On March 27, 2013, the third general meeting of the 3rd General Assembly of the Wuxi Machinery Industry Federation was held. Xihang Chai Qian Hengrong was awarded the outstanding entrepreneur of Wuxi Machinery Industry.
Xichang's director Qian Hengrong attended the meeting as vice president of the Wuxi Federation of Machinery Industry. The theme of the conference was “to promote transformation and development and improve quality and efficiencyâ€. By summarizing the achievements of 2012, analyzing the current situation faced by the machinery industry, and deploying the major tasks for 2013, the Party’s spirit of the 18th National Congress of the CPC was further implemented, and the The government and the machinery industry meeting demanded that the Wuxi machinery industry should advance steadily, advance and upgrade, and achieve new development.
The conference also commended outstanding entrepreneurs of the mechanical industry in Wuxi City in 2012. Xichang's factory manager Qian Hengrong was awarded as outstanding entrepreneur in Wuxi's machinery industry. In the past 2012, in the face of the unfavorable environment of the internal combustion engine industry as a whole, Qian Hengrong, the head of the company, led all Xichai people in striving for steady growth and diligently forging ahead in development, which has increased the market share of Xichai Engine by 0.8%. The main operating indicators of the factory are kept at the forefront of the industry, and indicators such as total asset turnover rate, current asset turnover rate, per capita output value, and per capita sales revenue that reflect the company's operating capability rank first in the industry. Xichai was listed as one of the first “intellectual hundred companies†fostering enterprises in Wuxi City, and among the top ten companies in China’s corporate cultural competitiveness, it has maintained a steady development with both spiritual and material harvests. Representatives attending the conference unanimously agreed that the manager of Qian Hengrong was awarded the title of Outstanding Entrepreneur of Machinery Industry in Wuxi.
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