10 Ningbo enterprises among top 500 Chinese listed companies

Ten enterprises from Ningbo, East China's Zhejiang province made the 2021 list of China's top 500 listed enterprises released by market tracker Wind Info.

The value of listed companies was based on their closing prices on Dec 31.

Of the 10 Ningbo enterprises that were listed among the top 500, two are listed on the Hong Kong Stock Exchange, while the rest have gone public on A-share markets.

Three of them - Bank of Ningbo, Sunny Optical Technology (Group) Co Ltd and Shenzhou International Group Holdings Limited - made it to the top 100, ranking 59th, 72nd and 94th, respectively.

The Bank of Ningbo had the highest market value in the city. Its value was calculated to be 252.8 billion yuan ($38.9 billion), up 19 percent year-on-year. The bank was followed by Sunny Optical Technology (221.1 billion yuan) and Shenzhou International (184.2 billion yuan).

In addition to the top three enterprises, five companies from the city were newcomers in the national top 500 list - Yunda Holding Co Ltd, Ningbo Tuopu Group Co Ltd, Ginlong (Solis) Technologies Co Ltd, Shanshan Corporation and Ningbo Ronbay Lithium Battery Material Co Ltd.

Bull Group and Ningbo Zhoushan Port Group Co Ltd both fell in the rankings compared with the previous year.

Bull fell 54 places to 206th with its market value of 100.6 billion yuan. Ningbo Zhoushan Port was ranked 318th with its value of 62.8 billion yuan, down 12 slots.

Twenty-two companies from Hangzhou, the provincial capital of Zhejiang, also made this year's top 500 list.