Founded in 1992, the Xinghua EDZ is one of the first national agricultural industrialization demonstration bases. [Photo/WeChat account: xinghuafabu]
The Jiangsu Provincial Department of Science and Technology recently announced the third and fourth lists of high-tech enterprises for the year 2024, including 21 from the Xinghua Economic Development Zone, located in Xinghua city, East China's Jiangsu province.
They include Jiangsu Huayuan Electrical, Jiangsu Dongke Hydraulic Machinery, Changpai Food and Taizhou City Yongning Acrylic Products.
High-tech enterprises are those registered for more than one year, which continuously conduct research and development. They also transform technological achievements in national key supported fields, secure core independent intellectual property rights and then carry out business activities.
High-tech enterprises can enjoy tax incentives, financial grants and subsidies and project support. The recognition can also help them enhance brand image, market value, attract talent, standardize enterprise management, advance transformation and upgrading, as well as increase share market listing opportunities.