Great Achievements of "Small but Excellent" SSE-listed Private Enterprises based on the Capital Market

Securities Times, Zhang Shuxian

The 2025 government work report points out that greater support should be given to private enterprises. Empowered by the capital market, more than 1,200 private enterprises listed on the SSE have stood out with a total market value of over 14 trillion yuan. Some "small but excellent" private enterprises have exhibited great vitality with precise positioning, refined management, and innovation-driven development.

R&D upgrading and digital transformation can create high-quality products. The government work report emphasizes the need to vigorously promote innovation-driven development as well as industrial structure optimization and upgrading. Under the guidance of policies, SSE-listed private enterprises have stepped up their R&D investment, with the total R&D investment from 2021 to 2023 increasing year by year. Jiangsu Changshu Automotive Trim Group Co., Ltd. increased its investment in design and R&D, iterated its intelligent cockpits, and won the Red Dot Design Award. Its sales revenue in the first three quarters of 2024 increased by 21.48% year on year. After raising funds, Jack Technology Co., Ltd. has improved its product lines, transformed into intelligent equipment, and launched hit products based on digital technology. Its earnings preannouncement for 2024 indicated an increase of over 40% year on year. Focusing on the R&D of cutting-edge technologies, Hengli Petrochemical Co., Ltd. has made breakthroughs in the cutting-edge technology of differentiated functional materials, and its products have filled the domestic gap. Both Engineering Technology Co., Ltd. has strengthened its R&D with the help of the listing platform, and the market share of high-end clean room projects continues to rise.

Refined operations and supply chain collaboration can contribute to competitive barriers. Through the integration of online and offline channels and digital supply chain management, Shanghai Aiyingshi Co., Ltd. has improved its store layout and inventory management. It plans to open double-digit stores across multiple regions in 2025. Fujian Anjoy Foods Co., Ltd. has launched a stock incentive plan to optimize its salary system and performance appraisal. The controlling shareholders have voluntarily extended the lock-up period based on their confidence in the company's development. Rooted in the shielding pump industry, Zhejiang Dayuan Pumps Industry Co., Ltd. aims at the broad market with an average annual demand of over 10 million units based on energy-saving shielding pump products.

The above information is provided for reference purposes only and does not constitute investment advice.