland China were much younger, only 25 years old.”
“The revenue of the
Hurun China 500
companies increased by 3% compared with the previous year, while the value increased by 13%. Some of the most valuable companies in
Hurun China 500
have surprisingly low sales and employee numbers. Specifically, there are 11 enterprises with annual sales of less than CNY1bn, such as Cambricon, an AI chip enterprise, with sales of only CNY700mn, but its value is US$26bn. In addition, there are 8 companies with less than 400 employees."
“Hurun has been promoting entrepreneurship through its lists and research since 1999. Hurun started out by telling the story of the Chinese economy through the
China Rich List
, the stories of China’s most successful entrepreneurs, and then expanding these stories to India and the rest of the world. Since then, Hurun has gone on to tell the story of the world’s start-up ecosystems, by ranking unicorns and future unicorns, before moving on to telling the story of the world economy by the 500 most valuable companies.”
This is a brief English language summary of the full Chinese press release which can be found at www.hurun.net. For media enquiries please contact our public relations team whose contact details can be found at the end of this report.
Huawei returns to the Hurun Top 10, replacing HK-based insurance giant AIA, which dropped down to 13
th
. The total value of the Hurun Top 10 accounted for 34% of the total list, a significant percentage. Four are based in Shenzhen.
Geographical Distribution
In terms of cities, Beijing topped the list with 65, followed by Shanghai with 50 and Shenzhen with 49.
In terms of provinces, Taiwan surpassed Guangdong for the first time.
The Yangtze River Delta region was top with 149 or 29% of the Hurun 500, followed by the GBA with 108 or 21%.
Industrial Products
have overtaken
Healthcare
to first place with 69 companies.
Consumer Goods
ranked 3
rd
. In terms of value,
Semiconductors
,
Media & Entertainment
,
Industrial Product
and
Consumer Goods
have the highest total value.
