Top 20 Chinese private companies 2012
- By Zhang Junmian
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E-mail China.org.cn, September 6, 2012
Xinjiang Guanghui Industry Investment Group 新疆广汇实业投资（集团）
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Xinjiang Guanghui Industry Investment Group [guanghui.com] |
Ranking 2012: 9; Revenue 2011: 80.2 billion yuan (US$12.7 billion)
Ranking 2011: 8; Revenue 2010: 64.8 billion yuan (US$10.3 billion)
Sector: Wholesale and retail
Headquarters: Xinjiang
Website: www.guanghui.com
Founded in 1989, Xinjiang Guanghui Industry Investment Group is based in Urumqi, Xinjiang. It's mainly focused on businesses involving liquefied natural gas, mining, auto service and real estate. In 2000, the company went public on the Shanghai Stock Exchange Market. As of April 2012, Guanghui had total assets of 75.2 billion yuan (US$11.9 billion) and 50,000 employees. In 2011, the company took in 80.2 billion yuan (US$12.7 billion) in revenue and 2.8 billion yuan (US$444.4 million) in net profits, and is ranked 137th among the top 500 Chinese companies in 2012.
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