The factory area of REPT BATTERO Energy Co., Ltd.

Wenzhou High-tech Zone (Economic Development Zone) Economic Development Bureau announces that in 2022, the zone still prioritized the development of the real economy, and made new breakthrough in the industrial scale and structure again. According to preliminary statistics, there were 230 enterprises with output value of over 100 million yuan, a net increase of 27 YoY, and the number of over 100-million-yuan output value enterprises accounted for 78.1% of all enterprises, an increase of 2.1percentage point YoY. As the enterprises increase, the zone will promote more companies to be listed.

In terms of company scale, there was one enterprise with over ten-billion-yuan output value, two enterprises with three-to-ten-billion-yuan output value, nine enterprises with one-to-three-billion-yuan output value, 21 enterprises with 500 million yuan to the one-billion-yuan output value, 39 enterprises with 300 million inclusive to 500 million output value, and 158 enterprises with 100 million to 300 million output value. In terms of company development, there were 37 new companies with over 100-million-yuan output value, including one company with over ten-billion-yuan output value, three companies with over three-billion-yuan output value, three over one-billion-yuan output value, eight companies with over 500-million-yuan output value, and 11 companies with over 300-million-yuan output value.

Among these enterprises, 51 are from the general equipment manufacturing industry, 27 from the automobile manufacturing industry, 25 from the ferrous metal rolling sector, 24 from the electrical machinery industry, 17 from the metal product industry, 12 from the special equipment manufacturing industry, and 11 from the plastics industry, nine from the non-metallic mineral industry, 8 from the computer and electronic equipment manufacturing industry, and 6 from the non-ferrous metal rolling industry. The chemical raw material products, shoemaking, and paper-making industries each has five companies with a 100-million-yuan output value. Four companies are from the textile and clothing industry. As four major industries, wine and beverage, printing, pharmaceutical manufacturing, and other manufacturing industries account for three companies each. Instrumentation and electric heating production and supply industries both account for two companies. In the non-metallic mining, textile industry, culture, education, art and entertainment products, other fuel processing, and gas production and supply industry, each sector accounts for one company.

The zone facilitated more companies to be listed, because it regarded the stock exchange listing as a powerhouse for economic development. In 2022, one new company was listed. Seven companies have been reported to the listing review committee and approved, which topped in Wenzhou. Two companies are waiting for public listing, and six companies are waiting for listing review. All these companies have a 100-million-yuan output value.

Nowadays, the zone is following the step-by-step development goal that drives more enterprises to shareholding reform, listing consultation, listing review and listing on the stock market. It will create files for each enterprise, build a long-term service system, and encourage enterprises to use the capital market to be listed on the stock market. In the next step, the Economic Development Bureau will revise the incentive policy for enterprises listed on the Shanghai-Shenzhen Main Board, the Growth Enterprise Market, and the Science and Technology Innovation Board and reward them with ten million yuan. A reward of eight million yuan will be given to enterprises listed on Hong Kong, overseas, and Beijing Stock Exchanges, and two million yuan will be given to the first enterprise successfully listed on the Beijing Stock Exchange and the Science and Technology Innovation Board. Enterprises successfully listed on the Zhejiang Equity Exchange Center Growing Enterprise Market will be given a 300,000-yuan reward. The Class A and B enterprises that have completed the shareholding system reform with a revenue of more than ten million yuan in the previous year will be given a 200,000-yuan reward.