Overview
Hengli Group, based in Suzhou, is the largest company in the Chinese top 25 without state ownership outside internet retail and insurance.[1] Founded in 1994 as Wujiang Huayi Textile, it operates oil refining, petrochemicals, polyester materials and textiles, and took its current name in 2023.[17] Revenue was US$125.1bn on a profit of US$439.7m.[1]
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Hengli Group peers and competitors
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- State Grid
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- CITIC Group
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