The 2021 Fortune 500 list was released on August 2. The operating income of the Fortune 500 companies this year is approximately US$31.7 trillion, down 5% from last year. The threshold (low sales revenue) to enter the rankings has also dropped from US$25.4 billion to US$24 billion. The total net profit of all the companies on the list this year is 1.6 trillion U.S. dollars, a sharp drop of 20% year-on-year, which is a sharp drop since 2009. Among the 26 industries on the list, 21 industries have experienced a year-on-year decline in total profits. Among them, the profit of the energy industry fell sharply, reaching 97%.
The Chinese companies entering the 2021 rankings have not only expanded their advantages in number, but also improved their business conditions in horizontal comparison. This time, 9 companies in the non-ferrous industry were on the list, followed by China Minmetals Corporation (65th), Zhengwei International Group Co., Ltd. (68th), Aluminum Corporation of China (198th), Jiangxi Copper Group Co., Ltd. (225 people), Shandong Weiqiao Venture Group Co., Ltd. (282 people), Jinchuan Group Co., Ltd. (336 people), Tongling Nonferrous Metals Group Holding Co., Ltd. (407 people), Hailiang Group Co., Ltd. (428 people) He Zijin Mining Group Co., Ltd. (486th). Among them, Jiangxi Copper Industry Group Co., Ltd. rose more than one hundred places.