Recently, many high-end equipment manufacturing companies of the science and technology innovation board, such as China Signal, Nanwang Technology, have been receiving good news frequently, or expanding production, investment, or winning the bid and winning awards, and relevant enterprises have run out of high-quality development “acceleration”. At the same time, it also reflects from the side, the development of China’s advanced manufacturing industry is fast and steady.

Since its establishment, the Science and Innovation Board has fully leveraged the hub function of the capital market serving the real economy and key core technological innovation to provide strong support for the improvement of the industrial system in high quality, market participants said. It will help China move from a “manufacturing power” to a “manufacturing power”.

Advanced manufacturing clusters are beginning to take shape

Manufacturing industry is the lifeblood of our economy, the foundation of our country and the foundation of our strong country. On May 5, the executive meeting of The State Council deliberated and adopted the opinions on accelerating the development of advanced manufacturing clusters. The meeting pointed out that the development of advanced manufacturing clusters is an important starting point to promote the industry to the medium-high end and improve the resilience and safety of the industrial chain and supply chain.

MVME5500

MVME5500

MVME5500

In this context, the Science and Innovation Board actively implements the strategy of “manufacturing power”, strengthens the source of scientific and technological innovation, vigorously supports the development of advanced manufacturing clusters, and constantly shapes the new competitive advantages of China’s manufacturing industry. Data show that up to now, there have been 115 listed companies in the high-end equipment industry of the Science and Technology Innovation Board. Advanced manufacturing clusters represented by advanced rail transportation, industrial robots, aerospace and lasers have initially emerged, strengthening the manufacturing foundation of self-strengthening at the high level of science and technology.

In the field of advanced rail transit, More than 10 leading companies in the industry have been listed on the Science and Technology Innovation Board, including China Railway Express, the world’s first-class rail transit control system solution provider, China Railway Construction Heavy Industry, the world’s largest tunnel engineering equipment manufacturer and China’s largest specialized construction machinery manufacturer, Time Electric, the pioneer and leader of China’s electrified railway equipment industry, and high-speed railway Electric. In total, the IPO raised 28.3 billion yuan.

After listing, the advanced rail transit enterprises of the Science and Technology Innovation Board focus on the main business, continue to increase research and development and innovation, with hard technology and steady growth to serve the major strategy of transportation power. In 2022, the total operating revenue of the advanced rail transit enterprises on the Science and Technology Innovation Board reached 76.243 billion yuan, up 8% year on year; the net profit of the parent company reached 9.051 billion yuan, up 13% year on year; and the R&D investment reached 5.301 billion yuan, up 8% year on year.

At the same time, innovative achievements continue to emerge. Taking the Railway Construction Heavy Industry as an example, since its listing, it has successfully developed a number of national important instruments such as “Gaoyuan Mingpearl”, the world’s largest 23m-diameter shaft boring machine “Dream”, and the world’s first large-slope spiral tunnel boring machine “Beishan No.1”. Promote China’s high-end underground engineering equipment to embark on a road of independent innovation from “following”, “parallel”, and then “leading”.