Donghua ranked among the top 50 private multinational companies in Zhejiang for three consecutive years
A few days ago, under the guidance of the Zhejiang Provincial Department of Commerce, the Zhejiang Overseas Investment Enterprise Association and Zhejiang Zhijiang Multinational Corporation Research Institute jointly released the list of the top 50 local private multinational companies in Zhejiang in 2021. Donghua Chain has been on the list for three consecutive years, ranking 36th this year.
It is reported that in 2021, the "Top 50" comprehensive overseas assets, cross-border index, import and export and other 22 data constitute an indicator system, and the company’s global resource element integration capability, cross-border operation level, cross-border operation performance, and compliance operation are carried out in accordance with the weight ratio. The points are assigned through expert argumentation and finally ranked according to the scores from high to low. The average transnational index of the "Top 50" companies is 30.46%, which is 15.39 percentage points higher than the average transnational index of the "Top 100" in 2021 (15.07%).
Zhejiang local private multinational companies have become the main force leading the high-level "going out" of Zhejiang Province, and have played a major supporting role in building the "Belt and Road" Zhejiang hub. It is a two-wheel drive for expanding Zhejiang headquarters economy and expanding international market space. The development path is of great significance to the construction of a new domestic and international dual-cycle development pattern.
The companies on the list this year include Zhejiang Geely, Tsingshan Holding Group, Wanxiang Group, Rongsheng Holding Group and other well-known Zhejiang companies.
Since the export of the first batch of chains in 1995, Donghua Chain has expanded its foreign market territory year by year. Integrating global resources in 2009, fully implementing the "going out" strategy, establishing overseas sales companies in the Netherlands, Germany, the United States, the United Kingdom, and Thailand; in 2009, acquiring KBO, the second largest engineering conveyor chain manufacturer in Germany; in 2010, participating in the Japanese EK chain company. Facing foreign markets and customers directly, providing customers with efficient, excellent and convenient services and system chain transmission solutions, it has cultivated international well-known brands such as DONGHUA, KBO, and EK. The products are currently exported to more than 120 countries and regions.
In recent years, the international economic situation is complex and changeable. With its deep cultivation of chain drive manufacturing, Donghua has unswervingly integrated its global resource advantages, and all overseas companies have achieved steady development. Therefore, Donghua has been on the list for three consecutive years.
