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ZS firms make Innovation Layer for 4 straight yrs
Updated: 2019-05-31    Source: Zhongshan Daily Large Medium Small Print

According to the list of NEEQ-listed companies under the 2019 Innovation Layer released recently by the National Equities Exchange and Quotations (NEEQ), there are a total of 698 listed companies that fit into the Innovation Layer. Two Zhongshan enterprises, namely the Guangdong Nenglong Education Co Ltd and Zhongshan Yonghui Chemi-industry Co Ltd made the list for the fourth year in a row.

Yonghui Chemi-industry is a famous children's toy paint brand providing products to a wide range of international toy giants such as MCDONALD, HARSBRO, LEGO, BANDAI, etc.

Gradually, the company has been extending the scope of its products into areas of children's furniture and food packaging.

In 2018, Yonghui Chemi-industry achieved an operating revenue of 170 million yuan, up 7.26% versus last year. Its R&D expenditure was 9.0157 million yuan, which accounted for 5.27% of the income from its core business.

Nenglong Education engages in the research and development of internet application for early childhood education and K12 basic education. It is also an operation of a related information technology service. The company achieved an operating revenue of 79.3776 million yuan in 2018, down 12.18% year-on-year. A net profit of 1.7866 million yuan was attributed to its shareholders.

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