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Multiple Battery & NEV Makers Ranked in Fortune China 500 List; CATL Stands Out as Most Profitable
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Fortune China has released the latest Fortune China 500 list.

Among new energy vehicle (NEV) firms, SAIC Motor (600104.SH) ranked the highest at 38th with a revenue of USD87.224 billion. Geely Group ranked 41st with a revenue of USD79.891 billion. XIAOMI-W (01810.HK) ranked 76th with a revenue of USD50.855 billion. LI AUTO-W (02015.HK) ranked 171st with a revenue of USD20.077 billion. NIO-SW (09866.HK) ranked 269th with a revenue of USD9.136 billion. XPENG-W (09868.HK) ranked 351st with a revenue of USD5.68 billion.

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Among battery makers, BYD COMPANY (01211.HK) ranked 27th with a revenue of USD108 billion, while CATL (03750.HK) ranked 77th with a revenue of USD50.3 billion.

In the list of the 40 most profitable companies, three companies from the battery and new energy industry chain were listed: CATL, BYD COMPANY, and ZIJIN MINING (02899.HK), with net profits of USD7.053 billion, USD5.595 billion, and USD4.455 billion, respectively.
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