Core Insights - Yantai City has cultivated over 4,000 high-quality small and medium-sized enterprises (SMEs) across various categories, including specialized, innovative, and unicorn companies, which are essential for driving high-quality development [1][2] Group 1: Development Strategies - The city has implemented a tiered cultivation approach to promote the scale development of quality enterprises, resulting in the establishment of a three-tier cultivation system and dual-driven cultivation path [1] - In the first half of the year, Yantai has nurtured 277 provincial-level specialized and innovative SMEs, bringing the total to 1,671, and 372 provincial-level innovative SMEs, totaling 2,124, both ranking first in the province [1] Group 2: Industry Cluster Development - Yantai is enhancing the cultivation of characteristic industrial clusters for SMEs, with 13 clusters recognized as provincial characteristic industrial clusters, including automotive parts and high-end chemical new materials [2] - The city has conducted over 150 activities this year to facilitate supply-demand, innovation, talent, and financial connections within various industrial chains, helping local SMEs integrate into these chains [2] Group 3: Innovation and Transformation - The city encourages continuous R&D investment, with 98 projects from 73 enterprises selected for the 2025 Shandong Province first batch of technology innovation projects [2] - Yantai supports management innovation, with 45 enterprises recognized for their quality management practices, leading the province in this category [2] - The city is advancing the digital transformation of SMEs, with 69 enterprises recognized as "Morning Star Factories" for the 2025 digital economy initiative [2] - A total of 72 new green factories have been recognized, bringing the cumulative total to 292, as part of the effort to build a green manufacturing system [2]