KPMG China will officially launch the selection of "2017 Leading AutoTech 50" on July 8th. KPMG has sustained focusing on the current status and future prospects of the global automotive market and made annual assessments. The breakthrough of automotive technology is leading the new automotive products and services at an unprecedented speed, extending the automotive industry chain value system. In China, the development of intelligent network of vehicles has been elevated to a national strategic level.
KPMG China Auto Industry Partner Chen Youhe said, “According to ‘Global Automotive Executive Survey 2017’, China's auto industry executives pay more attention to intelligent network and the value of digitization and big data.”
At present, autonomous vehicles are developing to the direction of intelligence and connectivity. In this context, KPMG China will launch the 2017 China Leading AutoTech 50, hoping to provide professional opinions and programs, help Chinese enterprises cope with the business challenges brought by changes in the industry, improve their performance, manage risk, and achieve organic business growth through the sharing of latest developments in automotive technology with participating agencies.
The specific process includes the starting of registration and primary election in July, interviewing and screening from July to early September, discussing the assessment within expert jury from mid to late in September, and publishing the result at the end of October. During this selection, KPMG will start from the core concerns and then combine them with its independent research and enterprise insight model (SIP) to conduct a quantitative analysis of enterprises from technology, products, markets, financing, and other dimensions. KPMG will determine the final selection of the top 50 AutoTech companies through research, analysis, discussion and other links. The jury is composed of professionals from various fields, including KPMG industry experts and partners, executives in the automotive industry, and experts and scholars in the field of scientific research.
KPMG China TMT Partner-In-Charge Philip Ng said, following the business model innovation, the next wave of high growth dividend would appear in the field of technological innovation. Automotive technology will be another important application of technological innovation.
For the candidates, besides their data at the moment, KPMG pay more attention to their sustainability of business growth. Subsequently, KPMG will keep observing, tracking and consulting the technology companies on the list, in order to help them achieve innovative development and value appreciation.
First round registration deadline: August 11, 2017 (Friday)
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KPMG China operates in 16 cities across China, with around 10,000 partners and staff in Beijing, Beijing Zhongguancun, Chengdu, Chongqing, Foshan, Fuzhou, Guangzhou, Hangzhou, Nanjing, Qingdao, Shanghai, Shenyang, Shenzhen, Tianjin, Xiamen, Hong Kong SAR and Macau SAR. With a single management structure across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 152 countries and regions, and have 189,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
In 1992, KPMG became the first international accounting network to be granted a joint venture licence in mainland China. KPMG China was also the first among the Big Four in mainland China to convert from a joint venture to a special general partnership, as of 1 August 2012. Additionally, the Hong Kong office can trace its origins to 1945. This early commitment to the China market, together with an unwavering focus on quality, has been the foundation for accumulated industry experience, and is reflected in the Chinese member firm’s appointment by some of China’s most prestigious companies.