2019 China's Top 500 Private Enterprises Released HUAWEI's Champion, Suning Third.

In August 22nd, the National Federation of industry and Commerce released the 2019 report on the top 500 Chinese private enterprises in Xining, Qinghai. HUAWEI Klc Holdings Ltd ranked first in 721 billion 200 million revenue, while HUAWEI was also the first private enterprise to break through 700 billion mark. HNA Group and Suning group are two or three respectively, with a turnover of 618 billion 300 million and 602 billion 500 million respectively. Zheng Wei International Group, Hengda Group, Jingdong group, Biguiyuan holdings, Hengli Group, Legend Holdings, Gome holdings entered the top ten. The threshold for the top 500 is 18 billion 585 million.

Over the past four years, the ranking has not changed, and HUAWEI has continued to dominate. Although the number of retail enterprises Suning has fluctuated, it also ranks first three in four years, and its total revenue is increasing year by year. From 2016 to 2019, it is 350 billion 288 million, 412 billion 950 million, 557 billion 875 million, 602 billion 456 million, which is the leader of the retail industry.