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CCTV News: The recent meeting of the Political Bureau of the CPC Central Committee pointed out that it is necessary to effectively support the development of gazelle enterprises and unicorn enterprises. What are gazelle enterprises? Why should we support their development?

Gazelle enterprises refer to high-growth technology-based enterprises that, after passing the initial stage of entrepreneurship, develop at an extraordinary speed in a relatively short period of time and have strong innovation capabilities in terms of technology, business model and industrial organization.

These companies are like gazelles, a herd of animals on the African grasslands that have strong running and jumping abilities. Although they are small in size, they run fast and jump high.

How did gazelle enterprises perform in the first half of 2024? How did they achieve leapfrog growth? What vitality did they bring to the Chinese economy? This gazelle enterprise in Yantai, Shandong, had revenue of more than 1.2 billion yuan in the first half of 2024, more than double the same period in 2023 and more than 100 times that of three years ago. How did it do it?

Walking into the company, the reporter saw that the workers were busy assembling energy storage battery components on the production line. The energy storage equipment, which does not look high-end, achieved revenue of more than 1.2 billion yuan in the first half of 2024. The person in charge of the company introduced that their main business is to provide full-scenario solutions for energy storage applications. Simply put, it is to create large-scale "power banks" for new energy.

According to the company's chief R&D engineer, the current geometric growth was unimaginable when the company was first established in 2018.

Liu Chao, the company's chief R&D engineer, said that at the time, the market size of the new energy industry was small, and the market size of energy storage was even smaller. Customers were not very receptive, and the market promotion process encountered many setbacks. What would the future development be like? At that time, I had no idea.

Where is the market? How to survive? These were the biggest problems for this newly established small technology company. Dongfang Xuneng, which started out with a technical team, chose to focus on research and development. Through continuous innovation and investment, it has accumulated a number of advanced energy storage technologies.

Li Yuanbin, director of the corporate strategic development department, introduced that the company has obtained more than 40 invention patents to date.

Li Yuanbin said that the process of technology accumulation is long and painful. Research funds and production costs continue to grow. Although there is progress in scientific research, there is no benefit. The company once faced a situation where it could not make ends meet.

What helped the company to turn the crisis into safety was that the country accelerated the development of renewable energy. Relying on the more than 40 energy storage technologies it had accumulated, the company seized the development opportunity and opened up the market through advanced energy storage technologies and equipment.

This gazelle enterprise's revenue increased from more than 20 million yuan in 2021 to more than 2 billion yuan in 2024, a hundredfold increase in three years, achieving leapfrog development. In 2024, the company will start a new leap. They will cooperate with the local government to build a professional park for the new energy storage industry. Gazelle enterprises expand production against the trend and aim at broad prospects in the future

Gazelle companies generally have the characteristics of fast growth, strong innovation ability, new professional fields, and great development potential. Some gazelle companies are aiming at the broad development prospects in the future. In the first half of 2024, the price of lithium batteries fell, and many related companies were weak in development to varying degrees. However, in Jiangxi, a gazelle company in the field of lithium battery recycling expanded production against the trend and invested more than 100 million to build a new production line. What is it optimistic about?

These emerald green crystals are nickel sulfate produced after recycling, which is also an important basic raw material indispensable for the manufacture of lithium batteries.

Unlike traditional ore refining, this lithium battery recycling company in Yichun, Jiangxi, recovers the basic raw materials of batteries by recycling used lithium batteries.

Although it is the off-season for production right now, the production equipment here is running non-stop, and the workers are busy weighing and bagging the nickel sulfate, lithium carbonate, etc.

While enjoying the development dividends brought by R&D, the company is no longer satisfied with simply recycling basic raw materials from waste batteries, but is actively planning new production lines for the future. In a factory covering an area of ​​more than 6,000 square meters, a whole set of new equipment production lines is being debugged.

This new production line is to further synthesize the extracted basic raw materials for lithium batteries into battery-grade positive electrode materials, forming a complete closed loop from battery recycling to battery processing.

Gazelle enterprises are characterized by high-end talents and intensive technology, and are an important force in developing the new economy and leading the high-quality development of various provinces. In order to make "gazelle" run faster and jump higher, my country is establishing a gradient cultivation system, from policy support to financial empowerment, to create a more superior innovation ecology for enterprise development.

This gazelle enterprise in Jurong, Jiangsu, produces core components for new energy vehicle motors, breaking the market monopoly of foreign manufacturers. It not only achieved domestic substitution, but also set up a factory in Europe for the first time in 2024.

At present, the company's product market share ranks among the top three in the world, and its orders are scheduled until 2033. The local government has also given active support to this kind of gazelle enterprise that can drive regional economic development.

Xiao Qingpeng, the head of the company, said that the government has given their company great support, such as significant preferential interest rates on bank loans.

Bao Wenqian, deputy director of the Jurong Municipal Science and Technology Bureau, introduced that gazelle enterprises that are approved for the first time will be given a subsidy of up to 500,000 yuan, and eligible gazelle enterprises will be given priority in applying for municipal-level scientific and technological projects, and municipal-level achievement transformation projects will be given a subsidy of 1 million to 1.5 million yuan.

According to incomplete statistics, 88 high-tech zones in my country, including Zhongguancun, Wuhan East Lake, Guangzhou, Hefei, Chengdu, Xi'an, and Hangzhou, have successively introduced support policies for cultivating gazelle enterprises, and continue to pay attention to and cultivate the gazelle enterprise group.

Taking Wuhan East Lake Optics Valley as an example, as of 2023, there are 1,690 Optics Valley Gazelle companies. The R&D expenses of the 518 newly recognized Optics Valley Gazelle companies accounted for 20.8% of their revenue, 10.2 percentage points higher than the Science and Technology Innovation Board.

In addition, Liaoning Province, Shandong Province, Jiangxi Province, Jiangsu Province, Hubei Province and other provinces have carried out the cultivation of the "gazelle to unicorn" enterprise growth gradient chain, and clarified the recognition management methods, financial support and other policies, and regarded the gazelle enterprise group as an important means to promote regional economic vitality.

(CCTV.com)