透过科创板看“硬科技”积厚成势

Core Insights - The Sci-Tech Innovation Board (STAR Market) has celebrated its 6th anniversary, with 589 companies listed, focusing on "hard technology" sectors such as new-generation information technology, biomedicine, high-end equipment, new energy, new materials, and energy conservation and environmental protection, achieving a total market capitalization exceeding 7 trillion yuan by the end of July [1] Group 1: Innovation and R&D Investment - In 2024, STAR Market companies' R&D investment reached 168.1 billion yuan, more than three times the overall net profit attributable to shareholders, with a year-on-year growth of 6.4% [2] - STAR Market companies have gathered a high-level research talent pool, with 240,000 R&D personnel, accounting for nearly 30% of total employees, and have generated over 120,000 invention patents cumulatively [2] Group 2: Industry Innovation and Collaboration - Over 60% of STAR Market companies have founding teams composed of scientists, engineers, or industry experts, with nearly 30% of controlling shareholders also serving as key technical personnel [3] - The STAR Market has facilitated the formation of industry clusters, particularly in integrated circuits and biomedicine, with 120 companies in the integrated circuit sector and over 110 biomedicine companies addressing domestic gaps in key treatment areas [3] Group 3: Global Integration and Market Expansion - 173 STAR Market companies reported over 30% growth in overseas revenue, with 63 companies exporting products to more than 50 countries, and 58 companies involved in setting international standards [4] - The STAR Market is positioned to enhance its adaptability to innovation enterprises, promoting a dual approach to technological and industrial innovation [4]