China's enterprises are becoming more and more powerful. On September 1, china enterprise confederation and China Entrepreneurs Association released the list of the top 511 Chinese enterprises in 2119, and Sinopec continued to rank first with 2.7 trillion yuan. The entry threshold has been raised to 32.325 billion, an increase of 1.636 billion compared with 2118, and China Dongfang Electric Group Co., Ltd. ranks 511th. This represents that China enterprises are getting better and better, and the overall revenue has increased by 12.41%.

in addition, among the top 511 companies, * * * has 194 companies with revenues exceeding 111 billion, 22 more than in 2118 and 71 more in seven years. Billion revenue can be said to be a threshold, and for many industries, it is definitely a leading enterprise. What is the concept of 111 billion? More than the GDP of many cities. Specifically, six enterprises have entered the "Trillion Club", which is even worse, and it is the best enterprise in China. This time, all major cities are pursuing "trillion GDP". Now, there are 17 cities with more than one trillion. These six companies can rank in the top 15. Among them, the revenues of Sinopec, PetroChina and State Grid were 2,742.8 billion, 2,599.4 billion and 2,561.3 billion, exceeding the GDP of Shenzhen and Guangzhou in 2118. The GDP of Shenzhen is 2,469 billion yuan, and that of Guangzhou is 2,311 billion yuan.

If one enterprise is regarded as a city, these three enterprises can become China's first tier cities, while the other three enterprises with trillions can become new first-tier cities. So where did these six companies come from?

1. Sinopec

One of the two barrels of oil in China, Sinopec is a wholly state-owned enterprise, which was established in 1983 and reorganized into the current China Petrochemical Corporation in 1998. Sinopec and PetroChina have basically separated domestic crude oil exploitation, refining, oil product sales, etc. Anyway, these two companies are basically the places to use oil.

Sinopec's profit in 2118 was RMB 111.3 billion, up by 15.88% year-on-year. Before that, it often received subsidies, and now it still makes money. There are many subsidiaries and many oil fields. There are 661,111 employees. In this year's Fortune Global 511, Sinopec ranks second in the world, second only to Wal-Mart. In fact, Sinopec has been ranked first among the top 511 Chinese enterprises for more than ten years.

The closest relationship with ordinary people may be gas stations. It is understood that Sinopec has 31,121 gas stations in China. In fact, Sinopec is also the largest convenience store chain in China, with 25,111 convenience stores in Yi Jie and one in almost every gas station.

2. PetroChina

PetroChina and Sinopec are both vice-ministerial enterprises and the two largest oil companies in the world. The two companies originally belonged to China Petroleum and Natural Gas Corporation, which was originally the Ministry of Petroleum Industry. However, due to China's accession to the WTO, in order to prevent monopoly, they were split into Sinopec and PetroChina in 1998.

in 2118, the net profit of PetroChina was 52.59 billion yuan, a substantial increase of 131.7% compared with that of Sinopec. In fact, PetroChina's business is similar to Sinopec's, and the two companies have carved up the market. It owns many well-known oil fields, such as Daqing Oilfield. There are more than 111 subsidiaries with 1.47 million employees.

3. State Grid

State Grid is also a good central enterprise. Except for Guangdong, Guangxi, Yunnan, Guizhou and Hainan in China Southern Power Grid, other provinces and cities belong to State Grid, covering 88% of the area and a population of 1 billion. Electricity can be said to be an industry related to the lifeline of the national economy, which is very important.

State Grid ranked 5th in Fortune Global 511 in 2119, and 2nd in 2118, down by three places, with a total profit of 78 billion yuan, less than 111 billion yuan, still less than the four major banks, with total assets of 3.9 trillion yuan and 465 million customers. State Grid is also a highly innovative enterprise, ranking first in China in the number of patents applied, surpassing Huawei. In addition, the number of employees of State Grid has reached 911,111.

4. China Architecture

China Construction Group Co., Ltd. is the largest construction enterprise group and the largest international contractor in China. It was established in 1982. Business scope includes housing construction, infrastructure construction, real estate development and so on. This is a super giant construction enterprise, which is basically a national project. Airports, bridges, subways, landmark buildings and so on all have their presence, such as Shenzhen International Trade Building, Guangzhou New Baiyun Airport, CCTV Pants Building and other well-known buildings are all under the responsibility of China Construction Group.

In Fortune Global 511 in 2119, China ranked 21 in architecture and fourth in China, with revenue of RMB 1,199.3 billion and net profit of RMB 22.6 billion. There are many subsidiaries, including 23 companies in the construction engineering section, 17 in the international engineering section, 11 in the real estate section and 7 design and research institutes. Of course, China architecture is most famous for its eight bureaus. In 2118, the revenue of China Construction First Bureau, China Construction Second Bureau, China Construction Third Bureau, China Construction Fourth Bureau, China Construction Fifth Bureau, China Construction Sixth Bureau, China Construction Seventh Bureau and China Construction Eighth Bureau were RMB 111.6 billion, RMB 133.8 billion, RMB 232 billion, RMB 111 billion, RMB 83 billion, respectively. Donkey kong's revenue has basically exceeded 111 billion.

It is understood that China Construction Group has been awarded the title of "Outstanding Enterprise" by the State-owned Assets Supervision and Administration Commission for five consecutive years. It can be seen that the performance is really good. After all, no one can easily get the resources of state-owned projects.

5. Needless to say, ICBC is the largest bank in the universe. Among the top 511 Chinese enterprises in 2119, ICBC became the most profitable enterprise in China with a net profit of 297.676 billion yuan, earning 815 million yuan a day. However, this is only the achievement in 2118. Just recently, ICBC released its performance report for the first half of 2119, showing that its profit was RMB 168.69 billion, and it earned RMB 931 million a day, which means that ICBC earned RMB 1 billion more every day. It is said that this profit is equivalent to 3 Tencent and 8 Maotai.

besides, this 297.676 billion profit, ranked by revenue, can enter the top 66 of the top 511. Vanke Group's revenue was 297 billion, ranking 67th. ICBC's profit is equal to Vanke's revenue, which makes many enterprises feel ashamed. It is understood that ICBC's income mainly comes from interest, so many corporate loans and so many personal mortgages are actually working for banks. While working for the bank, the enterprise can get a little, but the individual is completely pure expenditure, and this house will not make money for you, except for real estate speculation.

6. Ping An Insurance

China Ping An is a company with scattered shares. It is neither a state-owned enterprise nor a private enterprise, nor a foreign capital. It has no absolute controlling party, but it is a very profitable enterprise. It can be a shareholder of China Ping An and basically makes money lying down.

in 31 years, Ma Mingzhe has built a company that started with 21,111 yuan into the largest insurance company in the world with assets exceeding 5 trillion yuan. China Ping An's business is very extensive, with insurance as its core business, as well as banking, securities, funds, P2P, medical care and other industries. Revenue was 119.93 billion and net profit was 117.4 billion. However, like China Industrial and Commercial Bank, profits soared again in 2119, with a net profit of 97.676 billion yuan in the first half of the year and a daily income of nearly 541 million yuan. Half a year's profit almost catches up with last year's profit. It seems that China Ping An's profit will exceed 211 billion this year, which is to compete with the four major banks.

The revenue of these enterprises is so high that it can actually be understood as resource-intensive, that is, their business can't be shared by others. Needless to say, PetroChina, Sinopec and State Grid. However, fortunately, private enterprises have now found development opportunities in other industries, such as Huawei, with a revenue of more than 721 billion, which is also very powerful. Suning Group has more than 611 billion yuan and a wide range of business. In the future, more private enterprises will attack the "Trillion Club".

In fact, the fortune 511 giants are getting stronger and stronger, which means that the survival space of enterprises outside the fortune 511 is smaller, that is, the life of small and medium-sized enterprises will not be so easy. Of course, fortunately, the internet is the last piece of pure land, and the state-owned assets are not involved too much. There is still a chance to break out a giant.