Event: the law of the people’s Republic of China on scientific and technological progress, which was revised and adopted at the 32nd meeting of the Standing Committee of the 13th National People’s Congress of the people’s Republic of China on December 24, 2021, is hereby promulgated and shall enter into force as of January 1, 2022. The revision of the science and technology progress law is another revision of this basic law in the field of science and technology after a lapse of 14 years.
Comparing the 2021 and 2007 versions horizontally and vertically, basic research and leading of science and technology enterprises are highlighted: on the whole, this revision is expanded from 57 articles in Chapter 8 to 117 articles in Chapter 12, of which, The original chapter 2 “scientific research, technological development and application of science and technology” is divided into two chapters: Chapter 2 “basic research” and Chapter 3 “applied research and achievement transformation”. In addition, while the original chapter remains unchanged, Chapter 7 “regional science and technology innovation” is added Chapter VIII “international scientific and technological cooperation” and Chapter X “supervision and management”. In addition, the new version has several important directions: ① improve the construction of multi-level capital market and listing and financing system of scientific and technological enterprises, and strengthen the layout of the forefront of scientific and technological innovation; ② Give priority to supporting domestic scientific and technological innovation products. The government plans to purchase large-scale scientific instruments. For scientific and technological innovation products and services that meet the procurement demand and are put on the market for the first time, the government will not take the lead in purchasing them within the limit of commercial performance; ③ Strengthen basic research in emerging and strategic industries, and gradually increase the proportion of basic research funds in the total funds for scientific and technological research and development of the whole society; ④ Deepen “industry university research”, enterprises play a main role in technological innovation, and support enterprises to take the lead in national scientific and technological research tasks; ⑤ Protect the material conditions and social welfare of scientific research personnel, attract overseas scientific research personnel to return home, and simplify the work process to reduce the work burden. ⑥ Formulate a protection mechanism for domestic intellectual property rights and seriously crack down on false scientific research achievements.
From formulating the plan for purchasing large-scale scientific instruments to coordinating the purchase of large-scale scientific instruments, the construction of resource bank is mentioned for the first time: five scientific instruments are mentioned in the 2021 document, covering government procurement, cost accounting treatment, resource utilization management and so on. There is a major change. Article 94 of the new version proposes to make an overall plan for the purchase of large-scale scientific instruments and equipment, while the 2007 version is formulated as a plan for the purchase of large-scale scientific instruments and equipment. The original policy of adding and deducting the expenses before R & D expenses tax and accelerating the depreciation of R & D instruments and equipment. In addition, the latest version emphasizes promoting the open sharing of scientific instruments and equipment, scientific and technological infrastructure, scientific engineering and scientific and technological information resources, improving the regional transformation efficiency of scientific and technological achievements, mentioning the construction of resource bank for the first time, and increasing the punishment for non-compliance with the obligation of sharing and using scientific and technological resources.
With the downstream promotion of new energy vehicles + 5g communication + VR equipment + domestic substitution wave, domestic high-quality electronic measuring instrument companies are expected to make profits: with the development of communication manufacturing industry to high-end, the demand for testing instruments increases. With the national economic structure adjustment and industrial upgrading, and the rapid development of intelligent manufacturing industry, enterprises need to improve the testing level to ensure product quality. 1) With the growth of 3C consumer electronics demand and the improvement of consumer experience, the demand for electronic products with high resolution and low energy consumption increases accordingly, which puts forward an urgent demand for ensuring good quality of electronic products in efficient production. As a supporting equipment for the production of consumer electronics, electronic measuring instruments run through the whole manufacturing process, It is the key to ensure product quality and yield. 2) The safety of batteries, motors, electronic control systems and new energy vehicles must be strictly tested, so the demand for electronic measuring instruments will further increase. 3) The significant improvement of 5g network capability will realize application scenarios that cannot be realized in the 4G era, such as VR / AR applications, automatic driving and remote driving services in the Internet of vehicles. In terms of downstream industry applications, the landing of 5g technology will expand more test scenarios. It is suggested to focus on China’s high-quality electronic measuring instrument companies, such as huielectronics, Chuangyuan instrument, dingyang technology, kunhengshun and Puyuan Jingdian.
Risk tip: the promotion of domestic scientific instruments is not as expected, and the industry competition intensifies the risk
