Tencent Holdings, Alibaba，Kweichow Moutai, Industrial and Commercial Bank of China, and Ping An are the top five companies on the list of China's Top 500 Listed Companies by Market Value in 2020, released by Wind Information recently (data date is as of Dec. 31,2020).
In LED related industries, Bull Group, San 'an Optoelectronics, Xingyu Stock and Dongshan Precision are on the list.
The market value of Bull Group and San 'an Optoelectronics exceeds 100 billion yuan, ranking the 152nd and 158th in the list with 123.3 billion yuan and 121 billion yuan respectively.Xingyu and Dongshan Precision ranked 339 and 429 on the list with market capitalization of 55.4 billion yuan and 44.5 billion yuan, respectively.
Among them, San 'an Optoelectronics ranked higher, Niu Group and Xingyu shares are new to the top 500 enterprises, while Dongshan Precision ranked lower.In fact, what is perhaps more noteworthy is the dynamics and impact of each enterprise in its own field, taking Niu Niu Group and San 'an Optoelectronics as examples.
Bull Group is a newly listed enterprise in 2020. Only 11 days after its listing, its market value has exceeded 100 billion yuan, making it the first enterprise in the field of domestic lighting electrical application products with a market value of over 100 billion yuan.
In the field of LED lighting, Bull Group is committed to the development and production of intelligent lighting and health lighting products, with a focus on the smart home market.The company's initial public offering raised 3.5 billion yuan, invested in the construction of six projects.Among them, the annual output of 180 million sets of LED lamp production base construction project has been started in December, a total investment of 744 million yuan, the future of the company's LED lamp production capacity will be significantly increased.