The company has been awarded the honorary title of “Provincial Hidden Champion in a Key Sub-Sector of a Pillar Industry—Tech Little Giant.”
Category: Company News
Release date: 2020-07-29
Summary: Recently, the Hubei Provincial Department of Economy and Informatization released the list of the third batch of “Little Giant” enterprises in specialized segments of the province’s pillar industries. Huibei Tri-Ring Clutch Co., Ltd was successfully selected, with its main product—clutch assemblies—making the cut.
Recently, the Hubei Provincial Department of Economy and Informatization released the list of the third batch of “Little Giant” enterprises in specialized segments of the province’s pillar industries. Huibei Tri-Ring Clutch Co., Ltd was successfully selected, with its flagship product—the clutch assembly—recognized as a key offering.
Hidden champion enterprises are those that possess core, independently owned intellectual property, maintain technological leadership, deliver superior quality, and achieve key performance indicators that rank among the best in their domestic product categories. Moreover, they enjoy a strong market position and a substantial market share within their respective niche markets, with their overall corporate size or the revenue generated by a single product placing them among the top performers in their region.
The cumulative brand‑building effect of our company’s Tri-Ring brand is becoming increasingly evident. Having previously been recognized as a Hubei Provincial Famous Brand, this designation as an “Invisible Champion” in its specific niche was awarded in accordance with the requirements of the Implementation Plan for Cultivating Invisible Champions in Key Sub‑Sectors of Hubei Province’s Pillar Industries—following preliminary review by local science and economic departments and expert evaluation. The Provincial Department of Economy and Information Technology organized this initiative to implement the Hubei Action Plan for Made in China 2025, encouraging enterprises to embrace the spirit of “sharpening one’s sword for ten years,” remain steadfastly focused on their core competencies, pursue a development path characterized by specialization, distinctiveness, innovation, and excellence, uphold the craftsman spirit, enhance the quality and level of growth, and advance the transformation and upgrading of traditional industries while fostering strategic emerging sectors, thereby propelling the industrial sector toward the mid‑to‑high end.
Keywords: The company has been awarded the honorary title of “Provincial Hidden Champion in a Key Sub-Sector of a Pillar Industry—Tech Little Giant.”
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