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2026 Top 500 Chinese Private Firms Announced; Two PCB Companies Make the List
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On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three were JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. Two companies from the PCB (printed circuit board) industry, Suzhou Dongshan Precision Manufacturing Co., Ltd. and Guangdong Shengyi Technology Co., Ltd., were ranked 316th and 461st, respectively. The survey, the 28th of its kind, included 6,350 companies with annual revenues exceeding 10 billion yuan in 2025. The top 500 firms posted total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per firm, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per firm, a 1.31% increase. Total tax payments reached 1.30 trillion yuan, with 254 companies paying over 1 billion yuan in taxes, accounting for 50.80% of the top 500.
Source report
On September 22, the All-China Federation of Industry and Commerce (ACFIC) released the "2026 China Top 500 Private Enterprises" list in Tianjin. The top three positions were held by JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd.
Among the listed companies, two PCB (Printed Circuit Board) industry firms made the cut:
- Suzhou Dongshan Precision Manufacturing Co., Ltd. — ranked 316th
- Guangdong Shengyi Technology Co., Ltd. — ranked 461th
Survey Background
This year marks the 28th large-scale survey of private enterprises conducted by the ACFIC. A total of 6,350 companies with annual revenues of 1 billion yuan or more in 2025 participated. The top 500 by revenue were designated as the "2026 China Top 500 Private Enterprises."
Key Financial Highlights
- Total revenue: 44.93 trillion yuan, with an average of 89.851 billion yuan per company — an increase of 4.35% year-on-year
- Net profit: 1.83 trillion yuan, averaging 3.652 billion yuan per company — up 1.31%
- Total tax payments: 1.30 trillion yuan
- Companies paying over 1 billion yuan in taxes: 254, accounting for 50.80% of the top 500
For the full list of the 2026 China Top 500 Private Enterprises, please refer to the official release.
Sources: Xinhua News Agency, All-China Federation of Industry and Commerce
Source
PCB资讯Eastern
Part of this Story
China's 2026 Top 500 Private Enterprises: JD.com, Alibaba, Hengli Lead with 44.93 Trillion Yuan Revenue