Lates News

Not long ago, 424 listed companies in Shenzhen collectively handed in their half-year reports. BYD's massive investment of 30.8 billion yuan led it to be crowned as the "R&D king" in A-shares. In addition, the total R&D investment of Shenzhen listed companies in the first half of the year exceeded 100 billion yuan, with the R&D intensity being double the overall value of A-shares. A series of data reflects that Shenzhen enterprises are further opening up the global market by relying on technological R&D. Among the 424 listed companies in Shenzhen in the first half of the year, 402 companies 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 double the overall value of A-share listed companies at 2.13%. In addition to BYD, ZTE ranked second with a R&D investment of 13.54 billion yuan, while Industrial Fulian ranked third with an R&D investment of nearly 5.1 billion yuan. Furthermore, Luxshare Precision, Huichuan Technology, Xinduanda, and Mindray Medical, among others, had R&D investments exceeding 1 billion yuan in the first half of the year. (Shenzhen Special Zone Daily)