In recent years, the Hefei National High-tech Industry Development Zone has beefed up efforts to help enterprises in the zone go public, thus boosting integrated development and giving fresh impetus to scientific and technological innovation.

Delegation members visit Nasdaq Dubai in the United Arab Emirates. [Photo/WeChat account: hefeigaoxinfabu]

The zone sent two delegations this year to visit Dubai in the United Arab Emirates, promoting business ties and encouraging companies in the zone to expand to foreign markets. During their visit to Nasdaq Dubai, 7D Vision Technology Co., Ltd. and two other companies in the delegation intending to enter the Middle East capital market learned about investment opportunities in the region.

The zone has improved a series of special polices to support companies seeking public floats, and established an overall policy system to provide all-round services across the board. In the past five years, special funds worth 120 million yuan have been launched to help more than 300 enterprises adjusting their shareholding structure and going public.

Since the beginning of this year, the zone has increased dialogue between major companies and bourses and financial institutions, and held three industrial communication meetings on integrated circuits, biomedicine, and aerospace technologies. As a result, Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange have all set up their Anhui bases in the zone.

Since the zone's first company went public in 1998, more and more leading companies in various industry segments have gained steady growth and become listed. So far, there are 35 listed companies in the zone. 

The "White Paper on High-quality Development of Listed Companies in the Hefei National High-tech Industry Development Zone (2023)" is published in Hefei on Aug. 1, 2024. [Photo/WeChat account: hefeigaoxinfabu]

On Aug. 1, The "White Paper on High-quality Development of Listed Companies in the Hefei National High-tech Industry Development Zone (2023)" was published. According to the report, the total revenue of all the listed companies in the zone reached 170.09 billion yuan ($23.83 billion) in 2023, up 26.25% year on year.

With support by the high-tech zone, world-leading high-tech enterprises with independent intellectual property rights, such as iFlytek, Sungrow Power, Ankebio, and Ovctek, formed several high-end industrial clusters on intelligent voice, electronic information, high-end manufacturing, new energy, and biomedicine. Three provincial strategic emerging industrial bases covering integrated circuits, intelligent voice (China Speech Valley), and biomedicine grew soundly.

A panoramic view of iFlytek Town in the Hefei National High-tech Industry Development Zone. [Photo/WeChat account: hefeigaoxinfabu]

In the electronic information industry, powered by AI and other technologies, iFlytek, Guochuang Software, and Wantong Technology achieved rapid growth and remarkable results in industry applications. In the machinery and equipment industry, Meyer Optoelectronic, CFMEE, and I-TEK OptoElectronics filled the gap in the domestic high-end market with innovative technologies in the fields of optoelectronic recognition, direct writing lithography, and industrial machine vision, and enhanced the overall competitiveness of China's manufacturing industry. In the power equipment industry, Sungrow Power, CSG Intelligent, and Kewell Technology have shown strong competitiveness in the areas of new energy power equipment as well as intelligent electrical and test equipment.