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

Phnom Penh “Mystery House” raided: authorities seize over 300,000 smoking devices and related items
Phnom Penh “Mystery House” raided: authorities seize over 300,000 smoking devices and related items
A Phnom Penh venue selling electronic smoking devices — nicknamed the “Mystery House” — was raided on the night of January 15, 2026, with authorities seizing over 300,000 items and arresting the 58-year-old owner. Seized evidence included smoking machines, cigarette heads, bottles of vape juice and marijuana grinding machines.
Jan.19 by 2FIRSTS.ai
Nicotine pouch brand SNÜ launches three fruit flavours, keeps “rub-and-smell” label to reduce retail shrink
Nicotine pouch brand SNÜ launches three fruit flavours, keeps “rub-and-smell” label to reduce retail shrink
UK nicotine pouch brand SNÜ has added three new flavours—Wild Cherry, Cherry Cola and Tropical Punch—spanning multiple nicotine strengths from 9mg to 60mg. The new products also retain the brand’s “rub-and-smell” packaging feature, designed to let shoppers preview the aroma without opening the can and help lower in-store product loss.
Feb.02 by 2FIRSTS.ai
BAT Japan to launch two new VELO nicotine pouch flavours in February
BAT Japan to launch two new VELO nicotine pouch flavours in February
BAT Japan will roll out two new VELO nicotine pouch variants from Feb. 2, 2026: Smooth Peppermint Medium and Breezy Mango Intense. The products will be sold via the official glo & VELO online store, the glo Store Ginza and nationwide tobacco retail channels in Japan.
Jan.23 by 2FIRSTS.ai
China to Cancel VAT Export Rebates on E-Cigarette Products from April 1, 2026
China to Cancel VAT Export Rebates on E-Cigarette Products from April 1, 2026
China’s Ministry of Finance and State Taxation Administration have announced adjustments to export tax rebate policies, placing nicotine-containing non-combustible inhalation products within the scope of items subject to rebate cancellation. The measures will take effect from April 1, 2026.
Regulations
Jan.10
Thai Customs Region 2 seizes 22,800 YOOZ-branded vape pod heads
Thai Customs Region 2 seizes 22,800 YOOZ-branded vape pod heads
Thailand’s Customs Region 2 searched a private logistics company in Mukdahan province and seized 22,800 vape pod heads with no evidence of customs clearance. The seized items weighed 389.50 kg in total and were valued at more than THB 4.5 million (about USD 143,581.90). The photo shows packaging marked “YOOZ”.
Jan.16 by 2FIRSTS.ai
Make Your Brand Understood by the People Who Matter
Make Your Brand Understood by the People Who Matter
Feb.02