Guangdong’s top 100 includes 32 Shenzhen Companies

Guangdong's top 100 includes 32 Shenzhen CompaniesThe provincial economic commission of Guangdong announced on Sunday, Guangdong’s 2009 top 100 enterprises for revenue and size.

Thirty two Shenzhen companies made it to the list, with Huawei Technologies on second place. The Shenzhen-based telecom giant which ranked No. 1 in China’s top 100 electronics companies, jumped to second place in Guangdong’s top 100 from previous year’s fifth. Its revenues reached 149.25 billion yuan in 2009 (US$21.95 billion).

At least 78 percent of the 100 companies are based in Guangzhou and Shenzhen while the remaining firms are in eight other Pearl River Delta cities.

Shenzhen-based companies, Huawei, Ping An Insurance and Foxconn and three more Guandong heavyweights, recorded revenue of more than 100 billion yuan each. The six companies contributed to a quarter of the total revenue of the top 100, exceeding 3.1639 trillion yuan.

1 Comment for “Guangdong’s top 100 includes 32 Shenzhen Companies”

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