Sou Hu Cai Jing·2025-09-29 03:51Core Insights - The private economy is a key driver for Guangdong's economic development, highlighted during the 2025 World Cantonese Business Conference held in Guangzhou from September 28 to 30, 2023 [1] - The conference aimed to unite global Cantonese business forces, promote entrepreneurial spirit, and facilitate collaborative development among Cantonese businesses [1] - Three lists were released during the conference: "Top 100 Private Enterprises in Guangdong Province 2025," "Top 100 Private Manufacturing Enterprises in Guangdong Province 2025," and "Top 50 Private Service Enterprises in Guangdong Province 2025" [1] Summary of Lists - The threshold for entering the "Top 100 Private Enterprises in Guangdong Province 2025" list was set at 12.332 billion yuan, with four companies exceeding 40 billion yuan in revenue and twelve surpassing 10 billion yuan [1] - The distribution of the top private enterprises shows that Shenzhen leads with 40 companies, followed by Guangzhou with 22, Foshan with 16, Dongguan with 6, and Huizhou with 4 [1] - The ranking was based on voluntary applications from enterprises, using 2024 revenue as the primary criterion, and was verified by relevant departments [1] Revenue Data of Top Companies - Huawei Investment Holding Co., Ltd. topped the list with a revenue of 86.2072 billion yuan, followed by BYD Co., Ltd. with 77.7102 billion yuan and Tencent Holdings Ltd. with 66.0257 billion yuan [3] - Other notable companies include Midea Group Co., Ltd. with 40.9084 billion yuan and SF Holding Co., Ltd. with 28.442 billion yuan [3] - The list includes a variety of sectors, showcasing the diversity and strength of Guangdong's private enterprises [3][4][5]