Wabei News, January 19, 2017 News Wabei New Third Board Research Institute released the "2016 New Third Board 100 Most Innovative Enterprises" list. The list is mainly based on the comprehensive evaluation of R&D level and employee quality. R&D level refers to the proportion of R&D expenditure in total operating income in the past three years, and employee quality refers to the proportion of employees with a master’s degree or above.

 

(Note: In order to ensure the comparability of the data, the list only discloses the complete R&D expenditure data from 2014 to 2016. The total operating income in 2014 and 2015 exceeded 100 million yuan, and the total operating income in the first half of 2016 exceeded 50 million yuan. Companies are evaluated. In addition, since most companies have not yet disclosed their 2016 annual reports, the R&D expenditures for the entire year of 2016 are estimated using semi-annual reports.)

　　The average annual R&D expenditure of the listed companies reached 32.41 million yuan

　　 According to statistics from the New Third Board Research Institute, the companies on the list have averaged an annual R&D expenditure of 32.41 million yuan in the past three years, which is much higher than the average value of 3.81 million yuan for the research subjects and nearly nine times that of the latter. Based on the data of the previous year in 2016, ZTE Software (838824) had the highest R&D expenditure of 170 million yuan, accounting for nearly 1/4 of the total operating income; in terms of proportion, Kay Lide (430618) R&D in the first half of 2016 The expenditure was 64.48 million yuan, which was 1.2 times its total operating income. ZTE Software’s main business is application software development and system integration, hardware equipment sales and operation and maintenance services in the telecommunications, transportation and government industries. Kay Lide’s main business is navigation software and automotive intelligent terminals. The TOP10 R&D expenditures of the listed companies in the first half of 2016 are shown in the following figure:

TOP10 R&D expenditures of listed companies (drawing by the New Third Board Research Institute of Wubei)

　　13% of highly educated employees on the list

　　Data shows that the average proportion of employees with a master's degree or above in the listed companies is 13%, and 37 companies are above the average. Among them, the companies with the highest proportion of PhD employees are Anshi Asia Pacific (833714) 45.07%, Jike Stock (835579) 42.67%, Hequan Pharmaceutical (832159) 36.04%, Huatu Education (830858) 35.47%, Zhonggan Micro (835399) 31.25%, Xi'an Kaili (834893) 31.01%, Chuangyuan Instrument (831961) 30.05%, Huayi Chuangxing (833568) 29.58%, Saites (832800) 28.19%, Nanshui (838040) 27.24 %. Among them, Anshi Asia Pacific is mainly engaged in software research and development, and Jike shares mainly produce high-end manufacturing equipment.

The proportion of high-educated employees in the listed companies TOP10

　　 27 companies from Beijing are on the list, Jiangsu, Yuehu and Shanghai are ranked 2 to 4

In terms of regional distribution, Beijing is far ahead with 27 companies, Jiangsu, Guangdong, and Shanghai have 15, 14, and 13 companies on the list respectively, Shandong has 6 companies on the list, and the remaining provinces and cities have the same number of companies on the list. Less than 5 companies.

Distribution of Top 100 Most Innovative Enterprises in the New Third Board by Provinces

　　Industry distribution is concentrated: most of the listed companies belong to the information service industry and manufacturing industry

　　 From the perspective of industry distribution, there are 40 companies in the software and information technology service industry, the largest number. Computer, communications and other electronic equipment manufacturing, Internet and related services ranked 2nd and 3rd, with 14 and 8 companies on the list respectively. (Source: Wubei New Third Board Research Institute)

Industry Distribution of the Top 100 Most Innovative Companies on the New Third Board

Attachment 1: The complete list of the top 100 most innovative companies on the New Third Board in 2016

2016 Top 100 Most Innovative Enterprises in the New OTC Market (Drawing by the New OTC Market Research Institute)

　　Attachment 2: The complete list of the top 100 most innovative companies on the New Third Board in 2016

　　1-25 people:

Molin (835067), Kay Leader (430618), Anshi Asia Pacific (833714), General Data (833056), Zhongke Instrument (830852), Mingyuan Software (832498), Hengshen (832397), Saites ( 832800), Haohan Depth (833175), Haixin Kejin (430021), Jinzhi Education (832624), Qinbang Biology (835044), Beisenyun (836393), Zhonggan Micro (835399), Juguang Technology (835243) , Machinery Technology Co., Ltd. (835579), Shining 3D (830978), Tianzhun Technology (833231), Chuangyuan Instrument (831961), Shanghai Huanchuang (833768), Xinpengwei (430512), Foxit Software (832422), Ricci Technology (832547), Yuandong Biology (837374), Jieshizhitong (430330).

　　26-50 people:

Zhijiang Biological (834839), Xi'an Kaili (834893), Yumsoft (832722), Juquan Optoelectronics (835933), Huaheng Co., Ltd. (833444), Huayi Chuangxing (833568), Weile Technology (832781), Jie Chuangxin (834550), Ligang Network (834385), Nanshui Stock (838040), Huatu Education (830858), Hequan Pharmaceutical (832159), Shanda Diwei (831688), Huahuan Electronics (430009), Tai Huazhihui (834880), Yinyi Biology (835066), Tianyang Technology (835713), Siyin Co., Ltd. (430152), AEM Technology (834850), Blue Mountain Technology (830815), Bainenglantian (835729), ZTE Software (838824), Green Bank Network (430229), KOTEI Information (834708), Zhuoyi Technology (833711).

　　51-75:

Future Broadband (831583), Dongrun Energy (831083), Xintong Technology (837924), China Self Environmental Protection (836497), Heli Yijie (833629), Youfang Technology (835770), Jinshan Top (430064), Beijing University of Posts and Telecommunications Guoan (831631), Chuan Shenyulian (835737), Capital Online (430071), Quectel (836430), Asia Pacific Technology (834106), Broadcasting Metering (832462), Sanrui Gaocai (832446), Aerospace Technology (834635) ), Taitong Technology (832602), Far Transmission Technology (834841), Winsoft Technology (833339), Taishan Sports (837739), Times Lingyu (832706), Lianzhong Wisdom (833633), Zhonghui Stock (834332), Qihang Shares (833380), Zhengzhe Shares (834695), Tianyan Technology (833047).

Wabei News, January 19, 2017 News Wabei New Third Board Research Institute released the "2016 New Third Board 100 Most Innovative Enterprises" list. The list is mainly based on the comprehensive evaluation of R&D level and employee quality. R&D level refers to the proportion of R&D expenditure in total operating income in the past three years, and employee quality refers to the proportion of employees with a master's degree or above.