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Qingdao Civil Economic Development Bureau released the list of manufacturing small and medium-sized "hidden champion" enterprises in 2019, announcing 22 Qingdao-based manufacturing enterprises win the title. Among them, two enterprises are from Qingdao High-tech Zone, namely, Qingdao Hilywill Advanced Materials Technology Co.,Ltd. and Qingdao LKC Hydraulic.
The title of "hidden champion" is valid for 3 years according to relevant regulations. When expire, Qingdao Civil Economic Development Bureau will re-confirm those that passed the review. The title will be cancelled if the enterprise fail to pass the review.
Next, Qingdao High-tech Zone will guide small and medium-sized enterprises to pay more attention to innovation and quality improvement, and reinforce their core competitiveness to achieve high-quality development.