2026 Private Sector Top 500 Decliners: Qilu Pharmaceutical, Tangrenshen, and Zhongda Holdings Each Slip Eight Spots

Deep News
Sep 23

The All-China Federation of Industry and Commerce released its "2026 China Private Enterprises Top 500" ranking on September 22, which tracks the nation's largest private firms by revenue.

Qilu Pharmaceutical Group Co., Ltd. now sits at 349th place, dropping eight positions from its 341st rank in the 2025 list. The company's revenue fell from 37.819 billion yuan to 37.119 billion yuan, a decrease of 700 million yuan.

Tangrenshen Group Co., Ltd. is ranked 444th this year, slipping eight spots from 436th in the previous edition. Its revenue declined by 1.149 billion yuan, coming in at 29.696 billion yuan compared to 30.845 billion yuan in the prior period.

Zhongda Holding Group Co., Ltd. has fallen to 485th place, down eight positions from 477th last year. The company's revenue dropped by 1.593 billion yuan, from 28.062 billion yuan to 26.469 billion yuan.

This ranking reflects the latest performance shifts among major private enterprises, with these three firms experiencing notable revenue contractions alongside their ranking declines.

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