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Beijing News Shell Finance News: On August 5, Fortune Chinese released the latest Fortune Global 500 list. The list shows that Chinese companies have achieved a new leap forward. Among the 15 fields in which Chinese companies are listed, the development of "automobiles and parts" is relatively prominent.

Data shows that a total of 10 Chinese automobile and auto parts companies have entered the Fortune Global 500 in 2024. Among these 10 companies, Chery made the list for the first time, ranking 385th with a revenue of US$39.1 billion. The rankings of the other nine companies have mostly risen year-on-year. Last year, BYD was the Chinese company with the largest ranking improvement. This year, the company's revenue increased from US$63 billion last year to US$85.1 billion, an increase of 69 places from the previous year. At the same time, after CATL made its first appearance on the list last year, its revenue this year increased from US$48.8 billion to US$56.6 billion. Geely's revenue also rose 40 places, from US$60.4 billion to US$70.4 billion. These companies have driven Chinese cars, especially electric cars, to the world market.

This time, among the 128 companies in mainland China (including Hong Kong), excluding 5 new and re-listed companies, and 6 companies whose rankings remained unchanged, 46 companies rose in ranking, but 71 companies fell in ranking. Among them, large companies in the Internet field rose as a whole. Among the five Internet giants, except for Alibaba, which fell by 2 places, the rankings of JD.com, Tencent and Meituan all improved, and Pinduoduo was listed for the first time. Benefiting from the recovery of China's Internet industry, Meituan became the Chinese company with the largest ranking improvement in the list, jumping 83 places to 384th. JD.com Group, ranked 47th, entered the top 50 for the first time, replacing Ping An of China as the largest private company in mainland China.

Editor Jiang Fan

Proofread by Chen Diyan