Business

The Family Capital 750 Family Businesses: China becomes a big player

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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, 63 were companies based in China, including Hong Kong, and 44 in China, excluding Hong Kong. OK, this might be behind two family business superpowers, the US with 173, and Germany with 94, 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 60.70 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
Company name Family owner(s) Founded Listing status Country Family shareholding 2017 revenues in USDm 2017 number of employees Industry
 

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