Source: Wanxiang Huakai
On the afternoon of January 10th, the Guangdong Enterprise Competitiveness Summit Forum was held in Dongguan. After three months of evaluation, the Guangdong Enterprise Competitiveness Promotion Association issued the list of “Top 20 Enterprises in Guangdong Province Competitiveness Top 500†(hereinafter referred to as “Top 500 Competitivenessâ€) for the third consecutive year. Among them, there are four companies in the industry, namely, Lee & Man Paper, Nine Dragons Paper, Dongguan Shunyu Paper, and Hucai.
List on the list (partial)
How do competitive top 500 companies choose?
Zhang Yuhong, secretary-general of the Guangdong Enterprise Competitiveness Promotion Association, said that the promotion committee has formulated a set of evaluation systems based on nearly 2,900 enterprises that meet the basic requirements for selection, targeting the scale of the enterprise, operating income, profitability, innovation capability, industry influence, etc. More than a dozen indicators to assess the competitiveness of enterprises, lasted 3 months, and finally selected the "2018 Guangdong Province Enterprise Competitiveness Top 500" list.
What are the characteristics of the selected companies?
From the perspective of regional distribution, the selected enterprises are mainly concentrated in the Pearl River Delta region, with 462 enterprises selected, accounting for 92.60% of the total. It has been selected into 21 enterprises with an operating income of over 100 billion and 127 enterprises with over 10 billion enterprises. The total total operating income totaled 1,10,705.51 billion, an increase of 19.04% over the previous year, and the average operating income was 20.314 billion. The total assets of the selected enterprises are close to 37 trillion, the total profit is more than 1.2 trillion, the net profit is close to 1 trillion, and the average net profit rate is 10.27%.
Zhang Yuhong said that from these characteristics, the high-quality growth of the representative “Top 500 Competitive Enterprises†has become a powerful guarantee for Guangdong to build an institutional mechanism to promote high-quality economic development and build a modern economic system.
A total of 23 Dongguan enterprises were selected in the list, ranking fourth in the province, behind only 226 in Shenzhen, 122 in Guangzhou and 39 in Foshan.
Judging from the data of selected enterprises, the emerging industries such as next-generation information technology, high-end equipment manufacturing, and new materials will lead the industry. Dongguan is mainly focused on computer, communications and other electronic equipment manufacturing (8), accounting for 34.78% of Dongguan's selection.
The total assets of the 23 Dongguan enterprises reached 494.876 billion, the total net profit was 18.624 billion, the R&D investment was 3.486 billion, and the total number of patents was 6431. The profitability of the selected enterprises in Dongguan and the increase in R&D investment have reached a new level. Technological innovation has become an important engine for Dongguan enterprises to enhance their core competitiveness.
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