Weekly report of cement network: weak and stable operation, weak supply and demand, transaction concession (1.26-1.30)

On February 5, Hurun Research Institute released Hurun China Top 500 2025, which lists the top 500 non-state-owned enterprises in China and ranks them according to their value. The market value of listed companies is calculated according to the closing price on November 14, 2025, and the valuation of non-listed companies is estimated with reference to the listed companies in the same industry or according to the latest round of financing. This is the seventh time in a row that the Hurun Research Institute has released the "Hurun China Top 500".