On February 5, the Hurun Research Institute released the "2025 Hurun China 500," ranking the top 500 non-state-owned enterprises in China by corporate value. Four companies from Hefei secured positions on the list once again: Sungrow Power Supply Co., Ltd., Iflytek Co., Ltd., Gotion High-tech, and CENTRAL NEW EGY. Hefei ranked sixth among the "Most Preferred Manufacturing Bases for Hurun China 500 Companies."
Sungrow Power Supply Co., Ltd. maintained its leading position in the photovoltaic sector with a market value of 186 billion yuan, continuing to drive development in global PV inverter and new energy system integration. Iflytek Co., Ltd., with a market value of 116 billion yuan, stands as a pioneer in China's artificial intelligence field, consistently innovating in core technologies such as intelligent speech and cognitive large models. Gotion High-tech, valued at 78 billion yuan, has deepened strategic partnerships with well-known domestic automakers, supporting Hefei's ambition to become the "Capital of New Energy Vehicles." CENTRAL NEW EGY, with a market capitalization of 40.5 billion yuan, is rapidly advancing its integrated business model combining new energy, energy storage, AI, and computing power, demonstrating influential and innovative foresight in leading industry transformation.
Despite the ongoing restructuring within the photovoltaic and new energy sector, Sungrow Power Supply Co., Ltd., Gotion High-tech, and CENTRAL NEW EGY have shown strong operational capabilities and positive growth trajectories, indicating broad future prospects and potential. The global acceleration of energy transition is driving sustained growth in photovoltaic market demand, with global installed PV capacity projected to exceed 5,000 GW by 2030. The synergistic development of "PV + energy storage" is expected to address intermittency issues and enhance the market competitiveness of solar power. Consequently, to seize opportunities in industrial development, companies must persistently focus on technological innovation, cost control, and market expansion.
This marks the seventh consecutive year the institution has profiled the value of China's non-state-owned enterprises. Rupert Hoogewerf, Chairman and Chief Researcher of the Hurun Group, stated, "If you want to understand the development of China's private economy, the Hurun China 500 serves as an excellent reference. These enterprises form the backbone of the Chinese economy."