Sliding Giants: Three Major Firms Each Drop Seven Spots in 2026 Top 500 Private Enterprises Ranking

Deep News09-23

The All-China Federation of Industry and Commerce unveiled the "2026 China Top 500 Private Enterprises" list on September 22, highlighting notable downward movements among several industry heavyweights.

According to the latest data, Tianneng Holding Group Co., Ltd. now ranks 34th, falling seven positions from its 27th place in the 2025 listing. The company's revenue declined from RMB 228.036 billion in the previous period to RMB 216.809 billion, a decrease of RMB 11.227 billion.

Fosun International Limited (ASX: FOSUN INTL) currently holds the 43rd position, also slipping seven rungs from last year's 36th spot. The company's revenue contracted from RMB 192.142 billion to RMB 173.425 billion, marking a reduction of RMB 18.717 billion.

Guangxi Shenglong Metallurgy Co., Ltd. has fallen to 94th place, down seven places from its 87th ranking in 2025. The company's revenue dipped slightly from RMB 111.307 billion to RMB 110.500 billion, a drop of RMB 0.807 billion.

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