Xiamen-headquartered Luckin Coffee and Yealink made the list of top 500 listed companies in China in 2019, according to local media reports on Jan 9.
Luckin Coffee came to the 199th place on the list with a total value of 66 billion yuan ($9.5 billion) while Yealink ranked the 303rd place with a total value of 43.4 billion yuan, 121 slots higher than last year.
Founded in 2017, Luckin Coffee operates over 3,000 stores across 40 cities in China and surpassed Starbucks as the country's largest coffee chain operator in term of store numbers by the end of 2018. The company plans to open more than 4,500 stores by the end of 2019.
Yealink is a solution supplier to video conferencing, voice communications and collaboration. As one of the best providers in more than 140 countries and regions, including the United States, the United Kingdom and Australia, Yealink takes the first place in global market share of SIP phone and boasts the best satisfaction from its users worldwide.
In 2019, the total value of top 500 Iisted Chinese companies stood at roughly 63.7 trillion yuan, with a year-on-year increase of 29 percent, of which 10 were valued at more than one trillion yuan and 88 involved in information technology.
Notably, Anta Sports and San'an Optoelectronics with their regional headquarters in Xiamen also made the list.