Hua Guang (HG) is elected Single Champion by the Ministry of Industry and Information Technology (MIIT), joining a highly-selected group of manufacturing enterprises in China as recipients of this honorary status. Since 2016, only 257 companies across the country has been elected “Outstanding Single Champion”, a recognition for innovation and dedication to their respected industries.
What is Single Champion?
The official definition of Single Champion is as follows: “a manufacturing company that has dedicated to their respected market for a long time, which has a leading international position in terms of production technology and manufacturing process, as well as a leading market position in the world for a specific product category.”
The approval process of Single Champion election is lengthy and extremely competitive. Besides having strict requirements for technology and R&D capacity, there are also additional requirements for management, profitability and business strategies.
Innovations at HG