On December 16, the "2025 Hurun Global High-Quality Enterprises TOP 1000" list was unveiled in Futian, Shenzhen. Bolstered by the soaring demand for artificial intelligence chips and robust data center computing capabilities, Nvidia has ascended to the pinnacle of corporate valuation, surpassing both Microsoft and Apple. With a staggering market value of RMB 32.8 trillion, Nvidia has witnessed a remarkable 49% surge. Apple, now in second place, boasts a valuation of RMB 28.6 trillion, reflecting a 23% increase, while Microsoft has slipped to third, with its value rising by 13% to reach RMB 26.9 trillion. Among the Chinese contingent, TSMC, Tencent, and ByteDance emerge as the top three most valuable companies. Furthermore, Alphabet and Amazon have secured spots within the top five, while Broadcom and Tesla have also successfully broken into the elite top ten. In terms of geographical distribution, the United States dominates the list with 410 companies, followed by China with 158, and Japan in third place with 63.