On September 20, the China Enterprise Confederation and the China Enterprise Directors Association released the list of the 2023 Top 100 Innovative Chinese Enterprises. AAC was included in the list for the first time and ranked 30th with 66.32 points.
Highlights of the list
This list was formulated based on the 2023 Top 500 Chinese Enterprises, the 2023 Top 500 Chinese Manufacturing Enterprises, and the 2023 Top 500 Chinese Service Enterprises. Enterprises had to meet certain requirements to be selected, including the possession of more than 100 invention patents, an R&D intensity of at least 0.6%, and annual revenue of no less than CNY 20 billion. While formulating the list, data provided by the enterprises was taken into account, including R&D expenses, R&D investment as a percentage of revenue, number of invention patents, total patent counts, and profit margin. The data was then processed using the efficiency coefficient method to produce values for each indicator. These assessment values were given different weightings to calculate the overall score for each enterprise. Finally, the enterprises were ranked according to their scores.
The 2023 Top 100 Innovative Chinese Enterprises list shows a steady growth in R&D intensity.In terms of R&D intensity, the top 100 innovative Chinese enterprises are the major holders of valid patents across China, with a total of 630,100 valid patents and an average R&D investment intensity of 5.42%. In terms of the geographical distribution of corporate headquarters, the 2023 top 100 innovative Chinese enterprises are spread across 20 provinces, autonomous regions, and municipalities directly under the Central Government. Beijing and Guangdong are each home to 22 of these enterprises.
As a leader in sensory experience solutions, AAC possesses proprietary core technologies in fields such as acoustics, optics, haptics, precision mechanics, and sensors and semiconductors. AAC has filed more than 14,000 patents worldwide and has R&D centers in 18 countries and regions. We are a leader in global market share, with our products widely used in human-machine interaction fields such as smartphones, smart automobiles, AR/VR, smart wearables, and smart homes.
Prior to this ranking, AAC was honored as one of the Top 100 Global Innovators and included in Innovation Momentum 2023: The Global Top 100 for our leading innovative strength and excellent patent quality.