Quantum technology has become a new growth point in the economy. A total of 35 conceptual stocks spent over 1 billion yuan on research and development expenses in the first three quarters.

According to data from Data Bao, there are more than 60 concept stocks related to quantum technology in the A-share market. In the first three quarters of this year, the total R&D expenses of these concept stocks reached 69.474 billion yuan, accounting for 3.86% of the total revenue. 35 stocks had R&D expenses of over 1 billion yuan in the first three quarters, including 7 stocks with R&D expenses exceeding 10 billion yuan, namely China Mobile, ZTE, China Telecom, China Unicom, State Power NARI, Hengtong Optic-electric, and AVIC Optoelectronics.