政府新闻
上海公布2025年百强企业 2025-10-08
Vehicles from SAIC Motor await loading onto a roll-on/roll-off (ro-ro) ship at a port in Lianyungang, Jiangsu province. The automaker retained its position as the second-ranked enterprise on Shanghai's 2025 list of top 100 enterprises.
Shanghai released its list of the top 100 enterprises for 2025 on Sept 23.
The enterprises on the list achieved a total revenue of 10.03 trillion yuan ($1.39 trillion) in 2024. Combined net profits rose 24.84 percent year-on-year to 665.57 billion yuan.
Official business associations, including the Shanghai Enterprise Confederation, jointly published the list.
China Baowu Steel Group and SAIC Motor retained the top two spots, while China Construction Eighth Engineering Division Corp climbed to third.
Notably, online shopping platforms PDD and Meituan entered the top 10 for the first time, signalling a significant shift in the city's economic landscape.
Along with the overall top 100 enterprises, separate rankings were released for the leading firms in manufacturing, services, the private sector, and emerging industries.
The private sector performed particularly strongly. For the first time, the top 100 private enterprises recorded a combined revenue of over 3 trillion yuan. Their combined net profits surged 69.5 percent to 224.55 billion yuan.
The growth has been largely driven by emerging industries. Among the top 10 companies with the highest net profit growth, eight are emerging industry firms.
The top 100 emerging enterprises maintained rapid expansion, with total revenue surpassing 2 trillion yuan for the first time to reach 2.2 trillion yuan, while net profits surged by 72.47 percent to 195.37 billion yuan.
By comparison, the total revenue of the top 100 companies from emerging sectors was less than 900 billion yuan in 2021.
Over the past five years, leading manufacturing companies such as Semiconductor Manufacturing International and Will Semiconductor have sustained rapid growth, driving up the performance of the list of top 100 emerging companies.
Information technology has emerged as the dominant sector among emerging enterprises, with 47 companies accounting for nearly 70 percent of total revenue and delivering net profit growth of 88.25 percent year-on-year.
Within the IT sector, retail e-commerce companies led by PDD, Meituan, and Trip.com stood out, with profits rising by nearly 90 percent.
At the same time, the top 100 service industry enterprises achieved a 41.14 percent increase in net profits.
Source: City News Service
