Three Tsinghua Holdings companies enter China Top 100 Electronics Enterprises list
Three subsidiaries of Tsinghua Holdings have entered the 2017 (31st) China Top 100 Electronics Enterprise list, which was released by the China Information Technology Industry Federation (CITIF) on July 21.
Tsinghua Unigroup was ranked 13th in the list, while Tsinghua Tongfang was listed in 20th place and New H3C Group in 50th.
The list was made by referring to statistics from the 2016 annual reports of China's major electronics companies and evaluating the size and influence of each enterprise from a number of different perspectives. Considerations that were made include the revenues of its main business, market share, technological innovation, brand influence, and corporate social responsibility projects. The list has been produced annually for 31 years since 1986.
The plaque awarded to each company included in the 2017 China Top 100 Electronics Enterprises list
Tsinghua Unigroup, whose business model is based on innovating in industries "from chips to cloud computing", has made rapid progress in terms of both technological innovation and business scale in recent years. Its position on the list rose from 18th in 2016 to 13th this year.
Tsinghua Tongfang has also made stable progress in a wide variety of sectors, from environmental protection solutions to PCs, LED chips, and security inspection systems. Its ranking has risen from 21st to 20th.
New H3C, the world-leading provider of new IT solutions, took part in the list for the first time this year. With a wide range of products covering servers, storage, networking, security, hyper-converged infrastructure, and IT management systems, the company has become a strong force in the information technology and cybershop trusteeship industries in China.
The total revenues of the companies making up the 2017 China Top 100 Electronics Enterprises list reached 3 trillion yuan ($444.44 billion) in 2016. It was a year-on-year increase of 12.9 percent, according to Zhou Zixue, vice-president of the CITIF.