Shenzhen listed companies' R&D investment exceeded 100 billion yuan in the first half of the year, with BYD, ZTE, and Industrials Technology Corporation ranking the top three in R&D investment.

Not long ago, 424 listed companies in Shenzhen collectively submitted their semi-annual reports. BYD, with a hefty investment of 30.8 billion yuan, retained its position as the "R&D King" in A-share market. In addition, the total R&D investment of Shenzhen listed companies in the first half of the year exceeded one hundred billion yuan, with R&D intensity reaching twice the overall value of A-share listed companies. A series of data reflects that Shenzhen enterprises are further opening up global markets by relying on technological research and development. In the first half of this year, among the 424 listed companies in Shenzhen, 402 disclosed their R&D investment indicators, totaling 108.22 billion yuan. In terms of R&D intensity, which is the proportion of R&D investment to total revenue, Shenzhen listed companies reached 4.39%, more than twice the overall value of A-share listed companies at 2.13%. In addition to BYD, ZTE ranked second with an R&D investment of 13.54 billion yuan, followed by Industrials Fortune as the third with an R&D investment of nearly 5.1 billion yuan. Furthermore, Luxshare Precision, Great Wall Motor, Xinwangda, and Mindray Medical, among others, had R&D investments exceeding 1 billion yuan in the first half of the year. (Shenzhen Special Zone Daily)