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Companies make list of top 100
JIADING led the list of districts with 12 companies included in the recently released list of Shanghai's top 100 privately owned enterprises.
The 12 honorees included Shanghai Liancheng (Group) Co Ltd, Shanghai Step Electric Co Ltd and Shanghai Apple Flavor & Fragrance Co Ltd.
Jiading officials said privately owned companies have been at the forefront of innovative research, contributing to growth in the local economy.
In June, an elevator control system called SmartCom, manufactured by Shanghai Step Electric, also was honoured as one of the top 100 Shanghai high technology achievements.
The system was firstly designed in 1998 to lift Chinese elevator control systems to international standards. SmartCom has undergone numerous upgradings since that time and is now a fifth-generation product.
The latest version transmits an elevator's operational information to a terminal. Even if the elevator is thousands of kilometers away, an engineer sitting at the terminal in Jiading can access the information.
The system improves an elevator's efficiency and reduces servicing costs. It has given 15-year-old Step Electric a leading position in its field.
Air compressor manufacturer Shanghai Sunc Co, another private enterprise in Jiading, employs 80 people and has been operating for eight years.
Annual sales now top 100 million yuan (US$15 million). Sunc now competes with multinational firms on contracts.
The company relies on its product quality rather than cost advantage for sales growth and concentrates its research on energy-saving products.
The 12 honorees included Shanghai Liancheng (Group) Co Ltd, Shanghai Step Electric Co Ltd and Shanghai Apple Flavor & Fragrance Co Ltd.
Jiading officials said privately owned companies have been at the forefront of innovative research, contributing to growth in the local economy.
In June, an elevator control system called SmartCom, manufactured by Shanghai Step Electric, also was honoured as one of the top 100 Shanghai high technology achievements.
The system was firstly designed in 1998 to lift Chinese elevator control systems to international standards. SmartCom has undergone numerous upgradings since that time and is now a fifth-generation product.
The latest version transmits an elevator's operational information to a terminal. Even if the elevator is thousands of kilometers away, an engineer sitting at the terminal in Jiading can access the information.
The system improves an elevator's efficiency and reduces servicing costs. It has given 15-year-old Step Electric a leading position in its field.
Air compressor manufacturer Shanghai Sunc Co, another private enterprise in Jiading, employs 80 people and has been operating for eight years.
Annual sales now top 100 million yuan (US$15 million). Sunc now competes with multinational firms on contracts.
The company relies on its product quality rather than cost advantage for sales growth and concentrates its research on energy-saving products.
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