Top 100 Private Enterprises in Guangdong Province 2024

Oct.29.2024
Top 100 Private Enterprises in Guangdong Province 2024
Guangdong Federation of Industry and Commerce released lists of top private companies, including tech giants Huawei and BYD.

On October 29th, the Guangdong Provincial Federation of Industry and Commerce (General Chamber of Commerce) successively released three lists: "Top 100 Private Enterprises in Guangdong Province in 2024", "Top 100 Private Manufacturing Enterprises in Guangdong Province in 2024", and "Top 50 Private Service Enterprises in Guangdong Province in 2024".

Top 100 Private Enterprises in Guangdong Province 2024
Shenzhen Maxwell Technology Co., Ltd. ranks 67th in the "Top 100 Private Enterprises in Guangdong Province Manufacturing Industry 2024" | Image Source: Guangdong Federation of Industry and Commerce (General Chamber of Commerce)


Among them, Huawei Investment and Holding Co., Ltd., BYD Co., Ltd., and Midea Group Co., Ltd. ranked first, second, and third, respectively, in the "2024 Top 100 Private Enterprises in Guangdong Province's Manufacturing Industry," with investments of 70.42 billion yuan, 60.24 billion yuan, and 37.37 billion yuan.


In a recent discovery, Shenzhen Miquel Technology Co., Ltd., a company specializing in e-cigarettes, ranked 67th on the "2024 Top 100 Private Manufacturing Enterprises in Guangdong Province" with a total revenue of 10,177.06 million yuan (approximately 10.178 billion yuan). This company is the only e-cigarette industry enterprise to make the list.


According to Southern Metropolis Daily, the series of rankings is voluntarily submitted by companies and based on the 2023 company's operating revenue as the basic standard. The rankings are based on the company's annual financial statements and are sorted by relevant departments after verification.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Deputy Marcos da Rosa Proposes Law to Tackle E-Cigarette Use in Santa Catarina Schools
Deputy Marcos da Rosa Proposes Law to Tackle E-Cigarette Use in Santa Catarina Schools
State Deputy Marcos da Rosa (União) has submitted a bill to the Legislative Assembly of Santa Catarina to establish a Prevention Program on E-Cigarette Use among Children and Adolescents in both public and private schools. The proposal also includes creating an intersectoral action protocol for handling cases where such devices are seized in school environments.
Aug.22 by 2FIRSTS.ai
Rutgers Study Finds Adult Nicotine Pouch Use Is Low but Concentrated Among Recent Quitters, Suggesting Harm-Reduction Potential
Rutgers Study Finds Adult Nicotine Pouch Use Is Low but Concentrated Among Recent Quitters, Suggesting Harm-Reduction Potential
Researchers at Rutgers Health report the first national estimates of daily nicotine-pouch use among U.S. adults, finding overall use remains low but is most common among people with a history of tobacco use—especially those who recently quit. The cross-sectional analysis, published in JAMA Network Open, uses 2022–2023 Tobacco Use Supplement data (>110,000 adults) to establish a baseline for future trends. Contextual data show the FDA authorized marketing for 20 ZYN pouch products in January 2025
Sep.09
Vuse Sales Halt Offset by Cost Controls; BAT Malaysia Reports $17 Million Net Profit in H1
Vuse Sales Halt Offset by Cost Controls; BAT Malaysia Reports $17 Million Net Profit in H1
In the first half of fiscal year 2025, British American Tobacco Malaysia reported a net profit of $17.07 million. The company attributed the gains to improved cost efficiency and a more focused product portfolio following the discontinuation of its Vuse e-cigarette operations in the country.
Jul.29 by 2FIRSTS.ai
Schaghticoke Fair tobacco booth cited for selling flavored e-cigarettes, violating state laws
Schaghticoke Fair tobacco booth cited for selling flavored e-cigarettes, violating state laws
At the Schaghticoke Fair in the US, a tobacco vendor was investigated for selling flavored e-cigarettes. The inspection revealed multiple violations, including failure to display a “Minimum Age 21” sign and failure to post a retail dealer certificate or certificate of registration for tobacco products. According to state law, these flavored e-cigarettes are prohibited from being sold in retail storefronts. The products have been seized pending a hearing and possible penalties.
Sep.02 by 2FIRSTS.ai
Brazil Federal Revenue Service Joint Border Enforcement Seizes 4,700 E-Cigarettes and Smuggled Phones
Brazil Federal Revenue Service Joint Border Enforcement Seizes 4,700 E-Cigarettes and Smuggled Phones
On the morning of August 1, staff from Brazil's Federal Revenue Service (RF) seized a batch of smuggled goods during a routine inspection, including 4,700 e-cigarettes and about 100 mobile phones, with a total value of approximately $44,802. The driver has been arrested.
Aug.04 by 2FIRSTS.ai
BAT Questions South Africa’s New Bill: Lack of Distinction Between Cigarettes and E-Cigarettes, Excessive Powers Pose Governance Risks
BAT Questions South Africa’s New Bill: Lack of Distinction Between Cigarettes and E-Cigarettes, Excessive Powers Pose Governance Risks
The South African Parliament is currently reviewing the Tobacco Products and Electronic Delivery Systems Control Bill, which proposes stricter regulation of cigarettes and e-cigarettes. A corporate and regulatory head from British American Tobacco South Africa (BATSA) pointed out that the bill lacks regulatory differentiation, ignores harm-reduction potential, and may weaken the legal market while fueling illicit trade. The company has called on the government to re-evaluate the draft’s content
Aug.18 by 2FIRSTS.ai