Recently, the Donghua Chain Group was listed by the Zhejiang Provincial Department of Commerce and the “Top 30 Multinational Enterprises in Zhejiang Private Enterprises in 2019” issued by the Association of Overseas Investment Enterprises of Zhejiang Province.
The list is based on the “Zhejiang Enterprise Transnational Operation Performance Evaluation and Monitoring Platform” database, integrating non-financial enterprises' overseas assets, cross-border indices, and overseas investment-driven exports. It integrates global resource factor integration capabilities, transnational operations, and multinational operations. Performance and other aspects are assigned according to the weight ratio, scored by experts, and finally ranked according to the score from high to low. According to statistics, the average cross-border index of the top 30 companies in 2019 was 36.89%, an increase of 3.97 percentage points compared with 2018, which was significantly higher than the average cross-country index of the top 100 multinational companies in China (15.96%).
Among the top 30, the province's manufacturing enterprises performed strongly, with 26 manufacturing companies such as machinery, textiles and pharmaceuticals on the list. The listed companies in Hangzhou are all manufacturing enterprises, including “old faces” such as Geely, Wanxiang, Hengyi and Huali, as well as “new partners” such as Donghua Chain Group and Fortis Group. In recent years, these enterprises have continued to promote industrial transformation and upgrading by accelerating machine substitution, increasing Internet and big data applications, and achieving sustainable and high-quality development. It is a model and model for Hangzhou's “new manufacturing industry”.
Donghua Chain Group was founded in November 1991. Since the first batch of export of 500,000 yuan chain in 1995, Donghua Chain has been working in the international market for more than 20 years. It is the earliest “going out” chain enterprise in China. . By 1999, Donghua Chain has grown into a leading enterprise in the Chinese chain industry, and its export share has increased year by year. By 2008, more than 65% of its products were exported to Europe, the United States, Japan and other dozens of countries and regions, and it has been well-known to many countries. Enterprises provide products and services.
