The announcement ceremony for the "Guangxi Top 100 Private Enterprises in 2023" list was held in Nanning, capital of Guangxi Zhuang autonomous region, on Sept 5.

Among these businesses, two Hechi-based enterprises made it onto the list. Guangxi Nandan Nanfang Metal ranked second in the Guangxi Top 100 Private Enterprises list, while Guangxi Danquan Liquor secured the 62nd spot.

Nanfang Metal also ranked 2nd in the Guangxi Top 100 Private Manufacturing Enterprises in 2023 list, while Danquan Liquor ranked 36th, and Tianlongquan Liquor ranked 58th.

These rankings were based on the research data of private enterprises under the All-China Federation of Industry and Commerce for the year 2022. The "Guangxi Top 100 Private Enterprises in 2023" and the "Guangxi Top 100 Private Manufacturing Enterprises" lists were determined by total annual revenue. The "Guangxi Top 10 Private Employers in 2023" was determined based on the total number of employees.