Youyang Was Awarded the Title of National High-tech Enterprise Again

Recently, Youyang officially received the certificate of “National High-tech Enterprise” jointly issued by Shenzhen Municipal Science and Technology Commission, Shenzhen Municipal Bureau of Finance, and Shenzhen Municipal Taxation Bureau, Certificate No. GR202144200448 and the validity time is three years. That is the second time our company awarded the certificate which is a reaffirmation of our company’s technology and innovation ability by the industry and society; it is a praise and encouragement to our employees for their years of hard work and technical achievements.

Youyang will continue to vigorously enhance the core competitiveness of enterprise R&D, strengthen intellectual property management, expand more products, and highlight the cultivation of innovation ability to provide efficient products and solutions for our customers.

National High-tech Enterprise Identification Requirements：

• Registered for more than one year.
• With core intellectual property.
• The enterprise plays a core supporting role in its main products or services in technology (which belong to the “High-tech Fields Supported by the Country”).
• The proportion of the number of scientific and technical personnel engaged in R&D and related technological innovation activities to the total number of employees in the company for the year is not less than 10%.
• The proportion of total research and development expenses in the past three years to total sales revenues in the same period has met the corresponding requirements.
• The proportion of high-tech products or service revenues to the company’s total revenues over the same period is not less than 60% for the recent year.
• Evaluation of corporate innovation capabilities meets corresponding requirements.
• No major safety, quality accidents, or serious environmental violations have occurred in recent years.