On July 26th, the Fifth Anniversary of the Opening of the Sci-tech Innovation Board Summit, co-hosted by Shanghai Investment Promotion Service Center and Sci-Tech Innovation Board Daily, was successfully held in Shanghai. The summit brought together leading Sci-Tech Innovation Board listed companies, investment institutions, and many more. During the award ceremony themed “Sci-Tech Entrepreneur Night”, the list of awards featuring “Fifth Anniversary of the Sci-Tech Innovation Board” was officially announced. BIWIN was honored with two awards, “2024 Most Valuable Sci-Tech Innovation Board Listed Company” and “2024 Best Board Secretary of Sci-Tech Innovation Board Listed Companies.”
2024 Most Valuable Sci-Tech Innovation Board Listed Company
Focusing on R&D Innovation to Continuously Strengthen Core Competitiveness
The list of Most Valuable Sci-Tech Innovation Board Listed Company was compiled through a comprehensive evaluation of over 500 companies based on various criteria, including business innovation capabilities, growth rates, R&D investment proportions, talent introduction mechanisms, employee reviews and training, intellectual property quantities, and innovation achievements. Selected by numerous private equity institutions, BIWIN stood out among more than 500 listed companies on the Sci-Tech Innovation Board due to its excellent R&D capabilities and robust business development.
Founded in 2010, BIWIN has been deeply involved in storage and advanced packaging and testing, and exerting continuous efforts to expand its business scope. To date, its customer base includes top-tier domestic and international enterprises. Since being listed on the Sci-Tech Innovation Board on December 31, 2022, BIWIN has harnessed the strong support of the Board to drive technological and innovative advancements, which contributes to substantial market and business growth and increased brand value and influence. In 2023, BIWIN achieved a revenue of 3.591 billion RMB, a year-on-year increase of 20.27%. According to the 2024 semi-annual performance report, the company anticipates a revenue of 3.1 billion to 3.7 billion RMB in the first half of 2024, representing a year-on-year increase of 169.97% to 222.22%.
Engaged in the technology-driven sector, BIWIN remains steadfast in its commitment to technological advancement. With incremental investment in essential areas such as storage solution R&D, advanced packaging and testing, chip IC design, and testing equipment R&D, BIWIN has further expanded the industry chain layout and comprehensively enhanced its core competitiveness. In 2023, the company’s R&D expenditure totaled 249.9804 million RMB, an increase of 97.77%. For the first half of 2024, R&D expenses were approximately 210 million up more than 170% year-on-year. The strong R&D investment has yielded significant technological achievements. As of December 31, 2023, the company has acquired 95 invention patents, with 84 new patent applications and 56 new granted patents in 2023 alone.
Furthermore, BIWIN prioritizes talent development by bringing in exceptional professionals to support long-term and robust growth. A constellation of measures, such as equity incentives, are implemented to draw top technical talent, with aims to share accomplishments with remarkable “strivers” and march in lockstep.
2024 Best Board Secretary of Sci-Tech Innovation Board Listed Companies
Being Diligent and Responsible to Safeguard Investors’ Interests
During this event, Huang Yanfeng, General Manager of the Finance Management Department and Board Secretary of BIWIN, received the “2024 Best Board Secretary of Sci-Tech Innovation Board Listed Companies” award, which recognizes BIWIN’s excellent performance in fulfilling its responsibilities to the capital market and investors.
Since its listing, BIWIN has been committed to enhancing communication with investors. This involves a deep focus on optimizing investor relations management through various forms and channels, including announcements, annual performance briefings, institutional research, brokerage strategy meetings, and investor hotlines, in an effort to deepen the level and breadth of interaction. Notably, through active involvement in investor research activities, BIWIN has maintained close contact with industry analysts, and ensured that every investor inquiry receives a prompt response, and that the company’s operational status, industry positioning, and future plans are effectively communicated.
Looking ahead, BIWIN will continue to uphold its original aspiration and professional spirit to enhance performance and technological strength, and create greater value for investors as well. Meanwhile, the company will scale up efforts to further optimize investor relations management, improve the quality and transparency of information disclosure, and strengthen the trust relationship with investors, in a move to tackle industry challenges and opportunities with a more open and transparent attitude.