The research teams of “Harvard Business Review” of Chinese and English editions have jointly published the annual list of “China Top 100 Best-Performing CEOs in 2017”, in which Xue Jiping, President of ZTT, has risen from the 99th of last year to the 77th.
This time, the standards for eligibility have also incorporated the aspect of sustainable development, i.e. the companies’ environmental, social and governing (SEG) achievements, as an important parameter, apart from the list’s traditional emphasis on changes in shareholders’ return and market capitalization. ZTT has seen remarkable improvements in all these four parameters compared with the past year.
For ZTT, which is a listed company, there is nothing better than an above-trend performance report to recommend itself to the list. In the semi-annual report of 2017, the operating revenue is 12.301 billion CNY, increasing by 33.66% on year-on-year basis; net profit that can be given to its shareholders of the listed company is 950 million CNY, increasing by 30.63% on year-on-year basis. In the eye-dazzling financial report of ZTT, its operating income and net profit have seen many double-digit growths.
As one of the most influential business magazines in the world, HBR’s List of Top 100 Best-Performing CEOs pays more attention to the long-term performance of the entrepreneurs, including their tenacity of performance against the background of an ever-changing world.
Founded and led by Xue Jiping, ZTT has been forging ahead for 25 years. Having established itself in 1992 in the optical fiber communication field, it now boasts a multi-industrial landscape incorporating telecom, electricity grids, renewable energy, marine systems, precise processing equipments and new materials. Under his leadership, relying on constant scientific and technological innovation, ZTT made the entity enterprise stronger and bigger and kept a good trend of rapid development.
Currently, the Company has progressed from one of the “Top 500 Best-Performing Private Sector Enterprises” to one of the “Top 500 Best-Performing Chinese Enterprises”. It has also ranked among “The Top 10 Enterprises in Optical Fiber and Cable Worldwide”, “The Top 10 Competitiveness Enterprises of 2017 in the Submarine Cable of Global Market” and “The Most Valuable 100 Enterprises on the Main Board Market”, and has been designated as the sole pilot model company for intelligent manufacturing of lithium batteries by Ministry of Industry and Information Technology of the People's Republic of China. Xue Jiping has also been awarded the titles of “National May 1 Model Worker” and the “Excellent Entrepreneur” in the first “Zhang Jian Cup” of the City of Nantong.
