On February 25, the Hurun Research Institute released the "2024 Hurun China 500 Most Valuable Private Companies", which lists the top 500 private companies in China based on their enterprise value. The market value of listed companies is calculated based on the closing price on November 15, 2024, while the valuation of non-listed companies is estimated based on comparable listed companies in the same industry or the latest round of financing. This is the sixth consecutive year that the Hurun Research Institute has released the "Hurun China 500 Most Valuable Private Companies".
Among them, Smoore International ranked 211th on the list with an enterprise value of 55.5 billion yuan, rising 102 places from the previous year, and is the only e-cigarette company on the list.
According to reports, Rupert Hoogewerf, a British national, founded the Hurun Report in 1999, creating China's first wealth ranking list, the "Hurun Rich List." The Hurun Report is renowned for its series of rich lists, focusing on studying the achievements of Chinese businesses and successful entrepreneurs globally.
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