Mei Ri Jing Ji Xin Wen·2025-10-19 07:24Core Insights - The "2025 China VR Top 50 Enterprises" list was officially released at the "2025 World VR Industry Conference," marking the seventh consecutive year of publication [1] - In 2025, the number of enterprises with revenue exceeding 100 million yuan reached 31, with a significant representation of both hardware and VR large-space content companies [1][6] - Over half of the listed companies have been recognized as national high-tech enterprises, indicating a strong focus on innovation and technology [1][6] Revenue and Growth - The revenue scale of the "China VR Top 50 Enterprises" has remained stable, with 31 companies achieving annual sales exceeding 100 million yuan, accounting for over 60% of the list [6] - Companies with annual sales between 10 million and 100 million yuan represent the largest share, while those with sales between 1 million and 10 million yuan increased from 9 to 15 compared to the previous year, showcasing rapid growth among small and medium-sized VR enterprises [6] Research and Development - The average R&D investment of the "China VR Top 50 Enterprises" has consistently remained around 50% from 2019 to 2025, with a total of 75,084 invention patents reported in 2025 [6] - The top ten companies in terms of patent numbers are primarily involved in hardware, near-eye display technology, development software, and industry solutions, with notable companies including BOE, GoerTek, HTC, and XREAL [6] Innovation and Recognition - The number of enterprises recognized as national-level "specialized, refined, and innovative" small giants and national high-tech enterprises has significantly increased from 4 in 2023 to 38 in 2025, representing 76% of the total [6] - In 2025, 27 companies were awarded national high-tech enterprise status, and 11 were recognized as national-level specialized and innovative small giants [6] Regional Distribution - Beijing leads the nation in the number of listed enterprises, with Jiangxi and Shenzhen forming the second tier, indicating a growing regional influence and the initial formation of a VR ecosystem [7]