"AC-DC power supply" is a power supply that can operate smoothly for various types of equipment, especially precision electronic equipment. It is widely used in medical, communications, computing, storage, test and measurement, instrumentation and industrial equipment. At Zhongshan Arteson Technology Co., Ltd. (hereinafter referred to as "Arteson"), the staff showed this power supply to the author. In the production workshop nearby, several production lines were running quickly, renewing orders and busy producing, making it a busy scene.
Part of the production line of Zhongshan Yatesheng Technology Co., Ltd.
"We have a number of patented technologies and have established an engineering technology research center in Zhongshan ." Yin Peitang, general manager of Arteson, said that Arteson is a power supply manufacturing company that has been rooted in Shiqi Street, Zhongshan for many years. "Technological research and development is the only way for enterprises to transform and upgrade. Investing in technological research and development, cultivating talents, and opening up markets all require enterprises to have sufficient funds. As a high-tech enterprise, we can enjoy a 15% reduction in corporate income tax. Last year, we enjoyed a corporate income tax reduction of 4.88 million yuan. This substantial tax reduction has injected a source of power into our transformation and upgrading and market development."
In order to support the innovation and development of enterprises, the state continues to release policies bonus . After the policy of increasing the super deduction of R&D expenses to 100% for , Arteson's financial director Zhan Deheng calculated the total. In 2020, the company enjoyed a total of 17.41 million yuan in corporate income tax super deductions for R&D expenses, and in 2021 it exceeded 32.5 million yuan. Not only that, previously, companies had to pay the final settlement in the following year in order to enjoy the bonus of the super deduction policy for R&D expenses. In 2021, for the first time, the country allows companies to enjoy the super deduction policy for R&D expenses in advance when prepaying corporate income tax in October, which is equivalent to reducing the tax payable by the company in the current period and increasing the available funds for the company. "The continuation of this policy is great news for us." Zhan Deheng said that benefiting from the above-mentioned preferential policies, Artesan has further increased its efforts in technological transformation and continuously introduced advanced production equipment at home and abroad for technological transformation and production process optimization. In 2021 alone, the company's total investment in new equipment in its technological transformation projects will reach more than 20.49 million yuan.
The tax personnel of Shiqi Taxation Bureau review and approve export tax rebate applications online and prepare work ledgers.
While tax incentives help enterprises transform and upgrade, the acceleration of export tax rebates also gives enterprises reassurance for their development. Yin Peitang introduced that Arteson's products are mainly sold to European and American countries. "The impact of the epidemic on the global supply chain, coupled with the fluctuations in the international trade environment, have affected us. The procurement of raw materials has taken up a lot of funds. For the tax refund of 5.117 million yuan in October this year, it only took less than 3 working days from submission of application to receipt of payment." Yin Peitang said that it was the continuous and fast arrival of export tax refunds that helped the company tide over the difficulties. According to statistics, Arteson, as a manufacturing enterprise, received an export tax rebate of 41.83 million yuan from January to October 2022. "Even under the influence of the epidemic and the international environment, Artesan's production operations remain stable and orderly. As of November 2022, operating income has reached 1.58 billion yuan, and the development trend is good." Yin Peitang is confident in the company's development.
[Writing] Wu Jie
[Correspondent] Zhan Qianhui
[Author] Wu Jie
[Source] Southern Newspaper Media Group Southern + Client