Mei Ri Jing Ji Xin Wen·2025-08-28 05:26Core Insights - The "2025 China Top 500 Private Enterprises" report was released by the All-China Federation of Industry and Commerce, highlighting the top three companies as JD Group, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. [1] - The entry threshold for the top 500 private enterprises increased to 27.023 billion yuan, with a total revenue of 4.305 trillion yuan and a combined net profit of 180 billion yuan [1][3]. - The total R&D expenditure reached 113 billion yuan, employing 1.1517 million R&D personnel, with an average R&D intensity of 2.77% [1]. - The total tax contribution from these enterprises amounted to 1.27 trillion yuan, with 240 companies paying over 1 billion yuan in taxes, representing 48% of the top 500 [1]. Group 1 - JD Group ranked first with total revenue of 115.8819 billion yuan [3]. - Alibaba (China) Co., Ltd. secured the second position with revenue of 98.1767 billion yuan [3]. - Hengli Group Co., Ltd. came in third with revenue of 87.1521 billion yuan [3]. Group 2 - Huawei Investment Holding Co., Ltd. ranked fourth with revenue of 86.2072 billion yuan [4]. - BYD Company Limited was fifth with revenue of 77.7102 billion yuan [4]. - Tencent Holdings Limited ranked sixth with revenue of 66.0257 billion yuan [4].