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Ningbo High-tech Zone strengthens R&D input

Ningbo National High-tech Zone has recently received a number of good news: the Yongxin Optics Co. Ltd. won the second prize of the 2019 National Technology and Invention Awards; the Self Electronics Co. Ltd. and the Exciton Technology Co. Ltd. were recently included in the list of the national enterprise technological centers; the Lingyun Industrial Park has been identified as a “national innovation and entrepreneurship demonstration base for small and micro enterprises”.

The intensity of the society’s research and development fund input is a “wind vane” of regional innovative development. On January 20, it was learned from the administrative committee of the High-tech Zone that in 2019, the actual research and development input of the zone exceeded 1.5 billion yuan, with an increase of 57% year-on-year, accounting for more than 7.1% of GDP, 2.5 times the average of the whole city, ranking first in the city.

“Over the past few years, our R&D investment has increased year by year

, and currently it has exceeded 40 million yuan, accounting for 7.6% of the total revenue.”  said Mao Lei, general manager of Yongxin Optics. The increasing R&D investment has become the source of strength for sustainable development of the enterprise, and has been constantly improving the enterprise’s core competitiveness.

To support the high-speed development with high input in research and development has become a consensus for the enterprises of the high-tech zone. Only one and a half years after its establishment, the Ningbo Holicube Smart Technology Co. Ltd. has invested over 30 million yuan annually for research and development, accounting for 40% of the annual revenue of the enterprise, and it has developed the customized enterprise or industrial cloud platforms for four large enterprises (including BEWG). The Ningbo R&D Center of TCL Communications has been applying for up to 100 patents annually, and the R&D investment of the company in 2020 is projected to reach 140 million yuan.

In 2019, the added value of the high-tech industry of the zone grew by 18.5% over the previous year, accounting for 90% of the added value of the large-scale enterprises of the zone. The growth rate of newly added innovative start-ups exceeded 35%, and the invention patent possession amount per 10,000 people exceeded 210 pieces. The number of the newly added high-tech enterprises doubled that of 2018

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