Top 100 Private Enterprises in Guangdong Province 2024

Oct.29.2024

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".

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.

References:

[1] 出炉！“2024广东省民营企业100强”系列榜单来了

Also Read:

[1] 2024 Guangdong Top 100 Innovative Enterprises" Released

[2] 2024 Guangdong Top 500 Enterprises List: The Rankings Revealed

[3] Vape Companies Enter 2023 Guangdong Manufacturing Industry Top 500

#E-liquids #Asia #China #Major companies

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

Lao Shuts Down Nearly 300 Online Vape Stores in Joint Crackdown with WHO and Meta

In a coordinated effort with the World Health Organization (WHO) and Meta, the Lao Ministry of Health has taken 288 online e-cigarette stores with more than 759,599 members offline, reinforcing the country’s total ban on e-cigarettes under the National Tobacco Control Law.

Nov.20 by 2FIRSTS.ai

BAT Launches glo Hilo in Italy, Plans to Add 16 Local Production Lines to Support Mass Manufacturing and Export

BAT Italy has launched the new heated tobacco device glo Hilo in Milan, with sticks 100% made in Italy. The company plans to add 16 new production lines at its Trieste hub to support manufacturing and exports, as part of a €500 million investment in Italy’s next-generation tobacco sector.

Oct.24 by 2FIRSTS.ai

ARAC to 2Firsts | FDA’s Nicotine Pouch Pilot: What Hasn’t Changed Matters Most

In a contribution to 2Firsts, U.S. regulatory consultancy ARAC analyzes the FDA’s nicotine pouch PMTA pilot, cautioning that core evidentiary standards remain unchanged. The firm warns against overinterpreting the pilot and urges companies to act now rather than wait for uncertain regulatory shifts.

Oct.21

Great Wall Cigar explores global industrial cooperation via embassy visits in Beijing

A delegation from the Great Wall Cigar Factory of China Tobacco Sichuan Industrial Co., Ltd. recently visited the embassies of Cuba, Morocco, and Indonesia in Beijing to explore opportunities for industrial cooperation and trade expansion.