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Home > News > Content :Xiamen Firms Make List Of Forbes Asia's 'Best Under A Billion' List

Xiamen Chine Stone Co.,Ltd | Updated: Apr 02, 2015

Forbes Asia recently released their 'Best Under a Billion' List for 2014, listing the top 200 small-and-medium-sized public companies in Asia. Most of the companies listed were from the Greater China Region, and 2 Xiamen companies made the list.


 The 'Best Under a Billion' list is a ranking of Asian companies which pays tribute to the best firms in the region with between US $5 million and US $1 billion in annual sales.


 According to the list, there were 2 companies in Xiamen which qualified. They were the Xiamen San’an Group, ranking 6th in Asia and 4th in the mainland and Hong Kong, with a total sales volume of US $600 million, and the Xiamen Savings Environmental Co., Ltd., ranking 123rd in Asia and 76th in the mainland and Hong Kong. Besides, the Zhangzhou Pien Tze Huang Group ranked 39th in Asia.


 Chinais far ahead on the list with a total of 85 companies gaining positions on the list, an increase of 22 companies over the 63 companies that were listed last year. Most of them came from the hardware and software technology industry, and the rest of them came from the pharmaceutical and biotechnology industries, as well as a few other industries.


 A total of 116 companies from the Greater China Region ranked on the list. Sihuan Pharmaceutical ranked first among the companies from mainland and Hong Kong and second in all of Asia.


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