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2 enterprises in Qingdao High-tech Zone to be awarded as “hidden champions”

2020/10/29 14:25:38   source:sdchina.com

Recently, Qingdao Municipal Bureau for Private Sector Development publicized the list of “hidden champions” among small and medium-sized manufacturing enterprises in Qingdao in 2020. Among the 33 enterprises selected are Qingdao Baojia Automation Equipment Co., Ltd and Qingdao Bonin Fortune Intelligent Transportation Technology Development Co., Ltd. in Qingdao High-tech Zone.

“Hidden champions” identifies enterprises that focus on and have significant competitive advantages and innovation ability in the research and development and production of products of a certain subdivided industry. “Hidden champions” rank high domestically or even globally in terms of share in market segment or export value, and have a dedicated development strategy, a scientific system, unique product services, stable customer relations, sustainable market demand and significant operating benefits. Up to now, a total of 8 enterprises in Qingdao High-tech Zone have been approved as “hidden champions”.

Qingdao High-tech Zone will continue to guide small and medium-sized enterprises to aim at being “hidden champions” through specialization, refinement and innovation, focus on innovation and improvement of product quality, enhancemeng of core competiveness, and realization of high-quality development.

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