On August 22, China Top 500 Private Enterprises Summit 2019 was held in Xining. This summit is sponsored by All-China Federeation of Industry and Commerce and the People's Governmnet of Qinghai Province. Lists of "2019 China Top 500 Private Enterprises", "2019 China Top 500 Private Enterprises of Manufacturing Industry" and "China Top 100 Private Enterprises of Service Industry" were officially released.
Huabel Electronic Technology, a wholly-owned subsidiary of Huaqin Telecom, ranked 311th in "China Top 500 Private Enterprises" with a revenue of 27.2 billion yuan, and is the only ODM enterprise shortlisted. At the same time, it ranked 178th on the list of "Top 500 Private Enterprises of Manufacturing Industry" and ranked the top in the ODM industry.
The "China Top 500 Private Enterprises" list is based on the survey on private enterprise above designated size by All-China Federeation of Industry and Commerce, where enterprises are ranked in descending order according to the total annual revenue of the previous year. This year, the threshold for the Top 500 private enterprises has been further raised to 18.586 billion yuan.
The summit also summarized new phenomena of China Top 500 private enterprises in 2019: The entry threshold continues to lift; Super large enterprises keep growing; Profits have increased; Social contributions witness ongoing increase; Industrial structure undergoes continuous optimization; The pace of going global has accelerated and the total export volume has rised considerably.
Founded in August 2005, Huaqin set up its first manufacturing center in 2008. After more than a decade's development, Huaqin has achieved many breakthroughs in smartphone, tablet, laptop, IoT, automotive electronics and other product lines, earning a leading position among global intelligent hardware ODMs. Today, Huaqin serves many global technology companies and owns five R&D centers in Shanghai, Dongguan, Wuxi, Xi'an and Nanchang, and two manufacturing centers in Nanchang and Dongguan. It has also expanded investmentOver the years, Huaqin continues to facilitate intelligent transformation and upgrading, and has realized intelligent and large-scale manufacturing, maintaining a good development trend, and achieving an overall improvement in economic and social benefits. Adhering to the concept of assisting customer to succeed, Huaqin will continue to increase investment in design, R&D, high-end intelligent manufacturing, persist in independent innovation, and push the enterprises towards high-quality intelligent manufacturing, so as to build a win-win platform for customer and enterprise.