2026 Private Enterprise 500 Rankings: Three Firms Slip 12 Spots Each as Revenue Declines

Deep News09-23

According to the "2026 China Top 500 Private Enterprises" list released by the All-China Federation of Industry and Commerce on September 22, several major firms have seen notable declines in their standings. Among the most prominent fallers, three companies each dropped 12 positions compared to the 2025 ranking, with corresponding decreases in annual revenue.

New Oriental Energy Group Co., Ltd. now holds the 62nd position, down from 50th place in the previous year's list. The company's revenue fell from 156.6 billion yuan to 150.1 billion yuan, marking a reduction of 6.5 billion yuan.

Goertek Inc. currently ranks 114th, slipping from 102nd place in the 2025 ranking. Its revenue decreased from 100.954 billion yuan to 96.55 billion yuan, a decline of 4.404 billion yuan.

Zhejiang Shenghua Holding Group Co., Ltd. now sits at 222nd place, down from 210th in the prior year's list. The company's revenue contracted from 57.944 billion yuan to 54.296 billion yuan, representing a drop of 3.648 billion yuan.

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