The Xiamen Entrepreneurs Day Conference was recently held, during which the 2025 Xiamen Top 100 Private Enterprises, Top 50 Manufacturing Enterprises, and Top 50 Technology Innovation Enterprises lists were officially released. With strong business performance and comprehensive capabilities, Hongfa ranked 8th among the 2025 Xiamen Top 100 Private Enterprises, 4th among the Top 50 Private Manufacturing Enterprises, and 4th among the Top 50 Technology Innovation Enterprises.
The Xiamen Top 100 evaluation is based on the national research framework of the All-China Federation of Industry and Commerce, with data analysis jointly conducted by the Xiamen Municipal Federation of Industry and Commerce and the School of Economics at Xiamen University. According to the research results, the 2025 Top 100 Private Enterprises and the Top 50 Manufacturing/Service Enterprises were ranked by 2024 revenue performance, while the Top 50 Technology Innovation Enterprises were evaluated based on R&D indicators and other comprehensive metrics. These rankings collectively reflect the strong momentum and resilience of Xiamen's private economy.
It is reported that the entry threshold for the 2025 Xiamen Top 100 Private Enterprises increased to 1.961 billion RMB in annual revenue, with the group’s total revenue growing by 5.79% year-on-year. Total net profit after tax among the Top 100 rose by 14.79%, marking the second consecutive year of growth. The 2025 list highlights a steadily rising threshold, consistent growth among large enterprises, and the strong competitiveness and innovation capability of private enterprises across industries in Xiamen.