Recently, according to the ‘Notice on Organizing the Recommendation of the ‘Invisible Champion’ of Small and Medium-sized Enterprises in Shandong Province in 2018’ , the former Provincial Small and Medium Enterprise Bureau entrusted a third party to the small and medium-sized enterprises in Shandong Province. After the objective and fair review of the enterprise's application materials, the 223 enterprises met the criteria for the selection of ‘invisible champions’ and 133 enterprises met the conditions for the cultivation of ‘Invisible Champions’ storage enterprise.
Yantai Hongyuan Oxygen Industry Co., Ltd., a subsidiary of Bright Stone Innovation Group, was awarded the title of ‘Invisible Champion’ in Shandong Province in 2018. Yantai Sunny Hexing Environmental Protection Equipment Co., Ltd. was selected as the ‘Invisible Champion’ warehousing enterprise in 2018.
Invisible Champion: A small and medium-sized enterprise that has long-term focus on R&D, production and operation of products in a certain sub-sector, with high market share and market leadership. The Shandong Provincial Department of Industry and Information Technology requires that the competent departments of small and medium-sized enterprises at all levels strengthen the guidance for the cultivation of ‘Invisible Champions’ enterprises. The ‘Invisible Champion’ enterprises should further enhance their independent innovation capabilities and brand building, continuously enhance their core competitiveness, and promote the private economy and High-quality development.
Up to now, four companies under Bright Stone Innovation Group have been rated as ‘Invisible Champions’ by the Shandong Provincial Department of Industry and Information Technology, namely: Yantai Hongyuan Oxygen Industry Co., Ltd., Nuclear Industry Yantai Tongcin Group Co., Ltd. Yantai Hejing Ceramics New Material Co., Ltd. and Yantai Sunny Rubber Co., Ltd.; meanwhile, one company Yantai Sunny Hexing Environmental Protection Equipment Co., Ltd. entered the “invisible champion” warehousing enterprise.