CNBM, Conch, Red Lion, and Tianrui are on the list of China’s top 500 companies for 2021

Byzengjiaming12

Updated Sat, 09 Oct 2021 10:11:27 GMT

On September 25, the 2021 China’s Top 500 Enterprises Summit Forum was held in Changchun City, Jilin Province. Referring to internationally accepted practices, based on the business revenue of enterprises in 2020, China Enterprise Confederation and China Enterprise Directors Association released Top 500 Chinese enterprises for the 20th consecutive year. Among the cement industries on the list are: China Building Materials Group ranked 59th, Anhui Conch Group ranked 90th, Red Lion Holding Group ranked 364th, and Tianrui Group ranked 390th.

In addition, China Resources Group, BBMG Group Co., Ltd., and Guangxi Beibu Gulf International Port Group Co., Ltd. are also on the list, ranking 23rd, 174th and 243rd respectively on the list.

The list shows that among the top 500 Chinese companies in 2021, there are 222 companies with an operating income of more than 100 billion yuan, with an increase of 5 from the 217 of the top 500 in the previous year, and the number continues to show a steady upward trend. Meanwhile, the operating income of eight companies exceeded the trillion yuan threshold. The list indicates that 70 enterprises of hundreds of billions level increased during the "Thirteenth Five-Year Plan" period. It is expected that the number of trillion-level companies on the list next year may exceed 10 for the first time.