Xin Lang Cai Jing·2025-09-15 09:09Core Insights - The "2025 China Top 500 Enterprises" list was released by the China Enterprise Confederation and the China Enterprise Directors Association, marking the 24th consecutive year of publication [1] - The entry threshold for the list increased by 579 million yuan from the previous year, reaching 47.96 billion yuan [1] - The number of state-owned and private enterprises on the list remains balanced, with 251 state-owned and 249 private enterprises [1] - A total of 15 enterprises reported revenues exceeding 100 billion yuan [1] Revenue Rankings - The top 10 enterprises by revenue are: 1. State Grid Corporation: 39,459.28 million yuan 2. China National Petroleum Corporation: 29,690.48 million yuan 3. China Petroleum and Chemical Corporation: 29,319.56 million yuan 4. China State Construction Engineering Corporation: 21,871.48 million yuan 5. Industrial and Commercial Bank of China: 16,291.26 million yuan 6. Agricultural Bank of China: 14,199.41 million yuan 7. China Construction Bank: 14,148.38 million yuan 8. Bank of China: 12,646.92 million yuan 9. China Railway Engineering Corporation: 11,608.48 million yuan 10. JD Group: 11,588.19 million yuan [2][4] Industry Trends - The total revenue of the 2025 China Top 500 Enterprises reached 110.15 trillion yuan, with the entry threshold increasing for 23 consecutive years [4] - The total net profit attributable to shareholders reached 4.71 trillion yuan, reflecting a growth of 4.39% [4] - The number of enterprises with revenues exceeding 100 billion yuan increased to 267, representing 53.4% of the total [4] Research and Innovation - The top 500 enterprises invested 1.73 trillion yuan in research and development, achieving a research intensity of 1.95%, the highest in eight years [5] - The total number of valid patents held by these enterprises reached 2.2437 million, an increase of 214,000 patents or 10.54% from the previous year [5] - The number of invention patents rose to 1.0396 million, marking a growth of 150,000 patents or 16.86% [5] New Entrants - The list includes 39 new or returning enterprises, with the automotive and logistics sectors seeing the most significant increases, adding six new entrants [4] - BYD ranked highest among automotive companies at 26th place, with several other major car manufacturers also making the top 100 [4]