China issued a list of top 100 machinery companies based on their 2004 gross sales income Thursday.

The top three are Shanghai Electricity Corporation with 49.7 billion yuan (6 billion US dollars), Chunlan Corporation with 16.8billion yuan (2.03 billion US dollars) and Xuzhou Engineering Machinery Ltd with 13.6 billion yuan (1.64 billion US dollars) of gross income from sales.

These 100 companies account for 0.28 percent of the total machinery companies in China, but their sales income accounted for20.25 percent of the total. Their profit accounted for 22.06 percent of that of the total industry.

Among these 100 companies, 31 are manufacturers of electric appliances. The gross income from sales that they made accounted for 37.5 percent of that of the 100 companies.

The list also included 14 office equipment producers, whose gross income from sales accounted for 12.04 percent of that of the100 companies.

Ten companies of producing transporting machinery and 12 companies of engineering machinery were also been included in the list, with gross income accounting for 10.71 percent and 8.76 percent of that of the 100 companies.

The list was compiled by the National Bureau of Statistics, China Machinery Industry Federation and China Association of Automobile Manufacturers.

Source: Xinhua