12 Chongqing private enterprises were listed in 2020 China's Top Private Enterprises released by the All-China Federation of Industry and Commerce on September 10.

office of Longfor Group Holdings Limited

Specifically, the threshold for the list this year exceeded 20 billion yuan. The total business income of the top 500 private enterprises is 30.17 trillion yuan, an increase of 5.85%. Their total assets are 36.96 trillion yuan, up 6.78%. The after-tax net profit is 1.39 trillion yuan, up 8.06%.

The 12 Chongqing private enterprises on the list include Jinke Holdings Group Co., Ltd., Longfor Group Holdings Limited, Chongqing HuaYu Group Co., Ltd., Chongqing Zhong'ang Investment Group Co., Ltd., Chongqing Sokon Industry Group Co. Ltd., Chongqing Casin Group Co., Ltd., Chongqing Zhongke Holding Co., Ltd., Chongqing Sincere Holding (Group) Co., Ltd., Chongqing Huanan Materials Group Co., Ltd., Bosai Group, New open Group, and Zongshen Industrial Group.

Eight of those companies have moved up their rankings. Among them, Huayu rose from 254 last year to 89 this year, making it the fastest-rising Chongqing enterprise. Moreover, Jinke rose 12 places and Longfor rose 11 places.