VEP40.3CEN-256NN-MAD-128-NN-FW According to the latest data from the Ministry of Industry and Information Technology, in the first 11 months of 2023, the revenue profit margin of specialized and special new “small giant” enterprises and specialized and special new smes was 11.1% and 8.2%, respectively, 6 percentage points and 3.1 percentage points higher than that of smes.

“Although China’s economy is plagued by factors such as insufficient demand and external uncertainties, the overall development of the manufacturing industry is good, and strategic emerging industries are developing rapidly.” Among them, the specialized and special new smes that play a key supporting role have strong competitiveness in their respective segments and achieve double growth in revenue and profit.” Sun Wenkai, vice president of the National Institute of Small and Medium-sized Enterprises at Renmin University of China, said.

Deep cultivation of subdivision areas

VEP40.3CEN-256NN-MAD-128-NN-FW “At present, specialized small and medium-sized enterprises are gradually integrating into the supply chain ecology of large enterprises, and their market competitiveness is constantly improving.” Han Lin, deputy general manager of Beijing Saidi Industrial Brain Technology Co., LTD., said that specialized small and medium-sized enterprises are more and more frequent in the procurement list of large enterprises, and the steady growth of orders is an important reason for the double growth of revenue and profit.

As a state-level specialized new “little giant” enterprise, Hainan Flyer Technology Co., Ltd. in 2023 revenue and profit increased by 17.8% and 3.01% respectively. “The state and local governments have introduced a number of measures to support the development of the private economy, and have landed relevant industrial policies, which makes us firm confidence and bold development.” Chen Jun, chairman of the company, said that the company will further enhance its technological capabilities and consolidate its market position in the market segment of drones and deep-sea underwater vehicles.

VEP40.3CEN-256NN-MAD-128-NN-FW “The small and medium enterprises have a clear product positioning and unique technical advantages to meet the needs of customers for high-performance products. The characteristics of small scale and relatively simple organizational structure enable it to make quick decisions and flexibly adjust production lines, so as to respond to changes in demand and seize market opportunities in the first time. Specialized and special new enterprises deep in a professional field, close cooperation with customers, and focus on providing quality service, user stickiness is naturally high.” Hanlin said.

Enhanced vitality of innovation

VEP40.3CEN-256NN-MAD-128-NN-FW In November 2023, the innovation index of specialized and special new small and medium-sized enterprises reached 206.6, an increase of 7.4% year-on-year, and the innovation vitality continued to strengthen. “Only by adhering to innovation and following the technological trend can we compete in the subdivision circuit.” Sun Wenkai said.

“We always put technological innovation first.” Chen Jun introduced that the company’s R&D expenditure in 2023 increased by 71% year-on-year.

At the same time, many small and medium-sized enterprises are still facing the difficult situation of lack of innovation and shortage of talents. Experts suggest that we should give full play to the role of the government, leading enterprises, specialized small and medium-sized enterprises, scientific research institutes, and financial institutions in the innovation chain. In the field of key common technologies, promote collaborative innovation and joint research between leading enterprises and specialized small and medium-sized enterprises, and improve industrial basic capabilities through breakthroughs in core technologies; It is also necessary to encourage project traction, create application scenarios and opportunities, strengthen the planning and pertinency of help, and give priority to solving industry difficulties and basic problems.

VEP40.3CEN-256NN-MAD-128-NN-FW Talking about how small and medium-sized enterprises can introduce high-end talents, Hanlin said that it should encourage the introduction of talents in the key links of the key industrial chain with equity incentives, housing subsidies and other policies to attract top innovative talents; Establish a scientific and fair talent evaluation mechanism to provide a good environment and livelihood guarantee for the scientific research work of talents.

Cluster coordinated development

The overall performance of China’s economy is stable, the main indicators continue to improve, but the basis for recovery still needs to be consolidated, and the economic pulling effect of specialized and special small and medium-sized enterprises needs to be further improved. This requires enterprises to further achieve specialization, on the one hand, to focus on the main business, hard practice internal skills, do a long-term persistence of ten years of grinding a sword; On the other hand, we should specialize in production, management and capital within the enterprise, adhere to the spirit of craftsmanship, establish an efficient and scientific management team, and concentrate limited funds on specific regional markets.

VEP40.3CEN-256NN-MAD-128-NN-FW Small and medium-sized enterprises should also establish the concept of cluster development, avoid fighting alone, actively join industrial clusters, unite in regions and regions suitable for development, enter the support system of large enterprises, achieve scale cooperation or supply chain cooperation, and enhance the ability to resist risks.

In 2023, Beijing Taiyingfu Technology Co., LTD., which was selected as a state-level specialized new “little giant”, focuses on promoting the coordinated development of the digital economy. Telinfu has long focused on the research and development of network underlying technologies, mainly providing digital services based on industrial Internet identity analysis and “Spark · chain network” blockchain infrastructure.

Zeng Xiping, executive deputy general manager of Beijing Tyinfu Technology Co., Ltd. believes that the digital economy has become an important engine to promote high-quality economic development, and the company vigorously promotes the upgrading of products in key industries, creates high-value solutions for specific scenarios, strengthens resource integration and risk sharing, and improves industrial synergy efficiency.