C&U Group Has Been Selected 500 Chinese private enterprise
On August 29th, the list of "Chinese Private Enterprises Top 500" was announced.C&U Group won the 480th place of "China's Top 500 Private Enterprises" and the 274th of China's Top 500 Private Manufacturing Enterprise.Ranked 72nd in the top 100 private enterprises in Zhejiang.
The series of "2018 China Private Enterprises Top 500 Summit" which was co-sponsored by the National Federation of Industry & Commerce and the People's Government of Liaoning Provincial opened today in Shenyang. The summit invited representatives of the "Top 500 Chinese Private Enterprises", participants of the 12th Standing Committee of the National Federation of Industry & Commerce, and representatives of some private enterprises to attend the summit. Jiang Fei,on behalf of C&U Group was invited to attend the exhibition and witnessed the release of the list of the top 500 Chinese private enterprises.
The list of “Top 500 Private Enterprises in China” is based on the survey of large-scale private enterprises on the National Federation of Industry & Commerce, and in descending order of total operating income. Since 2010, the National Federation of Industry & Commerce has hosted the “Top 500 Private Enterprises in China” campaign every year.And released the “Top 500 Chinese Private Enterprises”,”Top 500 Chinese Private Manufacturing Enterprises” and “Top 100 Chinese Private Enterprises Service Industry”list,as well as "China’s Top 500 Private Enterprise Research Report".
C&U Group is one of the world's top ten bearing companies. Founded in 1984, it is a professional bearing manufacturer. There are 146 member companies with more than 18,800 employees and assets of 10.45 billion yuan. In 2017, the company realized sales income of 16.04 billion yuan and completed profits and taxes of 1.07 billion yuan. It has formed seven major bearing production bases in Wenzhou, Hangzhou, Wuxi, Shanghai, Nanchong, Wuhu, Huangshi, etc., C&U group has 73 bearing finished products and their accessories production enterprises, capable of bearing 30,000 in the range of inner diameter 1.0mm to outer diameter 4000mm.It produced 1.2 billion sets of bearings in 2017.
C&U Group has accelerated the pace of adjustment. At present, it has made many breakthroughs in factory intelligence, equipment intelligence, product intelligence, service intelligence and management intelligence, creating an increasingly sophisticated intelligent manufacturing plant.It is leading China's bearing enterprises have been transformed and upgraded.It is became the benchmark enterprise in China's bearing industry and entering the top ten in the world's bearing industry.
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