The Fifth Light Industry Entrepreneurs Summit Forum & Awards Ceremony for Top 100 Enterprises organized by China National Light Industry Council was held in Jingxi Hotel today. Haier Group topped the list of "Top 100 Enterprises in Chinese Light Industry 2015" for the fifth consecutive year. It also ranked No. 1 in the list of "Top 100 Enterprises in R&D Capabilities in Chinese Light Industry 2015".
"Top 100 Enterprises in Chinese Light Industry", as an authoritative list for evaluating the competitiveness of enterprises in the light industry, provides a set of important criteria for measuring the growth vitality of enterprises in Chinese light industry. This list is based on a comprehensive evaluation on enterprises which takes the characteristics of Internet era into account and focuses on the enterprises' operation revenue, total profit, profit margin, tax to profit-and-tax ratio, e-commerce revenue, R&D investment, revenue growth and other indicators in 2015. An enterprise is required to be able to achieve a balanced development and have exceptional market vitality to be included in this list.
The average main business revenue of Top 100 Enterprises in Chinese Light Industry in 2015 was RMB 23.4 billion. Among the 100 enterprises, 4 enterprises registered a main business revenue of over RMB 100 billion. As the No.1 among the Top 100 enterprises, Haier Group has witnessed a steady growth in recent years through its exploration of the Internet Model. In 2015, Haier achieved a global turnover of RMB 188.7 billion with a compound growth rate of 6% over the past decade, and a profit of RMB 18 billion with a growth rate of 20% on a year-on-year basis. Since 2007, Haier's compound growth rate of profit has been staying above 30%, 5.5 times that of revenue. Moreover, Haier has transformed itself into an open entrepreneurial platform. Among the 180 microenterprises on the platform, 100 ones have achieved an annual revenue of over RMB 100 million, 24 ones have introduced venture capital, and 12 ones are worth well over RMB 100 million based on the corporate valuation. Haier's platform has offered over 1.3 million jobs for the society.
With excellent R&D and innovation capabilities, Haier Group also ranked No. 1 in the list of "Top 100 Enterprises in R&D Capabilities in Chinese Light Industry 2015". By upholding the innovation philosophy that "The world is our R&D department", Haier brings global resources together in an open way to build an open innovation platform combining online with offline activities. In the offline world, Haier has set up five R&D centers globally which seamlessly provide access to over 100,000 first-rate resources as well as over 1.2 million scientists and engineers to form an innovation ecosystem of first-rate resources. In the online world, Haier's HOPE platform is dedicated to building the world's largest innovation ecosystem and end-to-end innovation and interaction community. Currently, it can access 3.2 million first-rate resources all over the world with more than 370,000 registered users, produces more than 6,000 creative ideas on average each year, and has successfully incubated 220 innovation projects on a cumulative basis.
Haier Group's exploration of Internet Model has become a model of transformation for Chinese enterprises, while receiving a lot of attention from the global business and management circles. Recently, Haier closed the acquisition of GEA, a century-old appliance company. With GEA being incorporated into the Haier family, Haier made one step forward in implementing its strategy of creating global brands in the Internet era. The outstanding achievements made by Haier in exploration of management model as well as innovation and transformation of enterprise indicates that in the Internet era featuring accelerating transformation, only those enterprises that dare to challenge traditions and act as pioneers in innovations can realize great-leap-forward development. This is also a subject about transformation faced by all Chinese enterprises, including those in light industry.
