Several tire companies entered the Fortune Global 500 list

Fortune Plus APP has released the latest Fortune Global 500 ranking simultaneously with the world, with many tire companies joining the list.

Horse Tire, the parent company of Continental Germany, ranks 362nd on the list, with a turnover of US$41.449 billion, a drop of 50 places compared with last year. Continental's tire business segment accounts for more than 40% of the group, and its turnover ranks fourth among global tire companies.

Bridgestone, a Japanese tire manufacturer, ranks 494th with a turnover of US$31.298 billion, down 10 places compared to last year. It is understood that Bridgestone is mainly engaged in tire production and manufacturing and has ranked first in sales among global tire manufacturers for many years.

In addition, the parent companies of China Sinochem Holdings Co., Ltd. are Fengshen and Pirelli, ranking 38th on the list. Fengyuan Tire and Shandong Energy Group, the parent company of 800 million rubber, ranked 72nd. Products Zhongrong ranks 138th, Northwest Rubber Parent Company Shaanxi Yanchang Petroleum (Group) Co., Ltd. ranks 269th, and Wanli Tire Parent Company Guangzhou Industrial Control ranks 414th on the list.

According to statistics, the total operating income of companies listed in the Fortune Global 500 this year is approximately US$41 trillion, an increase of 8.4% from the previous year. However, due to the global economic downturn, the total net profit of all listed companies this year decreased by 6.5% year-on-year to approximately US$2.9 trillion.