Recently, the Ministry of Industry and Information Technology of the People's Republic of China announced the list of the first batch of individual champion demonstration enterprises in China's manufacturing industry. Shandong Taifeng Hydraulic Co., Ltd. was on the list with its strong strength in the main product two-way cartridge valve, becoming the Jining area The only company on the list.
This month, the Ministry of Industry and Information Technology
launched a special action to cultivate and promote individual champion companies in the manufacturing industry, aiming to guide Chinese manufacturing companies to focus on innovation and product quality improvement, and promote the industry forward. To the mid-to-high end, drive Chinese manufacturing to the world. The action proposed that by the end of the year, we will summarize and promote a number of individual champion demonstration enterprises in the manufacturing industry, consolidate and enhance the company's global market position, and promote the further improvement of China's manufacturing technology level.
A single champion enterprise in the manufacturing industry refers to an enterprise that has long-term focus on certain specific product segments in the manufacturing industry, has internationally leading production technology or processes, and ranks among the top companies in the world in terms of market share of individual products.
The conditions for becoming a single champion demonstration enterprise in the manufacturing industry are: (1) the sales revenue of a single product accounts for the proportion of the company's total business revenue
(2) the market share of a single product ranks among the top in the world; (3) production technology and technology Internationally leading, product quality is excellent, and relevant key performance indicators are at the leading level of similar international products. Fourth, the company's operating performance is excellent, and its profit margin exceeds the overall level of companies in the same industry during the same period.
Taifeng Hydraulics has always been innovating in many aspects such as products and markets, and has made every effort to build a superior brand to promote corporate development. Finally, with its high-quality product quality and excellent innovation capabilities, it became the first batch of individual champion demonstration enterprises in the manufacturing industry. With the support of relevant national policies, Taifeng Hydraulics will further become more specialized, refined and stronger, increase investment in research and development, continue to improve its technological innovation capabilities, and comprehensively consolidate and enhance its position in the global market.
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