Huawei is China’s biggest privately-owned company

well known research and investment business organization Hurun recently published a ranking of the richest enterprises in china, it’s called the 2021 Shuyun Hurun Top 100 Consumer Private Enterprises in China.

According to the ranking from hurun Huawei is the biggest privately-owned commercial company, with a total market value of approximately $170 billion. And the second place is one of the biggest suppliers of smart home appliances company Midea with a market value of approximately $90 Billion. And the third place is Haitian International with almost the same market value as Midea. BYD (build your dreams) is in fourth place with a $75 Billion market value and the electronic and smartphone manufacturer Xiaomi is in fifth place with over $70 billion market value.

Weilai, Nongfu Spring, Gree, Great Wall, and Anta Sports These are the other companies at the top, according to the ranking list.

Janidu Teshan
Author: Janidu Teshan

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