Xinhua has been listed as one of the top 100 private manufacturing companies in Shunde in 2024
After being reviewed and approved by the Top 100 Expert Evaluation Committee, the Shunde District Enterprise Federation/Shunde Entrepreneurs Association of Foshan City officially released the 2024 Shunde Top 100 Enterprises, Manufacturing Top 100, and Private Manufacturing Top 100 lists.This is the fourth time that Shunde District has released the "Top 100 Enterprises in Shunde" list and the third time that it has released the Top 100 Private Manufacturing Enterprises list. Shunde is a well-known manufacturing and private economic development zone in China. 13 new companies will be added to the top 100 Shunde enterprises in 2024, with a entry threshold of 825 million yuan. According to the entry threshold for the top 500 Guangdong enterprises in 2024, Shunde has 34 companies on the list. This is undoubtedly another demonstration of Shunde's strength as the top 100 district in the country.
A total of 142 companies were included in the three rankings, with a total revenue of 969.362 billion yuan. Among them, there are a total of 121 manufacturing enterprises, accounting for 85.21%; The total revenue was 756.236 billion yuan, accounting for 78.01%. 114 private enterprises (including joint ventures between Hong Kong, Macao, and Taiwan), accounting for 80.28%; The total revenue reached 787.118 billion yuan, accounting for 81.23%. Still highlighting the characteristics of Shunde Manufacturing Region and private enterprises as the backbone.Thanks to its steady development and outstanding performance over the past year, Xinhua Electric Co., Ltd. of Guangdong has once again been listed on the Shunde Top 100 Private Manufacturing Enterprises list!
In 2024, 10 new companies were added to the top 100 private manufacturing enterprises in Shunde, with a entry threshold of 406 million yuan, a decrease of 8 million yuan or 1.82% from last year; The total revenue was 617.45 billion yuan, an increase of 22.833 billion yuan from last year, with a growth rate of 3.84%.
In the context of unstable domestic and international situations and economic downturn in 2024, as well as severe global and national economic depression and internal competition, our company is facing enormous peer competition pressure and price war impact. Under the guidance and leadership of the company's leaders, all Xinhua Electric Appliances will make unremitting efforts to overcome difficulties. Xinhua Electric Appliances will firmly follow the path of high-quality development, promote enterprise development through innovation, continuously promote research and development upgrades, process innovation, management upgrades, and service upgrades, comprehensively enhance the core competitiveness of the enterprise with high-quality products and services, improve the supply chain network, continuously enhance the comprehensive strength of the enterprise, enhance the value of the Xinhua brand, continuously polish the Chinese lighting brand, and contribute to the development and progress of Shunde!
