2 1 Shi Ji Jing Ji Bao Dao·2025-08-20 04:14Core Viewpoint - The article highlights the emergence of Shenzhen as a global innovation hub, showcasing four major companies—Huawei, BYD, Tencent, and China Ping An—as representatives of China's innovative capabilities and their significant contributions to the economy and technology landscape [4][5][18]. Group 1: Shenzhen's Innovation Landscape - Shenzhen has transformed from a small fishing village to a prominent "innovation city" over the past 45 years, giving rise to influential tech companies [4][5]. - The "Shenzhen Innovation Four Sisters" (Huawei, BYD, Tencent, and China Ping An) each have a market value exceeding 1 trillion yuan and annual revenues surpassing 600 billion yuan [5]. - These companies collectively hold over 50,000 valid patents, supported by a research workforce of approximately 300,000 and R&D investments of 300 billion yuan [5][9]. Group 2: Talent and Workforce - Shenzhen boasts over 4 million skilled workers and more than 25,000 high-tech enterprises, with the "Four Sisters" employing a significant portion of the talent [9]. - BYD leads with 122,000 engineers, followed by Huawei with 113,000, and Tencent has a high technical talent ratio of 73% [9]. - China Ping An has invested 18 billion yuan in R&D, employing 21,000 tech developers and 3,000 scientists, with over 10% of its workforce holding master's or doctoral degrees [11][13]. Group 3: Technological Advancements - China Ping An is recognized for its AI-driven revenue growth, being the only financial insurance company included in Goldman Sachs' new AI investment framework [16]. - The company has developed advanced AI technologies, achieving high accuracy in various applications, including medical diagnostics and insurance underwriting [14][16]. - Huawei has successfully developed its own full-stack chips and the Harmony operating system, while BYD has reduced electric vehicle costs below Tesla's by 15% [18]. Group 4: Strategic Innovation Approaches - The "Four Sisters" have established flexible innovation mechanisms internally, allowing departments to operate autonomously while maintaining strategic alignment [20]. - Externally, they engage in collaborations and investments to acquire technological and market resources, exemplified by Ping An's differentiated service strategy in the financial sector [20][22]. - The companies are also exploring innovative business models, such as Ping An's "home-based elderly care" service, integrating various service modules to enhance customer experience [22].