2014 List of Top 500 Private Enterprises of China was released, and only two Anhui enterprises were on the list

Yesterday, the List of 2014 Top 500 Private Enterprises of China was released by All-China Federation of Industry and Commerce. Suning Group ranked first, followed by Lenovo Holdings. The reporter noticed that only two Anhui enterprises were on the list, and were at the middle and the bottom of the list.

In addition, 11 Anhui enterprises were on the List of Top 500 Private Manufacturers of China, but no Anhui enterprise was on the list of Top 100 Services Enterprises.

Two Anhui enterprises were on the List of Top 500 Private Enterprises of China

Yesterday, the List of 2014 Top 500 Private Enterprises of China was released by All-China Federation of Industry and Commerce and two Anhui enterprises were on the List.

Among them, Goocoo Group (Anhui) ranked No.150 with business income of RMB 25.243 billion in 2013; Tongling Jingda Copper Products (Group) Co., Ltd. also squeezed into the Top 500 Private Enterprises of China and ranked No. 482 with business income of RMB 9.55 billion in 2013.

The reporter’s statistics showed that among six provinces in central China, Anhui Province was at the bottom of the list. 4 Shanxi private enterprises, 5 Jiangxi private enterprises, 10 Hunan private enterprises, 14 Henan private enterprises were on the list. Hubei Province had the most private enterprises on the list, up to 15.

The reporter noticed that Anhui Province was disappointing in quantity, and lagged “a large margin” behind in the corporate strength. Among the enterprises in central China, the highest-ranked enterprise was Sany Group, ranking No. 24 with business income of RMB 72.25 billion in 2013, three times as much as that of the “Champion" enterprise in Anhui Province.

11 Anhui enterprises were on the List of Top 500 Private Manufacturing Enterprises of China

Yesterday, the List of 2014 Top 500 PrivateManufacturing Enterprises of China was released by All-China Federation of Industry and Commerce. A bit different fromthe List of Top 500 Private Enterprises of China, 11 Anhui enterprises were on the List.

Among them, Tongling Jingda Copper Products ranked No.291 with business income of RMB 9.55 billion in 2013, Anhui Zhongding Holding, Anhui TRUCHUM Investment, Anhui Tiankang (Group) Co., Ltd., Anhui Zhengdayuan Feed, Anhui Zhonghang Group, Anhui BBCA Pharmaceutical Group, Wuhu Fuxin Steel, Anhui Xin’gang Charging, Hefei Shiji Jingxin Machine Manufacturing and a number of enterprises with strength were on the list. In addition, Anhui Yingjia Group of Anhui wine series preparing for IPO also squeezed into the Top 500 manufacturers, and ranked No. 491 with 2013 business income of RMB4.717 billion.

It is worth noting that no Anhui service enterprise was on the List of 2014 Top 100 Private Service Enterprises of China.

How to make Anhui private enterprises stronger?

"It is unexpected that only a few of Anhui private enterprises were on the list, but it also reflects the problem that Anhui private enterprises are lagging behind."Yesterday, an expert who was interviewed to remain unnamed said, "but taken together, Anhui private enterprises now doing better still are resource-based enterprises, only a few were on the list of modern service industry and high-tech industry. Anhui Province is lack of real high value-added enterprises."

He thought, if more technology-intensive, capital-intensive enterprises were on the list, the quality overall of Anhui’s economy would be promoted. It also can be seen from it that Anhui’s economic operation is still at the primary level. In the future, Anhui’s economy will be aimed to vigorously develop and cultivate high-tech industry and service industry.