Core Insights - The "2025 Ningxia Top 100 Private Enterprises" list has been released, with an entry threshold of 584 million yuan, down from 599.8 million yuan last year. The total revenue of the listed companies reached 351.379 billion yuan, with 51 companies showing growth, adding 37.155 billion yuan [1][12] - The total assets of the top 100 companies amounted to 575.501 billion yuan, with 53 companies increasing their assets by 51.261 billion yuan. The total profit reached 50.680 billion yuan [1][12] - The top 100 private enterprises contributed a total tax revenue of 13.592 billion yuan, a year-on-year increase of 10.3%, accounting for 37.87% of the total tax revenue in the region [1][12] Industry Overview - The industrial structure of the top 100 includes 1 company from the primary industry, 81 from the secondary industry, and 18 from the tertiary industry. The manufacturing sector dominates with 73 companies, followed by real estate with 11, and construction, wholesale and retail, and energy supply with 4 each [3] - The regional distribution shows that Yinchuan has 40 companies on the list with a total revenue of 155.425 billion yuan, leading the rankings. Shizuishan has 22 companies, Wuzhong has 19, and other regions follow [3] Company Highlights - Baofeng Group ranks first with a revenue of 69.199 billion yuan, a year-on-year increase of 13.1%. It is involved in energy chemistry, new energy, and new storage industries. The company’s project in Inner Mongolia is the largest single-plant ethylene project globally [12] - Ningxia Jianlong, established in 2012, ranks third with a steel production capacity of 3.5 million tons and is part of a larger group with a total crude steel capacity of 43 million tons [5] - Tianyuan Manganese Group, the second-largest, achieved a revenue of 67.367 billion yuan, with a production capacity of 800,000 tons of electrolytic manganese, accounting for 48% of the national output [7]