Three companies credited as high-tech enterprises

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Category: Governmental News

Published: Monday, 04 March 2013 05:25

Three companies in the free trade zone were credited as high-tech enterprises after the verification of the leading group for the Identification and Management of High-tech Enterprises. The three companies are Ningbo BYD Company Limited, Ningbo Zhongmeng Co., Ltd and Ningbo Wind Energy Company Ltd respectively. Up till now, there are 14 identified high-tech companies in the free trade zone, all of which are concentrated in such five areas as new materials, integrated circuits, instrument manufacturing, semiconductor, software IT services. High-tech companies play key roles in the transformation and upgrading of the regional economy.
In the past a few years, as the free trade zone actively carrying out the identification work of high-tech companies, the amount of high-tech companies has increased year by year. In 2012, these companies kept developing even in times of adversity. The output value, sales value, profits and taxes as well as foreign exchanges reached 50.7 billion yuan, 45.8 billion yuan, 1.2 billion yuan and 2.6 billion yuan respectively. Among which the output value and sales value each increased 20 percent and 9.3 percent against 2011. The output value of high-tech enterprises makes up 90.3 percent of the whole of the industrial enterprises above designated size.
 In 2013, the free trade zone will strengthen the cultivation of high-tech companies in such sectors as LCD photoelectric, integrated semiconductor circuit, computer, industrial communication device and new materials, with the aim to develop a group of companies with high technical content and sound prospect.