On the 10th, the 2020 China’s Top 500 Private Enterprises Summit hosted by the All-China Federation of Industry and Commerce was held in Beijing. At the meeting, the 2020 China’s Top 500 Private Enterprises list was released. This year, the entry threshold for the top 500 companies exceeded 20 billion for the first time, reaching 20.204 billion yuan.
Among them, 52 companies in the petrochemical industry are on the list, with Hengli Group Co., Ltd. ranking fourth, with operating income exceeding 300 billion yuan.
There are six petrochemical companies with operating income exceeding 100 billion yuan, namely Hengli Group, Zhejiang Hengyi, Zhejiang Rongsheng, Shenghong, Dongming Petrochemical and Jiangyin Chengxing. In terms of geography, Shandong, the largest province in the chemical industry, has 22 petrochemical companies on the list, while Jiangsu and Zhejiang have 7 companies each.
Attachment: List of the Top 500 Chinese Private Enterprises in 2020
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