The top 100 private oil and chemical companies in 2021 are released (full list)

On December 28, the 2021 Top 100 Private Petroleum and Chemical Enterprises Sales Revenue Ranking Release Conference was held online. Hengli Group, Zhejiang Rongsheng Holding Group and Zhejiang Hengyi Group ranked among the top three of the top 100 private enterprises with operating revenues of 695.335 billion yuan, 308.6 billion yuan and 266.076 billion yuan respectively.

Li Shousheng, President of the China Petroleum and Chemical Industry Federation, pointed out in his speech that the top 100 companies, as advanced representatives of private enterprises, have further highlighted their status in the industry and played the role of "leader" of private enterprises. Statistics show that in 2020, the top 100 private enterprises had an operating income of 3 trillion yuan, accounting for 27.1% of the industry's operating income of 11.08 trillion yuan; the total profit was 147.9 billion yuan, accounting for 28.7% of the industry's total profit of 515.55 billion yuan. Among them, the top 100 companies had an income of 2.68 trillion yuan in petrochemicals, a year-on-year increase of 2.8%; the total profit was 147.9 billion yuan, an increase of 4.1 billion yuan over the previous year, a year-on-year increase of 2.9%.

Li Shousheng said that from the data analysis, the asset profit rate of the top 100 private enterprises in 2020 was significantly higher than the industry average, and the asset profitability was also significantly better than the industry average. Not only did the economic benefits continue to improve, but high-quality development also took new steps. The top 100 enterprises actively promoted the implementation of technological transformation projects. That year, 43 enterprises had major projects put into production, and 25 enterprises achieved major technological breakthroughs; many enterprises also increased investment in new materials, energy conservation and environmental protection, green and low-carbon, and new energy industries, and integrated production, learning, research and application.

"Today's industry development has entered a new stage dominated by self-reliance and independent innovation and cross-border collaborative innovation. In 2022, private enterprises must implement an innovation-driven development strategy, continuously increase efforts to explore the domestic market, strengthen future-oriented technological innovation, accelerate the transition to a green and low-carbon development mode, focus on cultivating "specialized, precise and innovative" small and medium-sized enterprises, vigorously promote entrepreneurial spirit, and promote high-quality development to a new level." Li Shousheng emphasized.

Wang Jingmin, Secretary General of the Small and Medium Enterprises Working Committee of the Petrochemical Federation, made an analysis report on the top 100. The report pointed out that the comprehensive strength of the top 100 companies has been significantly improved in the past two years. Not only have the petrochemical revenues and profits of the companies increased year-on-year, but the number of employees has also increased year-on-year. There are also 18 top 100 petrochemical companies on the list of China's top 500 companies in 2021; 28 top 100 petrochemical companies are on the list of China's top 500 private enterprises in 2021, among which Hengli Group ranks among the top three.

Wang Jingmin said that in the past five years, the total profits of the top 100 companies have continued to grow steadily. Compared with the profitability of the entire industry, the top 100 companies have shown a steady growth trend, and the industry concentration has gradually increased. Among them, the total profit of the top ten petrochemical companies on the list this year was 75.78 billion yuan, accounting for 51.24% of the total profit of the top 100 companies; the total petrochemical revenue of the top ten companies was 1.59 trillion yuan, accounting for 59.3% of the total petrochemical revenue of the top 100 companies; the R&D investment of the top ten companies was 9.9 billion yuan, accounting for 31% of the total R&D investment of the top 100 companies.

In addition, 15 of the top 100 companies were recognized by the Ministry of Industry and Information Technology as "green manufacturing" demonstration companies, and 6 were recognized by the Ministry of Industry and Information Technology as national technology innovation demonstration companies. 91% of the top 100 companies have already laid out strategic emerging industries, most of which are concentrated in new materials, energy conservation and environmental protection, and new energy industries.

To support the development of small and medium-sized enterprises, Lian Li, the second-level inspector of the Small and Medium Enterprises Bureau of the Ministry of Industry and Information Technology, said that three batches of 4,762 national-level specialized, sophisticated and innovative "little giants" have been cultivated, driving the cultivation of 40,000 provincial-level specialized, sophisticated and innovative small and medium-sized enterprises. The goal of cultivating specialized, sophisticated and innovative enterprises in the "14th Five-Year Plan" is to support small and medium-sized enterprises to become the birthplace of innovation and improve the gradient cultivation system of innovative small and medium-sized enterprises; second, to develop one million innovative small and medium-sized enterprises, 100,000 provincial-level specialized, sophisticated and innovative enterprises, 10,000 national specialized, sophisticated and innovative "little giants" enterprises, and 1,000 manufacturing single champion enterprises. Through digital empowerment, innovation integration of large, medium and small enterprises, and collaborative innovation of industry, academia, research and industrial chain, a vibrant industrial ecology will be built.

Zhu Jianmin, member of the National Committee of the Chinese People's Political Consultative Conference, vice president of the China Chamber of Commerce, and chairman of the board of directors of Oak Holding Group, a top 100 company, pointed out that the "dual carbon" goal is a challenge and an opportunity for oil and chemical entrepreneurs. The "dual carbon" goal accelerates the energyization of oil and chemical hydrogen resources, prompts more crude oil to be used in the production of chemical raw materials, accelerates scientific and technological innovation and the survival of the fittest in oil and chemical companies, and accelerates the development of carbon dioxide resource utilization technology and industrial development. This year's Central Economic Work Conference made more scientific and reasonable requirements and arrangements for correctly understanding and grasping carbon peak and carbon neutrality, and proposed not to engage in "campaign-style" and "one-size-fits-all" carbon reduction, and "realize the transformation from 'dual control' of energy consumption to 'dual control' of total carbon emissions and intensity as soon as possible." The adjustment and introduction of this series of policies are exactly what entrepreneurs expect.

Wu Fu, vice president of the China Petroleum and Chemical Industry Federation, presided over the meeting and delivered a summary speech. Wei Naixin, director of the China Chemical Economic and Technological Development Center, read out the "2021 China Petroleum and Chemical Private Enterprises Top 100 List and 2021 National Petroleum and Chemical SMEs Public Demonstration Platform List".

　　

　　

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Yu Hong

China Chemical Industry News