As we all know, manufacturing is the "ballast stone" for a country or region's economic development and the basis for enhancing competitiveness. As the country's largest economic province, how strong is Guangdong's manufacturing industry? The recently released "Research Report on the Top 500 Guangdong Manufacturing Enterprises in 2020" can tell us the answer.
The report shows that the total operating income of the top 500 companies reached 5.02 trillion yuan, with an average operating income of 10.035 billion yuan, a year-on-year increase of 2.4%. The number of companies selected into China's top 500 manufacturing companies has reached 30, 3 more than in 2019, further improving their competitiveness.
In terms of geographical distribution, 453 selected companies are from Pearl River Delta cities, accounting for 90.6% of the total, almost occupying the first and second tiers of the Guangdong Top 500 Manufacturing Industry. Among them, the number of selected companies in Shenzhen, Dongguan, Foshan, and Guangzhou were 106, 78, 76, and 65 respectively, totaling 325 companies, accounting for 65%. The following six cities, including Zhuhai, Huizhou, Zhongshan, Jiangmen, Qingyuan and Heyuan, have between 10 and 50 selected companies.
Looking specifically at the rankings, Huawei continues to rank first with revenue of 858.833 billion yuan. After 33 years of development, this company has become the world's leading provider of ICT (information and communications) infrastructure and smart terminals. Currently, it has approximately 194,000 employees, operates in more than 170 markets around the world, and serves a population of more than 3 billion. Ten years ago, Huawei mobile phones had only 1 million users. Today it has become the second largest smartphone manufacturer, with more than 1 billion connected devices worldwide, 700 million of which are mobile phone users.
In the first three quarters of 2020, the company achieved sales revenue of 671.3 billion yuan, a year-on-year increase of 9.9%. However, faced with many challenges, Huawei had to "survive with a broken arm" and sold all of Honor's businesses and assets. Ren Zhengfei compared this to a "divorce" ceremony and hoped that Honor would strive to "become Huawei's strongest competitor in the world, surpass Huawei, and even call Huawei down."
The latest data shows that Huawei shipped 51.7 million mobile phones in the third quarter, a year-on-year decrease of 23%, and its market share dropped from 19% to 14.9%. According to TrendForce predictions, the global market share of "New Honor" mobile phones next year will be 2%, while Huawei's will be 4%. We will continue to pay attention to where the future goes.
Ranking second is Zhengwei International, also headquartered in Shenzhen, with operating income reaching 613.899 billion yuan. This company was founded in the late 1990s and initially produced wire products. After more than 20 years of careful management, it has grown into a high-tech industrial group led by a complete industrial chain of new generation electronic information and new materials, ranking first in the world in the field of new metal materials.
The group has international headquarters in Asia, Europe, America and other places, and has set up R&D centers in Switzerland, the United States, and Singapore. It has more than 10 square kilometers of commercial development parks and 100,000 square kilometers of exploration rights around the world. area, and the total value of proven mineral resource reserves exceeds 10 trillion yuan. The founder Wang Wenyin is known as the "World's Bronze King". According to the 2020 Hurun Rich List, his net worth reached 105 billion yuan, ranking 36th.
Fii Industrial ranked third, with annual revenue reaching 408.698 billion yuan. Foxconn is a world-renowned "OEM King", but they are obviously not satisfied with the brand image of an OEM, and also want to turn into the industrial Internet field like GE. The concept was initially formed seven years ago, and over the next two years, the industrial Internet system was developed on the selected demonstration production line.
In 2015, Foxconn separated its Internet of Things, robotics, and artificial intelligence-related businesses to form Foxconn Industrial Internet, committed to becoming the world's leading provider of communications network equipment, cloud service equipment, precision tools, and industrial robots. Design and manufacturing service provider. Last year, the company's R&D expenses increased by 4.76% year-on-year to 9.427 billion yuan, which was more than half of the annual profit (18.6 billion yuan). There are more than 23,000 R&D personnel, accounting for 11.4%.
Ranking 4-7 are Midea Group, Gree Electric Appliances, Guangzhou Pharmaceutical Group, and BYD. The operating income of the above seven companies all exceeds 100 billion.
Ranking 8-10 are ZTE, CIMC and TCL. In addition, well-known companies such as Luxshare Precision (12), Konka (14), OFILM (16), Transsion (26), Galanz (33), and Haitian Seasoning (34) are all on the list.