2011 China's Machinery 500 announced

On July 26, 2011, the “China Machinery 500 Research Report” and the “World Top 500 Machinery Machinery” conference were held in Beijing. Shanghai Automotive, Dongfeng Motor, and FAW Group were among the top three in the “China Machinery 500 Research Report”. At the same time, among the "World Machinery 500" published in 2011, 81 Chinese machinery companies were selected. Shaanxi Drum Power, Baoji Petroleum Machinery, Zhongping Nenghua Machinery Group, Hengshui Haijiang Filter Press Group, Lanzhou Lanshi Group, Qilu Petrochemical Machinery and a number of petroleum and chemical equipment enterprises were selected. This event was sponsored by the China National Association of Machinery Industry Enterprise Management Association, the Institute of Mechanical Industry Economic Management and the World Manager Group.

According to reports, the “China Machinery 500 Research Report” still uses the corporate competitiveness evaluation model (CVA) designed by international enterprise laboratories in accordance with international conventions. It combines data on sales revenue, total profits, asset profitability, and growth rate of the company. Industry diversity, reputation index and other factors were comprehensively analyzed. The World Business Laboratory (WCL) is a research institution for industrial policy, corporate management and competitive strategy under the leadership of icxo.com, chaired by Prof. Robert Mundell, the Nobel Prize winner in economics.

Sun Bohuai, chairman of the China National Machinery Industry Enterprise Management Association, issued a report saying that it came from the general equipment manufacturing, transportation equipment manufacturing, electrical machinery and equipment manufacturing, special equipment manufacturing, instrumentation and cultural office machinery manufacturing, metal products, integrated Among the seven industries, 500 companies were selected, among which the most popular was the general equipment manufacturing industry, with a total of 142 companies, accounting for 28.40% of the top 500; and a total of 133 companies for the transportation equipment manufacturing industry, accounting for 26.60%. There are 121 electrical machinery and equipment manufacturing industries, accounting for 24.20% of the top 500 companies. Among them, Weichai Holdings, Xinjiang Tebian Electricians and Shaanxi Automobile Group have become the best performers of the year.

According to the data from the World Enterprise Laboratory Survey, the sales revenue of the “China Machinery 500” enterprises in 2011 totaled RMB 5,941,109 million, an increase of 30.27% over the previous year; the total profit was RMB 483.131 billion, an increase of 30.77% over the previous year. It can be seen that under the complicated domestic and international economic environment, the Chinese machinery industry has consolidated and expanded the results of responding to the impact of the international financial crisis. Production and sales have achieved rapid growth, the benefits have set a new record in history, and structural adjustments have made significant progress. In particular, 12 of the top 20 large companies are in the automotive manufacturing industry; 25 of the top 50 are automobile manufacturers. The production and sales of the automotive industry still achieve rapid growth, and its contribution to the machinery industry and even to the national economy is still very large. It is the “engine” for the growth of the machinery industry in 2010.

Yuan Haodong, president of the World Executive Group, believes that "the world's machinery 500" is the world's first comprehensive comparison of the world's machinery companies. This year, a total of 81 companies were selected in China, of which the top three companies in the mainland were SAIC Motor Corporation, Dongfeng Motor, and FAW Group, ranking 10th, 22nd, and 28th respectively. Most companies are ranked after 200. Judging from the total number of companies selected, the United States still holds the top position with 122 companies selected. Japan ranks second with 119 and China ranks third. Germany, France and South Korea ranked fourth to sixth respectively.

The 2011 "China Machinery 500 Research Report" was the ninth since its first release in 2003. The unbalanced development of China’s economy determines the unbalanced development of China’s machinery industry. It also determines that the top 500 machinery companies exhibit a large imbalance in their geographical distribution. Except for Tibet, there are 30 provinces, autonomous regions and municipalities directly under the Central Government. Machinery enterprises entered the top 500. The four provinces and cities with the largest number of enterprises are Zhejiang, Jiangsu, Shanghai, and Shandong, and 263 companies are located in the East China region, accounting for 52.60% of the top 500 companies. Among them, 80 companies are listed in Zhejiang, and 70 enterprises in Jiangsu are selected, while Shanghai There were 40 and 36 companies in Shandong and Shandong respectively.