2014 Deloitte Technology Fast 50 China
Reaching new height
The Deloitte Technology Fast 50 (TF50) China Program was launched in 2005. It is part of the Deloitte Technology Fast 500 Program that started in 1995 in San Jose which quickly expanded to Europe, Asia Pacific, the Middle East and Africa. The Program is now considered as a benchmark for fast-growing technology companies across the globe.
Participants in the Deloitte Technology Fast 50 China Program will automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific Program, which annually recognizes the 500 fastest growing technology companies in Asia Pacific.
Previous award winning companies include internationally recognized technology players Tencent, Baidu, Yihaodian, Alibaba, NetEast, 360, Focus Media and Suntech Power.
Ranking & Report
This year, the program received applications from 10 cities and regions including Hong Kong, Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Dalian, Xiamen, Xi'an, and Wuhan. The top 50 selected companies are listed and non-listed companies coming from internet/ new media, semiconductor, components and electronics, software, biotech/ pharmaceutical, e-Commerce and clean tech technology / new energy sectors. These companies got high revenue growth rate in the past three years.
The top five companies selected in 2014 Tech fast 50 program had an accumulated growth rate of 6250% in the past three years. The winning company had a high growth rate of 9793% while the average growth rate of the selected company was 1076%. These figures proved the ability of achieving sustainable growth of companies in China.
The 2014 Deloitte Technology Fast 50 China Program concluded successfully at today’s award ceremony with the presence of more than 300 guests, including senior executives from fast growing companies, government officials, private equity investors, legal and accounting professionals and journalists. The fast growing nature of winning companies was fully reflected by their strong three-year revenue growth rate of 1,076 percent, more than double from that of last year. The top five winners – Xi'an Telison New Materials Co., Ltd., Beijing BOE Display Technology Co., Ltd., Chengdu Nibirutech Co., Ltd., HSTYLE and Bossun – achieved a three-year accumulated average revenue growth rate of over 6,250%.