Sanhua 5 Subsidiary Companies ranking in 2021 Zhejiang TOP 100 Innovative Enterprises List

On May 17, the Zhejiang Provincial Market Supervision Bureau (Provincial Intellectual Property Office) released the list of the top 100 Zhejiang innovative enterprises in 2021. Five subsidiary companies from Sanhua Holding Group were on the list: Sanhua Intelligent Controls (ranking No. 22), Sanhua Automotive (ranking No. 30), Sanhua Commercial (ranking No. 33), Sanhua Microchannel (ranking No. 50) and Sanhua R&D Center (ranking No. 91).

The list is calculated based on the data at the end of 2020. For the first time, the top 100 innovative companies are ed out by the composite index that based on three indicators: (1)the company’s effective invention patent inventory;(2) high-value invention patents, and (3) the number of invention patents granted in the past three years. Innovation represents the vitality of an enterprise. At present, Sanhua has applied for more than 500 patents in one year, of which invention patents ac for two-thirds. As of April 2021, Sanhua has applied for a total of 5,741 patents, including 3,121 domestic invention patents and 699 foreign patents; a total of 3,024 valid patents have been authorized, including 1,510 invention patents. In 2018, Sanhua Holding Group was shortlisted for the second tier of Clarivate Analytics "Top 100 Innovative Companies in Mainland China"; in 2019, Sanhua Intelligent Controls, Sanhua Automotive, Sanhua Residential and Fuerda Company were shortlisted for Zhejiang top High-tech 100. In 2020, Sanhua Intelligent Controls, Sanhua Automotive, Sanhua Residential, Sanhua Microchannel and Sanhua R&D Center have been on the Zhejiang top 100 innovative enterprises list.