Recently, the Shandong Provincial Department of Industry and Information Technology announced the second batch of manufacturing single-champion companies. With strong strength and years of industry leading position, the star product of Yantai Hongyuan Oxygen Co., Ltd., a subsidiary of Bright Stone Innovation Group. The therapeutic device (hyperbaric oxygen chamber) was successfully selected.
‘Single’: The company must focus on the market of specific sub-products for a long time, and intensively work in related fields for a long time. The production technology or process is internationally leading, and the market share of individual products is among the top in the world.
‘Champion’: It requires companies to have a championship-level market position and technical strength in relevant segments. Taking the model enterprise as an example, it is required to “have a strong market position and a high market share in the relevant segment product market, and the market share of individual products ranks among the top three in the world”, and “the specific fineness of the company’s long-term focus on targeting” In the product market, the time spent in the relevant business field is 10 years or more, or the time for the production and operation of new products is 3 years or more."
It is worth mentioning that up to now, two companies under the Bright Stone Innovation Group have won this honor. In addition to the Hongyuan oxygen industry selected this time, the belt vacuum filter of the nuclear industry Yantai Tongcin Industrial Co., Ltd. was successfully selected as The first batch of manufacturing champions in Shandong Province.