The Hurun Research Institute in association with leading real estate platform Shimao Haixia released the Hurun China 500 Most Valuable Private Companies 2020, a list of the Top 500 Chinese private enterprises according to their market value.
Shandong-based Haier Smart Home and GoerTek Holding, with a value of 222 billion yuan and 133 billion yuan respectively, were among the top 100, with GoerTek ranked 25 places higher than last year.
In addition, there are another 18 private enterprises such as Weiqiao Pioneering Group and Nanshan Group listed in the top 500.