Eight listed companies on the Growth Enterprise Market have spent over 1 billion yuan on research and development expenses in the first half of the year, and their willingness to invest in expanding production has also recovered.

Data shows that in the first half of 2025, the research and development innovation investment of companies listed on the Growth Enterprise Market continued to increase, with a total expenditure of 94.989 billion RMB for research and development expenses by 1384 listed companies, a year-on-year increase of 5.35%. Among them, 188 companies had research and development expenses exceeding 100 million RMB, 19 companies had research and development expenses exceeding 500 million RMB, and 8 companies including CATL, Suntech Power, and Huichuan Technology had research and development expenses exceeding 1 billion RMB. At the same time, the total long-term asset investment of Growth Enterprise Market companies was 182.232 billion RMB, a year-on-year increase of 9.43%, indicating a significant recovery in companies' willingness to invest in expanding production capacity. Due to the recovery of business climate and the impact of industrial transformation and upgrading, the long-term asset investment in the electronics and electrical equipment industries increased by 35.98% and 14.78% respectively.