In addition to the essential indicators that the sales revenue of the enterprise’s leading products shall account for more than 70% of the main business revenue, the revenue of more than 100 million yuan in 2020, and the market share of the leading products among the top three in the province, the national “small giant” enterprises must also satisfy other conditions such as having two inventions and the R&D funds accounting for no fewer than 3% of the business revenue. 

 

It aims to select outstanding enterprises among small and medium-sized enterprises. And they are leading enterprises in domestic and international manufacturing technology and manufacturing level featuring market segmentation, strong innovation ability, high market shares, key core technologies and excellent quality and benefit. 

 

As a national high-tech enterprise, Gaoxin Materials possesses four invention patents, has invested more than 4% of its revenues in R&D over the three years, and the R&D personnel account for more than 30% of the company’s total. The market share of its leading products ranked first in the province and second in China.