Released by Shanghai Top 100 Enterprises

The 2019 Shanghai Top 100 Enterprises Conference was held in Shanghai on August 19. At the meeting, the 2019 Shanghai Top 100 Enterprises, Shanghai Top 100 Manufacturing Enterprises, Shanghai Top 100 Service Industry Enterprises, 2019 Shanghai Top 100 Private Enterprises, and Shanghai Private Manufacturing Enterprises were released. Top 100 Enterprises in the Industry, Top 100 Private Service Enterprises in Shanghai, and Top 50 Shanghai Top 100 Growth Enterprises in 2019.

The top three of the 2019 Shanghai Top 100 Enterprises: SAIC, Baowu Iron and Steel, and Bank of Communications; the top three of the Shanghai Top 100 Manufacturing Enterprises: SAIC, Baowu Iron and Steel, and Yihai Kerry; the top three of the Shanghai Top 100 Private Enterprises: Shanghai Vanke, Fosun International, Shanghai Steel Union.

STEP was shortlisted for three lists  

Shanghai STEP Electric Co., Ltd. was shortlisted for the 2019 Shanghai Top 100 Manufacturing Enterprises, Shanghai Top 100 Private Enterprises, and Shanghai Top 100 Private Manufacturing Enterprises, ranking 47th, 69th, and 26th respectively.
Shanghai Top 100 Manufacturing Enterprises丨47th in
Shanghai Top 100 Private Enterprises丨69th in
Shanghai Top 100 Private Manufacturing Enterprises丨26th

Characteristics of Top 100 Enterprises in Shanghai  

The list is based on the company's operating income in 2018 as the shortlist. Among the top 100 enterprises in Shanghai, the operating income in 2018 reached a record 6,908.1 billion yuan, a year-on-year increase of 13.29%. Among them, there are 21 enterprises with operating income exceeding 100 billion yuan (including 3 private enterprises), which is the largest number of enterprises exceeding 100 billion yuan since the release of the list of top 100 enterprises, and 5 new enterprises (including 16 enterprises in the previous year) 2 private enterprises). The total net profit of the top 100 companies was 443.34 billion yuan, an increase of 11.37% year-on-year; the entry threshold for the top 100 companies has increased from 4.99 billion yuan last year to 5.96 billion yuan this year. This year, 7 companies from Shanghai are among the top 500 companies in the world, and the overall ranking has improved compared with the previous year.

One of the top 100 manufacturing enterprises in Shanghai, the total operating income in 2018 reached 2,896.95 billion yuan, with a growth rate of 8.48%. Among them, there are 9 companies with more than 100 billion yuan, 14 companies with 10-100 billion yuan, and the remaining 77 companies with less than 10 billion yuan. The company with the highest revenue is SAIC with 902.2 billion yuan, followed by Baowu Group with 438.6 billion yuan and Yihai Kerry with 167.1 billion yuan. 

Shanghai's top 100 private enterprises, operating income in 2018 reached 1,390.2 billion yuan, an increase of 27.90%; net profit reached 107.7 billion yuan, an increase of 14.09%; total tax payments reached 65.9 billion yuan, an increase of 15.08%. The growth rate of operating performance of the Top 100 Private Enterprises was significantly higher than that of the Top 100 Private Enterprises in Shanghai, and the vitality of the private economy is still vigorous.

The list shows that leading companies in the emerging service industry are growing rapidly, with high performance growth and significant contributions to employment stabilization. Hucheng Information Technology (Shanghai) Co., Ltd. (Meituan Dianping) achieved operating income of 65.2 billion yuan in 2018, with a growth rate of 92.25%; the number of employees was 59,300, with a growth rate of 45.82%. The business scale has become the leader in the life service e-commerce platform industry, and the huge life service scale has created as many as 2.7 million jobs for takeaway riders. 

Four new logistics companies including YTO Express, Debon Logistics, ZTO Express and STO Express achieved operating income of 85.11 billion yuan, with a growth rate of 28.85%; realized net profit of 9.08 billion yuan, with a growth rate of 35.05%. While achieving high growth in both operating income and net profit, it has absorbed 184,000 employees, accounting for 9.04% of the top 100 companies in Shanghai, driving millions of employed people.