Recently, the 2025 list of China's top 500 manufacturing enterprises was released, featuring 22 companies from Fujian Province—ranking seventh nationally—with CATL leading the provincial list. Three Xiamen-based enterprises were included: Xiamen Tungsten Co., Ltd., Chengtun Mining Group Co., Ltd., and Xiamen King Long Motor Group Co., Ltd. Xiamen Tungsten, China's largest tungsten and molybdenum products producer and exporter, has established a synergistic rare earth business system covering the entire industrial chain. Its subsidiary XTC New Energy boasts strong capabilities in lithium battery cathode materials. Xiamen Tungsten achieved total operating revenue of RMB 19.178 billion in the first half of the year, up 11.75% year-on-year. Chengtun Mining focuses on metals for new energy batteries, such as copper, nickel, and cobalt, recording first-half revenue of RMB 13.804 billion, a 20.94% year-on-year increase. Xiamen King Long Motor, a globally leading bus manufacturer, exports products to nearly 170 countries and regions across five continents, maintaining the industry’s top position in bus exports. Latest statistics show cumulative vehicle sales of 29,986 units from January to August this year, up 3.3% year-on-year.
Source：investxiamen.org.cn
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