On August 5, the 2024 Fortune Global 500 list was released, with three Xiamen companies—C&D Corporation, Xiamen ITG Holding Group, and XMXYG—making the list again, ranking 85th, 142nd, and 187th, respectively. C&D Corporation and Xiamen ITG Holding Group have been listed for the eighth consecutive year, while XMXYG has been listed for the seventh consecutive year. The Fortune Global 500 list is considered the most authoritative ranking of the world's largest companies, based primarily on the previous year's revenue. This year, the combined revenue of the companies on the list totaled approximately $41 trillion, equivalent to one-third of the global GDP. The total net profit of all listed companies increased by 2.3% year-on-year, amounting to approximately $2.97 trillion.
