Ge Long Hui A P P·2025-09-12 04:50Core Insights - Shenzhen's 424 listed companies collectively reported significant R&D investments, with BYD leading at 30.8 billion yuan, maintaining its title as the "R&D King" in A-shares [1] - The total R&D expenditure of Shenzhen's listed companies exceeded 100 billion yuan in the first half of the year, reflecting a strong commitment to technological development [1] - The R&D intensity of Shenzhen companies, measured as R&D expenditure as a percentage of total revenue, reached 4.39%, more than double the overall A-share average of 2.13% [1] Company Highlights - BYD's R&D investment amounted to 30.8 billion yuan, reinforcing its leadership position in the industry [1] - ZTE Corporation ranked second with R&D spending of 13.54 billion yuan, while Industrial Fulian secured the third position with nearly 5.1 billion yuan [1] - Ten other listed companies, including Luxshare Precision, Huichuan Technology, Xinwangda, and Mindray Medical, reported R&D investments exceeding 1 billion yuan in the first half of the year [1]