July 2021 - Boreasa was listed as National New Small-sized Giant Enterprises

July 2021 - Boreasa was listed as National New Small-sized Giant Enterprises

According to the “The third batch of List of Professional, Sophisticated, Special and New Small-sized Giant Enterprises” released by the Ministry of Industry and Information Technology of People’s Republic of China, Boreasa Technologies Co., Ltd was in the list.

The Professional, Sophisticated, Special and New Small-sized Giant means:

1. Economic benefits. The operating income of the company last year was between 100 million yuan and 400 million yuan. In the past two years, the average growth rate of main business income or net profit has reached more than 10%, and the company's asset-liability ratio is not higher than 70%.

2. Degree of specialization. The company has been engaged in a specific market segment for 3 years or more, and its main business income accounts for more than 70% of the company's operating income. Its leading products enjoy a high reputation, and its market segment share ranks among the best in the country or the top 3 in the province.

3. Creativity. In the past two years, the company’s R&D expenditure as a proportion of operating income ranks among the best in the industry, and the proportion of scientific and technological personnel engaged in R&D and related technological innovation activities to the total number of employees is not less than 15%. At least 5 invention patents related to main products have been obtained , Or 15 or more utility model patents and appearance design patents. The enterprise has core technology and scientific and technological achievements with independent intellectual property rights, and has a good ability to transform scientific and technological achievements. The enterprise establishes a research and development institution, and possesses the necessary technical development equipment conditions or environment for the completion of technological innovation tasks.

4. Management. The company has a complete and refined management plan, has obtained relevant quality management system certification, and adopts advanced corporate management methods, such as 5S management, excellent performance management, ERP, CRM, SCM, etc. The company implements a systematic brand cultivation strategy and achieves good performance, has its own brand, and has obtained more than one famous brand product or well-known trademark at the provincial level or above. The production execution standards of the enterprise have reached the international or domestic advanced level, or the products have passed the industry certification of the International Standards Association. The company has established a standardized customer satisfaction evaluation mechanism or product traceability system.