Xiamen-headquartered Luckin Coffee and Yealink made the list of the top 500 listed companies in China in 2019, according to local media reports Jan 9.

Luckin Coffee came 199th on the list with a total value of 66 billion yuan ($9.5 billion), while Yealink ranked 303rd with a total value of 43.4 billion yuan, 121 places 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 terms of store numbers by the end of 2018. The company plans to open more than 4,500 new 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 ranks first in global market share of SIP phones and boasts the best satisfaction from its users worldwide.

In 2019, the total value of the top 500 Iisted Chinese companies stood at roughly 63.7 trillion yuan, with a year-on-year increase of 29 percent. Ten of those companies were valued at more than 1 trillion yuan and 88 were involved in information technology.

Notably, Anta Sports and San'an Optoelectronics, which have regional headquarters in Xiamen, also made the list.