Pudong'S "Face" Of The Science And Technology Board: The Rise Of Two Hundred Billion Industrial Clusters "Hard Core"

Pudong is the main battleground for the construction of Shanghai international financial center and science innovation center, and the launch of Ke Chuang plate has double epoch-making significance for China's capital market development and technological innovation. The establishment of Ke Chuang plate has made the two missions of Pudong's financial center and Science Innovation Center perfectly integrated.

In March 22, 2019, the first batch of science and technology board was accepted by the company, registered in the Shanghai free trade zone's crystal morning shares, took the 001 approval document of the science and technology board, and the "Pudong story" of the science and technology board officially opened.

Now, a list of listed companies has been set up, and the 97 companies have been clustered successfully. 15 of them are from Shanghai and Pudong has 9 seats. The key elements of science and technology and financial capital are speeding up in Pudong.

Sino micro company, Anji technology, crystal morning stock, Xin Mai technology...... These companies have become leaders in their respective fields. Behind these familiar faces, Pudong's two huge industrial clusters, "China core" and "innovative medicine", are becoming more and more brilliant.

They all chose Pudong.

As the No. 001 player of Chuang Chuang plate, Jing Chen shares have attracted much attention in the capital market.

In fact, Jing Chen shares is a foreign-owned chip manufacturing enterprise. However, Zhong Peifeng, a real controller, has a Chinese "core".

In 1995, crystal morning stock was established in California. In 2003, Zhong Feng Feng saw the business opportunities in the domestic chip market, decided to return to business and choose the destination in Pudong, Shanghai. In March 2017, Jing Chen shares were changed from foreign sole proprietorship to Sino foreign joint venture.

In the past more than 10 years, Jing Chen shares gradually introduced foreign semiconductor technology into China and made localization strategy. Now it has become the leading enterprise in the field of set-top box chips.

One year after Zhong Peifeng returned to China, Yin Zhiyao, who led sixty years ago, led 15 senior technical and managerial colleagues in Silicon Valley, and returned home with the strong support of the Shanghai municipal government. He founded the China micro company in Pudong.

In the past sixteen years, the team led by Yin Zhiyao has broken through the key core technologies and made "made in Shanghai" rank among the first tier of the etching machine.

In July 22, 2019, the company became one of the first companies in the company. Coming to the capital market, the performance of the micro and micro companies is also amazing. With its 170 times price earnings ratio, it has set out the first valuation record of the newly issued scientific and technological innovation board. As of now, the market value of the micro and micro companies is over 80 billion yuan, ranking the most important part of the board.

The first batch of Chuang Chuang Ke Chuang board has the same pulse treatment from Pudong, Shanghai. This is a subsidiary of minimally invasive medical care to be listed on the science and technology board. It is mainly engaged in the research, manufacture and sale of interventional medical devices for aorta and peripheral vessels.

Minimally invasive in 1998, founded in Pudong, Zhang Jiang, according to heart pulse medical director Peng Bo recalls, Zhang Jiang was still a farmland, the company has only two half office, more than ten employees. He rented a broken house near the company, which was very simple. After 2004, with the opening of the company's product market, the company's development gradually accelerated.

Up to now, in addition to the above 3 companies, Anji technology, poly Chen share, Pu Yuan information, Dixie, Jing Feng Ming Yuan, Le Xin technology are familiar with Pudong's "face", accounting for half of Shanghai's science and technology board business.

Looking back at the 30 years of Pudong's opening up and development, these companies have witnessed that Pudong has become an international metropolis from an undeveloped wasteland, and has grown from one seed to one big tree.

The junction of the two centers

Why did they choose Pudong? The technology innovation soil provided by the Pudong New Area government is inseparable from the soil. It is a footnote to push forward the construction of the science innovation center.

In August 2015, Pudong explicitly put forward "to become the core function area of Shanghai to create global influence." Since then, along with the implementation of China's (Shanghai) pilot free trade zone and the implementation of the national strategy of Zhang Jiang's National Science City, the construction of Pudong science and technology has been further intensified.

The construction of the science and innovation center is not isolated. In 2019, Ying Yong, mayor of Shanghai, put forward for the first time that we should further strengthen the joint development of financial centers and technological innovation centers in the government work report.

In 2018, the science and technology center of the left hand and the right-hand financial center were born in 2018. The largest intersection of the two centers was found in the "Chuang Chuang" board.

On the "2019 Lujiazui forum", Li Qiang, Secretary of the Shanghai Municipal Committee, pointed out that "Shanghai is a city with strong financial genes. It is not simply to increase one sector, but to mark the innovation and maturity of the capital market system, to set up a channel for financial capital and key elements of science and technology, so as to promote the linkage development of financial center and science innovation center.

Zhang Zongxin, a finance professor at the Financial Research Institute of Fudan University and a member of the expert committee of Chuang TSE Ke Chuang board system, said: "from the current practice of Chuang Chuang board, the launch of the" Chuang Chuang "board is conducive to the innovation of resources and the improvement of the environment of science and technology. This, to a certain extent, has helped to build the" short board "of the Shanghai science and technology innovation center.

"One of the short boards is the relatively insufficient investment in the world's leading technology industry." Zhang Zongxin said that the science and technology board has built an efficient docking platform for technology start-ups and massive capital investment, attracting the accumulation of social capital in the form of capital market, laying emphasis on major strategic emerging industries, carrying out capital empowerment for major scientific and technological innovation, hatching out a number of global innovative technology projects, and tackling the necked "hard technology".

From the multi-level perspective of capital market, Zhang Zongxin believes that the establishment of the scientific creation board and the pilot registration system will help to realize the forward process of the financing of science and technology projects, so as to achieve the synergy between the venture capital, venture capital and multi-level financial market system. This will help to achieve the goal of "double center construction" in Shanghai.

In order to accurately link the science and innovation board, Pudong set up a special working group of the Chuang Chuang board before the opening of the science and technology board, and conducted a centralized research on the science and technology enterprises in Zhang Jiang, Jinqiao and other regions to help the high quality enterprises win the opportunity in the listing of the science and technology innovation board.

But Pudong's vision is not limited to Pudong and Shanghai, but to look at the whole Yangtze River Delta.

In April 2019, the capital market service base of the Yangtze River Delta, which was jointly launched by the Shanghai Stock Exchange and Pudong New Area, was launched to provide a "source of water" for the registration system of the science and technology innovation board.

The rise of integrated circuit and pharmaceutical industry

It is easy to see that from the perspective of industry distribution, Pudong Chuang Chuang board, which has been listed, is particularly concentrated in the integrated circuit and biomedical industry.

Behind these companies, Pudong's bigger ambition is hidden: accelerating the formation of the two major industrial clusters.

This can be seen from the geographical distribution: Jinqiao and Zhang Jiang become the base of the Chuang Chuang board company.

According to the data, Jinqiao Development Zone has contributed more than 1/4 of the industrial scale to occupy an area of 1/50 in Pudong. Among them, the output value of the electronic information industry accounts for 1/3 of Shanghai's total output value, which is the highland of Shanghai's integrated circuit development.

Zhangjiang's bio pharmaceutical industry is also a trump card in Pudong. Today, Zhangjiang has gathered more than 600 life and health innovative enterprises, and over 400 have been involved in drug research, and more than 130 projects have entered clinical research stage.

According to Pudong New Area's recently released industrial energy level doubling action plan, by 2025, Pudong will cultivate six "100 billion scale" hardcore industrial clusters. Including the above two industries, "China core" and "innovative medicine", and in the year of Pudong, 6 industries will be running towards 2 trillion GDP with "future cars, data ports, intelligent manufacturing, blue sky dream" and so on.

Why does Pudong cultivate such an industrial cluster? According to Chen Wei, Dean of Shanghai Zhangjiang platform Economic Research Institute, Shanghai started the innovation driven mode very early.

"As early as 1999, Shanghai put forward the innovation driven mode. The whole city focused on Zhang Jiang, marking the United States, making Silicon Valley and Chinese Medicine Valley, which is the foundation for the development of Pudong integrated circuits, information software and biomedicine industry. Moreover, these industries not only rely on the government to create industrial ecological promotion, but also are capital empowerment, industry university research collaborative innovation, and create industrial chains and industrial clusters. Since then, Pudong has been studying the most advanced industries in terms of the highest standards of international standards. After 20 years of cultivation, it has entered a concentrated harvest period. Chen Wei pointed out.

"More importantly, these industries are rooted in Pudong and are not mature enterprises imported from the outside world. The industrial foundation is very solid. At the same time, Pudong realized the importance of the industrial chain very early, and focused on all aspects of chip design, manufacturing, materials and so on. Chen Wei said. In his view, it is not surprising that Pudong has become the main position of the science and technology board. Under such an industrial foundation, there will be more "big trees" in the future.

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