In the first half of this year, Guangdong publicly listed enterprises excelled in research and development (R&D) investments, ranking second nationally and surpassing the average level of A-shares. Statistics show that the 840 A-share listed enterprises in Guangdong invested a total of 142.752 billion yuan in R&D, reflecting an 8.5% year-on-year growth, which is higher than the national average. Notably, enterprises in high-tech sectors such as automotive, telecommunications, and pharmaceuticals demonstrated particularly strong R&D investment and business performance.

BYD is the only enterprise with R&D investments exceeding 20 billion yuan, having invested 20.177 billion yuan in the first half of the year, a 41.64% increase year-on-year. This investment accounts for 6.7% of its revenue. BYD not only leads domestically in R&D spending but also surpasses Tesla, earning the title of "R&D King" in the A-share market. In the telecommunications sector, ZTE ranks second with 13.429 billion yuan in R&D investment, which constitutes a significant21.49% of its revenue. Midea Group follows in third place with 7.663 billion yuan in R&D expenses, primarily focused on the home appliance sector.

In terms of the size of R&D teams, BYD leads with 102,800 researchers, making up 14.62% of its workforce. Following closely are ZTE and Foxconn Industrial Internet, with 35,400 and 31,800 R&D personnel, respectively. This strong R&D workforce enhances their innovation capabilities and market competitiveness.

Experts suggest that while increasing R&D investments may lead to short-term financial pressure, it is essential for the long-term development of enterprises. Firms with strong market demand and advanced technology can significantly enhance their core competitiveness through R&D. Additionally, as domestic enterprises improve their innovation capabilities, the demand for skilled tech professionals will continue to rise, driving further growth in the market for high-end talent.

Source :Lingnan on the Cloud

上市粤企高研发造就人才强“引力”

今年上半年，广东上市公司在研发投入方面表现突出，总额位居全国第二，平均水平高于A股整体水平。据统计，广东省840家A股上市公司研发总投入1427.52亿元，同比增长8.5%，增速高于全国平均水平。其中，汽车、通信、医药生物等高科技行业的企业研发投入和经营表现尤为强劲。

比亚迪是唯一一家研发投入超过200亿元的企业，上半年研发投入达201.77亿元，同比增长41.64%，研发投入占营业收入的比例为6.7%。比亚迪不仅研发投入领先国内，还超过了特斯拉，成为A股市场的“研发之王”。通信行业的中兴通讯则以134.29亿元的研发投入位居第二，占营收比例高达21.49%。美的集团以76.63亿元的研发费用位列第三，主要集中在家电领域。

从研发团队规模来看，比亚迪拥有10.28万名研发人员，占比14.62%，在所有企业中排名第一。中兴通讯和工业富联紧随其后，分别拥有3.54万和3.18万研发人员，进一步增强了企业的创新能力和市场竞争力。

专家分析指出，增加研发投入虽然会带来短期的财务压力，但对于企业的长期发展至关重要，尤其是市场需求旺盛、技术领先的企业，更能够通过研发投入提升核心竞争力。此外，随着国内企业创新能力的提升，科技人才的需求也将持续增加，推动高端人才市场的进一步发展。

文、图表｜记者 胡彦
译｜林佳岱
英文审校｜王枥焓