Three companies in the Xinghua Economic Development Zone – administered by Xinghua city in East China's Jiangsu province – were included in the fifth list of national "little giant" companies, released by the Ministry of Industry and Information Technology on July 14.
Little giant companies are those focusing on segmented markets and having strong innovation capabilities, high market shares, a mastery of key core technologies and excellent quality and efficiency.
The three national little giants are Donghua Chain Xinghua Co Ltd, Jiangsu Xingshun Electronics Co Ltd and Xinghua Zhongxing Electronic Manufacturing Co Ltd.
The offices of Donghua Chain Xinghua Co Ltd. [Photo/WeChat account: jsxhkfq]
Founded in May 2017, Donghua Chain Xinghua Co Ltd is a wholly-owned subsidiary funded by the Donghua Chain Group, one of the top 500 private manufacturers in China.
Donghua Chain Xinghua Co Ltd mainly engages in the processing and sales of chain and sprocket transmission parts, with over 50 percent of its products exported.