Shanghai Electric stays strong in China Top 500 Machinery Industry Enterprises report
On July 27, the China Machinery Enterprise Management Association (CMMA) released the 2016 China Top 500 Machinery Industry Enterprises, in which Shanghai Electric ranked 14th. According to this report, our company maintained its position over the previous year. Shanghai Electric, one of the three leading machinery entities in China, shows a plethora of strengths and comprehensive competitiveness. As for the other machinery leaders, Dongfang Electric Corporation moves up 2 places to 35th while Harbin Electric Corporation drops 3 places and ranks 51st.
The report implements the Competitiveness Value Added (CVA) evaluation model designed by World Executive Group, carrying out a comprehensive analysis about sales income, gross profit, profit ratio and growth rate.
This report is launched every year since 2003.