2026 Ranking Decliners: Longfor, Shandong Zhonghai Chemical, and Longi Slip Among China's Top 500 Private Firms

Deep News09-23 10:00

According to data released on September 22 by the All-China Federation of Industry and Commerce, the "2026 China Top 500 Private Enterprises" list shows notable ranking declines for several prominent companies.

Longfor Group Holdings Ltd now holds the 112th position, a drop of 39 spots from its 73rd place finish in the 2025 ranking. The company's revenue fell from 127.475 billion yuan to 97.309 billion yuan, a decrease of 30.166 billion yuan.

Shandong Zhonghai Chemical Group Co., Ltd. currently ranks 410th, down 39 places from its 371st position last year. Its revenue declined from 35.883 billion yuan to 32.138 billion yuan, a reduction of 3.745 billion yuan.

Longi Green Energy Technology Co., Ltd. slipped to 165th place, a 37-position drop from its 128th ranking in 2025. The company's revenue shrank from 82.582 billion yuan to 70.347 billion yuan, representing a decrease of 12.235 billion yuan.

This list highlights the financial pressures affecting these firms, with revenue contractions correlating with their lower standings. Market observers note that the data serve as a reference point, not investment advice, and investors should exercise caution when making decisions based on this information.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment