Congratulations in Order as TP-Link Awarded One of the First National Hi-Tech Enterprises
TP-Link has been successfully selected as a National Hi-Tech Enterprise. It is the first time that this honor has been granted throughout the whole nation.
The evaluation process was conducted by Shenzhen Bureau of Science Technology & Information, Shenzhen Finance Bureau, Shenzhen Municipal Office of State Administration of Taxation and Shenzhen local Taxation Bureau, with the authorization bestowed by the National Ministry of Science & Technology and the Ministry of Finance and State Administration of Taxation.
The Chinese government has been quite stringent in its selection, to which they attach much importance. Many specific requirements had to be met in order to attain such a distinction. Enterprises had to show the number of technologies or products owned with independent intellectual property rights, R&D investment ratio in relation to total revenue, income ratio of the hi-tech products, R&D management capability, the application of science &technology, sales volume, and finally, growth rate of total assets. Enterprises achieving this honor enjoy preferential tax policies and government support on some relevant polices.
There are 395 enterprises receiving this honor from among thousands in Shenzhen. It is a great honor that is greatly valued by TP-Link: on one hand, the reliable R&D capacity and sound operational conditions at TP-Link have been highly recognized and appreciated by the government, and on the other hand, TP-Link will be dedicated to further enhancing its performance and making more progress in the future, fueled by this honor.