One big trend in Family Capital’s survey of the world’s top family businesses is the number of China-based companies on the list. This suggests China might be developing a coherent and robust family business culture, which will help to sustain the world’s second-biggest economy in the years ahead.
Out of the 750, 57 were companies based in China, including Hong Kong, and 41 in China, excluding Hong Kong. OK, this might be behind two family business superpowers, the US with 173, and Germany with 119, but China is catching up.
In the years ahead, it’s likely to catch up even further. If that happens, China’s economy will broaden out, and become more robust. Probably something for policymakers and business leaders in the West to consider as well as all the other pressures the Chinese economy is placing on Europe and the US at the moment.
Here is a list of China’s family businesses –
The Family Capital 750 - China and Hong Kong
wdt_ID Company name Family owner(s) Founded Listing status Country Family shareholding 2017 revenues in USDm 2017 number of employees Industry
1707
Hengan International Group Co., Ltd
Sze
1985
Public
China
37.30
3,046.86
21,000.00
Retail and Consumer Products
1708
Zhe Jiang Hai Liang Co., Ltd
Hai Liang Feng
1989
Public
China
49.91
5,867.90
6,330.00
Manufacturing & Industrial Products
1709
Shandong Dahai Group Co., Ltd
Hai
1988
Private
China
83.00
5,849.43
6,000.00
Diversified industries
1710
Nine Dragons Paper (Holdings) Ltd
Cheung and Zhang
1995
Public
China
64.10
5,775.30
16,400.00
Manufacturing & Industrial Products
1711
China Lesso Group Holdings Ltd
Wong
1996
Public
China
68.49
2,987.08
10,600.00
Manufacturing & Industrial Products
1712
Wanxiang Group Corp.
Lu
1969
Private
China
100.00
2,924.00
40,000.00
Automotive & Assembly
1713
Want Want China Holdings Ltd
Tsai
1962
Public
China
54.20
2,899.80
47,280.00
Retail and Consumer Products
1714
Sun Art Retail Group Ltd
Mulliez
1998
Public
China
0.00
15,725.33
147,693.00
Retail and Consumer Products
1715
Beijing Dabeinong Technology Group Co., Ltd
Shao
1993
Public
China
41.25
2,744.05
19,030.00
Technology, Media and Entertainment
1716
Great Wall Motor Company Ltd
Wei
1984
Public
China
60.00
15,548.51
60,000.00
Automotive & Assembly
1717
China Hongqiao Group Ltd
Zhang
1994
Public
China
81.10
14,341.01
50,500.00
Mining & Metals
1718
Geely Automobile Holdings Ltd
Li
1998
Public
China
42.60
14,256.18
41,600.00
Automotive & Assembly
1719
Long Yuan Construction Group Co., Ltd
Lai
1980
Public
China
39.83
2,597.83
4,704.00
Real Estate, Hospitality & Construction
1720
GOME Retail Holdings Ltd
Wong Kwong Yu
1987
Public
China
59.70
11,000.18
40,176.00
Retail and Consumer Products
1721
S.F. Holding Co., Ltd
Wang
1993
Public
China
68.00
10,926.32
136,432.00
Travel, Transport & Logistics
1722
New Hope Group Co., Ltd
Yonghao
1982
Private
China
100.00
10,773.10
70,000.00
Diversified industries
1723
Jiangsu Jiangrun Copper Co., Ltd
Luo
1989
Private
China
98.00
2,317.21
210.00
Mining & Metals
1724
Hangzhou Wahaha Group Co.,Ltd
Zong
1987
Private
China
80.00
10,316.00
40,000.00
Retail and Consumer Products
1725
Fufeng Group Ltd
Li
1942
Public
China
40.00
2,305.39
5,000.00
Chemicals
1726
Huatai Insurance Group Co.,Ltd
Hua
1997
Private
China
80.00
2,295.00
15,000.00
Diversified industries
1727
Suzhou Dongshan Precision Manufacturing Co.,Ltd
Yuan
1998
Public
China
38.70
2,251.43
11,907.00
Manufacturing & Industrial Products
1728
Beijing Orient Landscape & Environment Co.,Ltd
He
1992
Public
China
41.54
2,227.82
6,129.00
Other
1729
China Fortune Land Development Co., Ltd
Wang Wenxue
1998
Public
China
68.90
9,165.23
28,000.00
Real Estate, Hospitality & Construction
1730
Shandong Jincheng Petrochemical Group Co., Ltd
Zhoujingcai
1992
Private
China
50.61
2,152.94
1,800.00
Chemicals
1731
Guangzhou R&F Properties Co., Ltd
Zhang
1994
Public
China
32.02
8,687.36
30,897.00
Real Estate, Hospitality & Construction
1732
Sany Group Co., Ltd
Liang
1989
Private
China
56.42
8,459.20
20,000.00
Manufacturing & Industrial Products
1733
Zhongtian Financial Group Co., Ltd
Ping Luo
1980
Public
China
48.80
234.00
3,900.00
Real Estate, Hospitality & Construction
1734
Galaxy Entertainment Group Ltd
Lui
1988
Public
China
38.90
7,992.69
20,500.00
Technology, Media and Entertainment
1735
Huafon Group Co., Ltd
You
1991
Private
China
92.70
3,678.70
6,000.00
Chemicals
1736
Sanpower Group Co., Ltd
Yuan
1993
Private
China
95.00
7,643.90
25,000.00
Diversified industries
1737
Pacific Construction Group Company Ltd
Yan
1995
Private
China
90.00
77,205.00
365,425.00
Real Estate, Hospitality & Construction
1738
China Yongda Automobiles Services Holdings Ltd
Tak on Cheung
1991
Public
China
33.44
7,541.69
13,387.00
Automotive & Assembly
1739
Amer International Group Company Ltd
Wang Wenyin
1994
Private
China
100.00
72,549.40
17,500.00
Manufacturing & Industrial Products
1740
GTI Holdings Ltd
Sum Poon
1981
Public
China
100.00
68,718.83
3,388.00
Retail and Consumer Products
1741
DunAn Holding Group Co., Ltd
Yao
1987
Private
China
100.00
7,279.50
4,200.00
Manufacturing & Industrial Products
1742
JD.com, Inc.
Liu
1998
Public
China
79.50
55,685.95
157,831.00
Retail and Consumer Products
1743
Leyou Technologies Holdings Ltd
Kwok Cheung Yuk
1998
Public
China
58.09
7,198.80
722.00
Technology, Media and Entertainment
1744
Zhejiang Geely Holding Group Ltd
Shufu
1986
Private
China
98.92
46,233.40
18,000.00
Automotive & Assembly
1745
China Evergrande Group
Hui
1996
Public
China
77.17
45,611.83
125,526.00
Real Estate, Hospitality & Construction
1746
Midea Group Co. Ltd
Xiangjian
1968
Public
China
36.20
35,818.68
135,000.00
Retail and Consumer Products
1747
Dalian Wanda Group Co Ltd
Wang
1988
Private
China
50.00
33,654.04
195,000.00
Real Estate, Hospitality & Construction
1748
Country Garden Holding Company Ltd
Yang
1992
Public
China
57.17
33,291.84
124,837.00
Real Estate, Hospitality & Construction
1749
Chow Tai Fook Jewellery Group Ltd
Cheng Yu Tung
1929
Public
China
89.30
6,594.26
29,200.00
Retail and Consumer Products
1750
Yuzhou Properties Company Ltd
Kwok Ying Lan and Lam Lung On
1994
Public
China
62.38
3,176.54
4,190.00
Real Estate, Hospitality & Construction
1751
Orient Overseas (International) Ltd
Tung
1969
Public
Hong Kong
68.70
6,108.35
10,300.00
Travel, Transport & Logistics
1752
Belle International Holdings Ltd
Yiu
1978
Public
Hong Kong
41.50
6,072.58
116,810.00
Retail and Consumer Products
1753
Johnson Electric Holdings Ltd
Koo
1959
Public
Hong Kong
56.34
3,032.19
40,000.00
Manufacturing & Industrial Products
1754
Wharf (Holdings) Ltd
Woo
1886
Public
Hong Kong
60.00
5,538.27
8,800.00
Real Estate, Hospitality & Construction
1755
Li & Fung Ltd
Fung
1906
Public
Hong Kong
62.16
13,534.21
21,322.00
Retail and Consumer Products
1756
Truly International Holdings Ltd
Wah
1991
Public
Hong Kong
87.74
2,542.30
21,100.00
Manufacturing & Industrial Products
1757
Lippo Ltd
Riady
1973
Public
Hong Kong
75.00
11,454.87
1,838.00
Retail and Consumer Products
1758
K. Wah International Holdings Ltd
Lui
1905
Public
Hong Kong
51.10
2,454.41
900.00
Real Estate, Hospitality & Construction
1759
EcoGreen International Group Ltd
Yang
1994
Public
Hong Kong
35.94
4,334.98
414.00
Chemicals
1760
Sun Hung Kai Properties Ltd
Kwok
1972
Public
Hong Kong
33.40
10,018.27
37,000.00
Real Estate, Hospitality & Construction
1761
The Hong Kong and China Gas Company Ltd
Lee
1862
Public
Hong Kong
41.50
4,156.49
2,022.00
Power & Utilities
1762
Agile Group Holdings Ltd
Zhuolin
1985
Public
Hong Kong
65.66
7,566.14
17,602.00
Real Estate, Hospitality & Construction
1763
GCL-Poly Energy Holdings Ltd
Zhu
1996
Public
Hong Kong
32.50
3,656.92
17,705.00
Manufacturing & Industrial Products
1764
Brightoil Petroleum Holdings Ltd
Sit Kwong Lam
1992
Public
Hong Kong
73.00
7,371.80
493.00
Oil & Gas
1765
First Pacific Company Ltd
Salim
1981
Public
Hong Kong
45.10
7,296.80
102,530.00
Wealth & Asset Management
1766
Asia Orient Holdings Ltd
Poon
1996
Public
Hong Kong
49.80
57,473.18
460.00
Real Estate, Hospitality & Construction
1767
New World Development Company Ltd
Cheng
1970
Public
Hong Kong
43.90
7,254.11
44,000.00
Real Estate, Hospitality & Construction
1768
Henderson Land Development Co. Ltd
Li Ning and Lee Shau Kee
1976
Public
Hong Kong
72.76
3,379.52
8,590.00
Real Estate, Hospitality & Construction
1769
Jardine Strategic Holdings Ltd
Keswick
1832
Public
Hong Kong
50.10
31,556.00
444,000.00
Retail and Consumer Products
Company name Family owner(s) Founded Listing status Country Family shareholding 2017 revenues in USDm 2017 number of employees Industry
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