Jack Group, a leading Chinese sewing technology group, has been ranked 1st among Top 50 Enterprises of 2019 in China Light Industry Equipment Manufacturing. The announcement was recently made by the China National Light Industry Council.
Jack has also been named the 20th best company among Top 100 Science & Technology Enterprises in China Light Industry.
It’s worth recalling that Jack topped the list in 2017 and 2018 as well.
The selection criteria is based on the quantitative scoring of six parameters of the light industry enterprises and this includes: operating income; investment in scientific research; realised profit; growth rate of operating income; profit margin of operating income and the proportion of tax in total profits and taxes in the past year.
According to Jack, the award has valued the developments of the company and its fundamentals.
Earlier this year in January, the much awaited production site (phase I project) of Jack’s high-end intelligent sewing equipment had become operational in the former Taizhou Bay Industrial Clustering Zone.
This zone has now been upgraded to Taizhou Bay New District and provides great opportunities to Jack for its further proposed growth plans. “We will continue these developments and efforts which have given us so much recognition all these years. Continuing our endeavours, we are planning the second phase of the project now,” informed Jack.