The 20th National Congress of the Communist Party of China report clearly stated: "High-quality development of is the primary task for us to comprehensively build a modern socialist country." In recent years, as the effect of industrial agglomeration continues to expand, the group of high-quality "technological innovation" enterprises has grown steadily, and innovative results have emerged one after another. Recently, Lenovo entered the "2022 Zhongguancun Listed Companies Science and Technology Innovation 100" list in the 2022 High-Growth Enterprise TOP100 Annual Ceremony, ranking third.
shows in the list interpretation report that the ranking is based on a comprehensive analysis of 13 variables including the number of patents, registered capital, total number of employees, net profit, return on net assets of the companies on the list.
Subsequently, in order to further explore the extent to which relevant factors affect the scientific and technological innovation attributes of listed companies, Zhicheng Enterprise Research Institute used regression analysis to obtain a function model that affects whether a company is on the list. The results show that the four variables of "number of patents", "number of employees", "total market value" and "R&D expenses" help companies enter the list, among which the weight of the number of patents accounts for 51.9%.
In fact, Lenovo has 1,241 invention patents authorized in 2021, ranking 7th in the patent rankings of Chinese private enterprises. This is also the fifth consecutive year that Lenovo has ranked in the top ten on this list. The number of patents can reflect the innovation capabilities and innovation output of an enterprise, and also provides the enterprise with core competitiveness.
Lenovo’s intellectual property business started in 2001. It is a domestic pioneer in using intellectual property weapons to protect innovation and participate in international competition. Since 2005, Lenovo has begun to build a global patent layout . As of now, Lenovo has accumulated more than 30,000 patents and patent applications around the world.
In terms of R&D expenses, Lenovo’s R&D investment in fiscal year 18/19, fiscal year 19/20, and fiscal year 20/21 was 10.203 billion yuan, 11.517 billion yuan, and 12.038 billion yuan respectively, showing an upward trend.
At Lenovo's swearing-in ceremony this year, its chairman and CEO Yang Yuanqing also announced that in the next five years, Lenovo's total investment in R&D will exceed 100 billion yuan.
Judging from various data, Lenovo is paying more and more attention to its scientific and technological innovation capabilities. In an era when innovative achievements are emerging among companies, Lenovo has been providing a steady stream of power for the digital and intelligent transformation of all walks of life. It has also provided a steady stream of vitality to promote the conversion of old and new driving forces in the Chinese economy and achieve high-quality development.