On January 28, National High-tech Enterprise Identification Management Leading Group Office issued the “Response to Filing of Second Batch of High-tech Enterprises of 2018 in Guangxi Zhuang Autonomous Region”; Guangxi Science and Technology Department, Finance Department, and Guangxi Zhuang Autonomous Region Tax Service of State Taxation Administration released the “Notice on Promulgating Second Batch of Approved High-Tech Enterprises of 2018 in Guangxi Zhuang Autonomous Region”, in which China Resources Power (Hezhou) Co., Ltd. (referred to as Hezhou Project) was listed.

Previously, in the “Notice on Promulgating Second Batch of Proposed High-tech Enterprises of 2018 in Guangdong Province” released by Guangdong Provincial Science and Technology Department, Finance Department, and Guangdong Provincial Tax Service of State Taxation Administration, China Resources Power (Haifeng) Co., Ltd. (referred to as Haifeng Project) was among the list and entered the publicity stage, and will be officially awarded the title of National High-tech Enterprise together with certificate and plaque.

High-tech enterprise identification refers to the comprehensive evaluation and identification of enterprise in the high-tech fields supported by the State in terms of core independent intellectual property rights, transformation ability of scientific and technological achievements, organization and management level of research and development, operational growth indicators and talent structure, which needs to go through a process consisting of enterprise application, expert review, member unit discussion, publicity and filing, etc.

This identification is an authoritative affirmation of scientific research strength of the enterprise, which indicates that Hezhou and Haifeng Projects in South China Region have acquired recognition and support from relevant departments in terms of technological innovation, scientific research capabilities, and technological R&D level. Favorable policy support in tax preference, project application, award application and financial subsidies will be offered to contribute to the development of project companies.