Yang Zi Wan Bao Wang·2025-09-23 13:44Core Insights - The 2025 World Manufacturing Conference recently opened in Hefei, where the list of China's top 500 manufacturing enterprises was released, marking the 21st consecutive year of publication by the China Enterprise Confederation [1] - Jiangsu province ranked third in the number of companies on the list, with 54 enterprises, following Zhejiang and Shandong [1] - The overall development of large manufacturing enterprises in China has shown stability in revenue scale, reduced decline in economic efficiency, enhanced innovation momentum, and improved export resilience [1] Innovation and R&D - The total R&D intensity of the top 500 manufacturing enterprises in China reached 2.45%, an increase of 0.03 percentage points from the previous year [1] - The number of valid patents held by these enterprises reached 1.6632 million, with 803,800 being invention patents, representing increases of 11.34% and 12.07% respectively compared to the previous year [1] Export Performance - The proportion of overseas revenue in total revenue for the top 500 manufacturing enterprises increased to 19.10%, up by 0.87 percentage points from the previous year [1] Financial Metrics - The threshold for entering the top 500 list increased from 11.091 billion to 17.365 billion yuan, a rise of 6.274 billion yuan [2] - The total operating revenue of the top 500 enterprises grew from 40.24 trillion yuan to 51.68 trillion yuan, an increase of 11.44 trillion yuan [2] - The total assets of these enterprises rose from 44.33 trillion yuan to 53.31 trillion yuan, an increase of 8.98 trillion yuan [2] Notable Companies - Jiangsu had two companies in the top ten: Hengli Group ranked third with 871.52 billion yuan in revenue, and Shenghong Holding Group ranked tenth with 565.62 billion yuan [2] - In the R&D intensity rankings, Zhengda Tianqing Pharmaceutical Group ranked third with a R&D intensity of 17.35% [2]