ALLPCB Recognized as National High-Tech Enterprise in China

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ALLPCB has announced that it has now been officially identified as a National High-Tech Enterprise in the key support field, as per the notice issued by the Hangzhou Science and Technology Bureau.

A national high-tech enterprise refers to the enterprise, which has been occupied on continuous research and development and transformation of technological achievements in the "high-tech fields supported by the state" to form its core independent intellectual property rights, and to conduct business activities based on this. Besides, it should be a resident enterprise registered in China (excluding Hongkong, Macao and Taiwan regions) for more than one year.

ALLPCB is an innovative industrial Internet platform, focusing on electronic manufacturing services. It devotes itself to building a collaborative "super factory", which is based on the Multi-module WUJI IOCT System. The WUJI IOCT system, namely IT (Information Technology), OT (Operation Technology), CT (Communication Technology), is applied to make the manufacturing process more informationalized, automatic and intelligent. One of its significant effects is that it greatly improves efficiency by going online.

Taking the most advanced technologies as "weapon", ALLPCB has attracted the attention of various industries. On September 25, 2019, it completed a Pre-A Round financing of 30 million Chinese yuan from Galaxy Venture Capital. Last year, the number of scientific and technological personnel engaged in R&D and related technological innovation activities was more than 10% of the total number of employees of ALLPCB. And the proportion of high-tech products (services) income in the total revenue of the enterprise in the same period was not less than 60%.

By virtue of technical and innovative advantages, ALLPCB has been honored with national high-tech enterprise, with which it will be supported by the state to a 15% reduction in corporate income tax. And the employee education funds shall be deducted before tax according to 8% of the enterprise income tax.