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Seven Xiamen companies join Fortune China 500 list

chinadaily.com.cn| Updated: Jul 11, 2019

Fortune China released the latest "Fortune China 500" list on July 10.

The ranking evaluated the global performance of listed Chinese companies in the past year. Sinopec Group, China National Petroleum Corporation and China State Construction Engineering topped the list.

A total of seven companies in Xiamen, East China's Fujian province, joined the list.

Among them, C&D Inc ranked 34th with revenue of 280.381 billion yuan ($40.84 billion), up five places compared with last year. Xiamen Xiangyu Group and Xiamen ITG Holding Group Co Ltd followed, ranking 40th and 47th respectively.

C&D Inc ranked third in the wholesale and retail sub-list; Xiamen Xiangyu Group ranked first in the transportation, logistics and storage sub-list; Xiamen ITG Holding Group ranked second in the trade sub-list.

The total revenue of China 500 listed companies reached 45.5 trillion yuan this year, up 14.8 percent from last year.