SNIBE(SZ:300832) Shang Wu Bu Wang Zhan·2025-07-11 14:35Core Insights - The Bio-Innovation industry is identified as a key driver of global innovation development, utilizing biotechnology and innovative technology to enhance product efficiency and reduce costs, thereby meeting the growing global market demand [1][2] Industry Overview - As of May 31, 2025, there are 389 registered entities in Thailand engaged in Bio-Innovation, an increase of 45 entities compared to the same period in 2024, representing a growth rate of 13.08% [2] - The total registered capital for these entities amounts to 95.76 billion Thai Baht, with foreign investment accounting for 38.8 billion Thai Baht, primarily from Hong Kong, Cuba, and Japan [1][2] - The industry is characterized by a predominance of small enterprises, which make up 92.03% of the total, while medium-sized enterprises account for 7.71%, and large enterprises represent only 0.26% [2] Growth Trends - The number of registered Bio-Innovation entities has shown consistent growth from 2020 to 2024, with 59 new entities added in 2024, marking an 11.32% increase from 2023 [2] - In the first five months of 2025, 30 new entities were registered, which is an increase of 11 entities compared to the same period in 2024, reflecting a growth rate of 57.89% [2] - The registered capital for these new entities in the first five months of 2025 reached 1.78 billion Thai Baht, an increase of 1.49 billion Thai Baht compared to the previous year, which is 5.11 times the amount [2]