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QSTECH's Parent Company CVTE Reappears on "Top 500 Chinese Manufacturing Enterprises" List

QSTECH's Parent Company CVTE Reappears on "Top 500 Chinese Manufacturing Enterprises" List
October 01, 2024

On September 20, at the 2024 World Manufacturing Convention held in Hefei, the China Enterprise Confederation and China Enterprise Directors Association released the 2024 Top 500 Chinese Manufacturing Enterprises list. This marks the 20th consecutive year the list has been published. With its exceptional strength and continuous innovation in the manufacturing sector, CVTE once again stood out, making the list for the eighth consecutive year.

 

Notably, on September 11, CVTE also ranked 37th on the 2024 Top 500 Chinese Enterprises list released by the China Enterprise Confederation, securing its place among the Top 100 Most Innovative Large Enterprises in China. These accolades affirm CVTE's relentless efforts and recognize its significant potential for future growth.

 

The entry threshold for the 2024 Top 500 Chinese Manufacturing Enterprises reached a new high of 17.062 billion RMB, up by 512 million RMB from the previous year. The total operating revenue of these enterprises amounted to 52.01 trillion RMB, a 1.86% increase from the past year. Enhanced innovation capabilities and steady international expansion were notable features of the 2024 Top 500 Chinese Manufacturing Enterprises. In this context, CVTE, with its innovative technology and global strategy, demonstrated profound expertise and a forward-looking vision.

Since its establishment in 2005, CVTE has built upon its accumulated hardware and software technologies in fields such as audio-visual technology, signal processing, power management, human-computer interaction, and application development. It has pursued technological innovation and product development across multiple application scenarios, strengthening its position in niche markets through product and resource integration. Moreover, CVTE has established several well-known brands in the industry, including Seewo, a provider of digital tools and services for education; MAXHUB, a smart collaboration platform; and QSTECH, an indoor/outdoor LED display solutions provider focusing on display technology.

 

As a provider of intelligent digital products and solutions centered around display, audio, interaction, connectivity, and artificial intelligence technologies, CVTE not only focuses on its main businesses of electronic components, future education, and enterprise services but also pioneers innovative developments in new business areas such as commercial displays, computing power, and smart hardware.

 

Looking ahead, CVTE will continue to adhere to its development strategy of "technology-driven and innovation-powered," increasing investment in R&D, promoting high-quality industrial development and technological innovation, and contributing more to the prosperity of China's manufacturing industry.

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