4 Huangpu companies listed among China's top 500

A total of four companies from Guangzhou Development District were listed among China's top 500 companies in 2020, according to the list released by Fortune magazine's Chinese edition on July 27.

These four companies were China Southern Airlines, Kingfa Sci and Tech Co Ltd, Guangzhou Rural Commercial Bank, and GF Securities, each ranking 69th, 330th, 383rd, and 407th on the list.  

GF Securities and Guangzhou Rural Commercial Bank were also listed among the top 40 companies in China with the highest profit rate, with the rate of these two companies each reaching 33.05 percent and 31.79 percent.

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