On September 20, the Guangdong Enterprise Federation and the Guangdong Entrepreneurs Association officially released the list of "Top 500 Guangdong Enterprises in 2024"and its Development Report. Among them, Shenzhen S.C New Energy Technology Corporation ranked 245th on the list with its excellent market performance and technological innovation capability, climbing 83 positions from last year. This not only serves as strong evidence of S.C's leading position but also showcases its robust development potential and momentum in the PV industry.

Figure-Ranking of S.C

The Report indicates that the R&D expenditures of Shenzhen enterprises amounted to RMB 386.379 billion, accounting for 60.7% of the total R&D expenditures of the top 500 enterprises; the average R&D expenditures exceeded RMB 1.8 billion, which is 1.42 times higher than that of the average R&D expenditures of the top 500 enterprises; and the total R&D investment intensity in the Shenzhen region amounted to 3.72%, which is 0.32% higher than that of the top 500 enterprises as a whole. As a local manufacturing company specialized in solar cell manufacturing equipment field for more than 20 years in Shenzhen, S.C has been very much focused on R & D investment, technological innovation and market expansion. The total operating revenue of the first half of 2024 reached 6.622 billion yuan, an increase of 62.19% from last year; with total R&D investment of 291 million yuan, an increase of 34.78% from last year. These eye-catching data not only consolidates S.C’s leading position in the photovoltaic equipment market, but also lays a solid foundation for S.C’s sustainable development.

Industry strengthens the country, science and technology develops the enterprise. S.C consistently adheres to the development strategy of “High Efficiency, Internationalization, Intelligence and Diversification”, and strengthens technological innovation and R&D of new products in various high-efficiency technology routes such as TOPCon, HJT, XBC, Perovskite and Tandem solar cells, as well as in semiconductor, lithium battery new energy equipment and other fields, to provide customers with stable performance and reliable equipment with high quality, and guarantee the product sales by providing excellent technical service support, which has won wide praise from customers at home and abroad.

S.C has been listed on the list of “Top 500 Guangdong Enterprises in 2024” for consecutive years and its status has been rising year by year, which is not only an affirmation of S.C's past efforts, but also a stimulus for its future development. S.C will take this opportunity to continue adhering to the development strategy of  "Leading Technology", "Advanced Management" and "First-class Service”, seizing the key production factors such as capital, technology and talents, focusing on R&D innovation, vigorously developing new productivity, and striving for the realization of a higher quality development goals.