Shen Zhen Shang Bao·2025-09-17 13:56Core Insights - Shenzhen has 8 companies listed in the top 100 of the 2025 China Enterprise 500 list, showcasing the city's strong economic performance and innovation-driven growth [1][2] Group 1: Company Rankings - China Ping An ranks 12th with a revenue of 1.14 trillion yuan, making it the only trillion-yuan company in Guangdong [1] - Huawei ranks 23rd, BYD ranks 26th, Tencent ranks 31st, and other notable companies include China Merchants Bank (48th), Vanke (79th), SF Express (92nd), and Shenzhen Investment Holding (99th) [1] - The revenue threshold for inclusion in the list increased to 47.96 billion yuan, up by 579 million yuan from the previous year [1] Group 2: R&D Investment - The top 500 companies collectively invested 1.73 trillion yuan in R&D, with an average R&D intensity reaching a historical high of 1.95% [2] - Shenzhen companies significantly exceed the average R&D investment, with Huawei leading at 179.69 billion yuan and BYD following with 53.20 billion yuan [2] Group 3: Industry Distribution - Shenzhen's listed companies exhibit a diversified layout across various sectors, including internet, electronic information, smart manufacturing, and consumer electronics, aligning with the city's "20+8" industrial strategy [3] - The new energy sector stands out, with BYD selling 4.27 million new energy vehicles globally, marking a 41.26% year-on-year increase and maintaining its position as the global sales leader [3] - Xinwangda Electronics, with a revenue of 56.02 billion yuan, made its debut at 439th and was also recognized in multiple innovation and emerging industry rankings [3]