Top 10 private companies in China 2011

By Lin Liyao
0 Comment(s)Print E-mail, September 19, 2011
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   Xinjiang Guanghui Industry (新疆广汇实业投资有限责任公司)

   Business revenue in 2010: 64.7 billion yuan (US$10.12 billion)

Founded in 1989, Guanghui Industry Investment Co., Ltd. is based in Urumqi, Xinjiang Uygur Autonomous Region. It is a corporation mainly focusing on businesses of liquefied natural gas, mining, auto service and real estate. In 2000, the company went public on the Shanghai Stock Exchange Market (SH600256). The business income of Guanghui in 2010 was 64.7 billion yuan (US$10.12 billion), up 52.4 percent from the previous year; and the net profit was 3.57 billion yuan (US$559.2 million), up 82.9 percent. As of June 2011, the total assets of the company have reached 56.5 billion yuan (US$8.83 billion).

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