Manufacturing individual champion refers to a high-quality enterprise with international competitiveness and domestic leading position in a certain link or product field of the manufacturing industry chain. These enterprises usually have the advantages of professional development, market competition, independent innovation, operation and management, and are an important force to promote industrial transformation and upgrading, improve supply quality and enhance international competitiveness. The Ministry of industry and information technology of the people's Republic of China organizes the selection, identification, review and evaluation of single champion enterprises in manufacturing industry every year, aiming to accelerate the cultivation and development of high-quality manufacturing enterprises and promote the construction of manufacturing power.

As a consulting company focusing on providing professional solutions for corporate strategic decisions, Sunp Consulting has many years of market research, investment consulting,IPOConsulting and other experience, has successfully served thousands of companies, including PetroChina, Toyota, Shell, Samsung Electronics, Foxconn, Siemens, Hitachi, Bosch and other world500Strong enterprises. Shangpu Consulting has also provided declaration and counseling services for a number of manufacturing single champion enterprises to help them successfully pass the identification and review. In this process, we found some common misunderstandings and traps that enterprises may encounter in the process of applying for individual championships, as follows:

Deviation of understanding of the identification criteria. Some enterprises do not have a comprehensive and in-depth understanding of the identification criteria, focusing only on some indicators or one-sided interpretation of the meaning of the indicators, resulting in deviations or loopholes in the declaration. For example, some enterprises only pay attention to the index of market share, but ignore the requirements of product quality, technical level, intellectual property rights and other aspects; whether the market share of some enterprises is calculated according to the global scope or domestic scope; whether the products of some enterprises belong to key areas or meet the requirements of new industrialization. These issues may affect the outcome of the declaration.

Inadequate preparation of declaration materials. Some enterprises are not fully prepared and standardized for the declaration materials, resulting in incomplete or untrue materials and unable to effectively support the declaration content. For example, some enterprises have failed to provide complete financial statements, patent certificates, standard certificates and other supporting materials. These issues may lead to the rejection or withdrawal of the declaration.

Neglect of review evaluation. After passing the identification, some enterprises lack understanding of the importance and necessity of review and evaluation, resulting in problems or failure to pass the review during the review. For example, some enterprises did not update the enterprise information in time after identification, resulting in inconsistent or inaccurate data during review; some enterprises did not continuously maintain or improve the advantages of product quality, technical level and market competitiveness after identification, resulting in the decline or backwardness of indicators during review; some enterprises had major safety, quality and environmental accidents after identification, or involving violations of laws and regulations, resulting in serious problems in the review or being revoked.

In response to the above misunderstandings and traps, we recommend that companies pay attention to the following points in the process of applying for a single championship:

Comprehensive and in-depth understanding of the criteria. Enterprises should comprehensively and deeply understand the meaning and requirements of the identification standards in accordance with the "Administrative Measures for the Identification of Manufacturing Individual Champion Enterprises" and "Key Areas for the Cultivation and Selection of Manufacturing Individual Champions" and other relevant documents, and select the appropriate declaration direction and content according to their own conditions and advantages. At the same time, enterprises should pay attention to the annual notice issued by the Ministry of industry and information technology of the people's Republic of China, understand the latest declaration requirements and procedures, and timely adjust the declaration strategies and plans.

Prepare the declaration materials in an adequate and standardized manner. Enterprises should prepare application materials in a fully standardized manner according to the "Application Form for Manufacturing Single Champion Enterprises" and other relevant templates to ensure that the materials are complete, true, consistent and effective. At the same time, enterprises should provide corresponding supporting materials according to the contents and indicators of the declaration, such as financial statements, patent certificates, standard certificates, market research reports, customer evaluations, etc., to support the rationality and credibility of the contents of the declaration.

Review and evaluation with continuous attention. After passing the certification, the enterprise should continue to pay attention to the review notice issued by the Ministry of Industry and Information Technology, submit the review application and related materials on time, and update the enterprise information in a timely manner. At the same time, enterprises should continue to maintain or improve product quality, technical level, market competitiveness and other advantages, to avoid major safety, quality, environmental and other accidents, or involving violations of laws and regulations, to ensure smooth review.

In short, applying for a single championship is a systematic and professional job that requires companies to have clear goals, adequate preparation, continuous attention and standardized execution. As a professional consulting company, Shangpu Consulting can provide professional counseling services for companies interested in applying for individual championships, including market research, investment consulting,IPOCounseling, etc. We can help companies conduct self-assessment, choose the direction of declaration, prepare declaration materials, conduct risk analysis and response, etc. We can help companies avoid common misunderstandings and traps in the declaration process, and improve the success rate of declaration and the pass rate of review.