The list of “Guangdong Top 500 Manufacturing Enterprises” in 2017 has been released recently. Thirty-nine enterprises in Zhongshan have been included, three more than 2016. Zhongshan has the 6th largest number of Top 500 manufacturing companies in Guangdong, following Shenzhen, Guangzhou, Foshan, Dongguan and Zhuhai.

Eight Zhongshan companies enter the top 100, two more than last year. Mingyang Wind Power was the top-ranking Zhongshan-based company on the list, ranking 30th with 12.67 billion yuan of total revenue, followed by TCL, who ranked 41st with 8.79 billion yuan of revenue. They are the two Zhongshan companies that were among the top 50. 

The threshold (revenue) of Guangdong top 500 manufacturing enterprises was 200 million yuan. The average revenue of the top 500 reached 6.3 billion yuan, which was 17.0% higher than that in 2016. The average revenue of Zhongshan companies included on the list was 2 billion yuan. Only five Zhongshan companies had a 5 billion yuan or more revenue.

The list was jointly released by Guangdong Manufacturers Association, Guangdong Industrial Development Institute and Enterprise Competitiveness Research Center of Guangdong Academy of Social Sciences.