21st century business herald reporter Zhang Sainan intern Qi Huilin Shanghai report

As the second largest province in the country's GDP, Jiangsu has the largest manufacturing industry cluster in the country, and its manufacturing output value accounts for about 12% of the country. It is a veritable strong manufacturing province. Due to the strong economic strength, netizens use "Su Daqiang" to describe Jiangsu's economy.

In the-share market, a Jiangsu power that cannot be ignored has also emerged. As of September 12, a total of 680 companies in Jiangsu Province have been listed, accounting for nearly 15% of the total number of A- share companies. Its position in the capital market is evident.

Listed companies are the most dynamic micro-subjects of regional economic development, and also a window to observe regional economic development and industrial structure upgrading, which is confirmed in the layout of listed companies in Jiangsu.

The 21st Century Business Herald reporter combed and found that from the perspective of listed Jiangsu companies, the number of manufacturing companies accounts for an absolute proportion, and at the same time contributes to the absolute scale of operating income and net profit. It is a powerful footnote for Jiangsu as a strong manufacturing province.

It is also worth noting that compared with the traditional manufacturing industry, strategic emerging industries are rising rapidly in the Jiangsu listed company sector. In the past five years, the number of related listed companies has increased by 5 times, outlining the context of the transformation and upgrading of Jiangsu's manufacturing industry.

Capital market "Su Daqiang"

As of September 12, a total of 680 companies listed on the-share market in Jiangsu Province. If compared by region, this number ranks third in the country, behind Guangdong and Zhejiang, and the gap with Zhejiang is further narrowed.

The number of companies listed on the Main Board, GEM, CRE and BSE was 345, 190, 107 and 38, accounting for 50.7 per cent, 27.9 per cent, 15.7 per cent and 5.6 per cent, respectively.

From the perspective of changes in the number of listed companies, the past five years have been a period of rapid expansion of listed companies in Jiangsu. From 379 at the end of 2018, it has increased by 31, 67, 86, 70, and 47 each year. Until the expansion to the current 680.

In general, 680 listed companies in Jiangsu achieved a total operating income of 1645.9 billion yuan in the first half of the year, and a net profit of 149.48 billion yuan. Among them, there are 58 companies with operating income above 5 billion.

Further, in the first half of this year, the "revenue king" in Jiangsu was Dongfang Shenghong (000301.SZ), and its operating income was 65.9 billion yuan, a year-on-year increase of 117.91. Followed by Sumida (600710.SH), Xugong Machinery (000425.SZ), Tris (688599.SH), Xincheng Holdings (601155.SH), Yuanda Holdings (000626.SZ), Bank of Jiangsu (600919.SH), Nangang (600282.SH), ST Tesco (002024.SZ), Nanjing Pharmaceutical (600713.SH).

In terms of net profit, Bank of Jiangsu and Bank of Nanjing (601009.SH) have exceeded 10 billion in the first half of the year, ranking first and second, with 17 billion yuan and 10.7 billion yuan respectively. Yanghe shares (002304.SZ), Huatai Securities (601688.SH), drug Mingkang (603259.SH) net profit of more than 5 billion yuan.

in terms of growth rate, among the 679 companies (excluding one sample with no data), in the first half of this year, the revenue "growth king" was Yahong Pharmaceutical-U(688176.SH), at 750. This was followed by Jindick (688670.SH), Shangneng Electric (300827.SZ),

Quartz shares (603688.SH), Eddie Pharmaceuticals (688488.SH), Tianmu Lake (603136.SH), growth rate of more than 200 percent.

The company with the highest year-on-year growth rate of attributable net profit is Hualv Biological (300970.SZ), reaching 33007.77, and its attributable net profit is 0.107 billion yuan. According to its disclosure, compared with the same period last year, thanks to the continuous improvement of the edible fungus market during the reporting period, the price of the company's main product Flammulina velutipes rose more year-on-year, the real mushroom turned losses into profits, and the company's net profit achieved a substantial increase compared with the same period last year.

the second largest net profit growth rate is zhongxinbo (688408.SH), reaching 8319, but the net profit scale is also relatively small, at 0.098 billion yuan. Goodway (688390.SH), Reco Defense (002413.SZ), Su Changchai A(000570.SZ), net profit growth rate is also more than 10 times.

Fighting New Enterprises into "New Engines"

One of the labels Jiangsu gives to the outside world is a big and strong manufacturing province. From the perspective of the industrial distribution of listed companies, listed manufacturing companies do occupy an absolute number.

as of September 12, according to the industry classification of the CSRC, 530 of the 680 listed companies in Jiangsu belong to the manufacturing industry. in the first half of this year, the total revenue generated was 991.7 billion yuan, and the net profit was 75.5 billion yuan, accounting for 60% and 51% of the total regional revenue. it is the ballast stone of listed companies in Jiangsu region.

It is worth noting that behind the huge manufacturing scale, Jiangsu has paid more attention to how to enhance the high-quality development level of the economy through technological innovation in recent years.

The semi-annual report of Jiangsu's economy shows that in the first half of this year, the output value of Jiangsu's industrial strategic emerging industries accounted for 41.1 percent of the regulated industries, an increase of 1.3 percentage points over the same period last year. In recent years, the growth of strategic emerging industries has taken a leading position in the secondary industry and has become a "new engine" to promote the high-quality development of Jiangsu's economy ".

Further from the perspective of listed companies, the effectiveness of the transformation and upgrading of Jiangsu's manufacturing industry is also reflected.

The 21st Century Business Herald reporter noted that at the end of 2018, the number of companies in the Jiangsu listed sector that belonged to strategic emerging industries was 48. As of the latest statistics date, the number has increased to 290, accounting for 43% of the total number in Jiangsu. (Note: According to the classification of strategic emerging industries to which Wind belongs, it includes high-end equipment manufacturing industry, energy conservation and environmental protection industry, biological industry, digital creative industry, new material industry, new energy industry, new energy automobile industry, and new generation information technology industry.)

In particular, the new generation of information technology industry has grown from 8 five years ago to 73 now, the new material industry has grown from 14 at that time to 57, and the high-end equipment manufacturing industry has grown from 9 to 47.

Behind the increase in the number of companies in the related industrial chain is Jiangsu's support at the policy end. This year, Jiangsu issued the implementation plan on promoting the development of strategic emerging industry integration cluster, which made it clear that by 2025, the development level of strategic emerging industry integration cluster in Jiangsu Province will be significantly improved, and its leading position in economic and social development will be more prominent, and it will become the source of emerging industries, a new highland of innovation and development, and a gathering place of industrial clusters. The output value of the province's industrial strategic emerging industries accounted for more than 42% of the regulated industries. The new generation of information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment, and green environmental protection have developed into new growth engines.

The chairman of a listed manufacturing company in Jiangsu told the 21st Century Business Herald, "In recent years, Jiangsu's emerging industries have achieved rapid development, especially the new energy and new materials industries. Traditional industries have shrunk, and I believe that the future will focus on the head, or will usher in a wave of mergers and acquisitions."

Active technology development

R & D investment is an important dimension to reflect the innovation vitality of enterprises. excluding 29 samples with missing R & D expenditure data, the total R & D expenditure of 651 companies in Jiangsu reached 52.4 billion yuan.

From a patent perspective, according to Wisdom Bud data, as of September 15, 2023, 680 A- share listed companies in Jiangsu Province have applied for more than 191000 patents, more than 98000 valid invention patents, and more than 34000 authorized invention patents. Pieces. On average, each enterprise has applied for about 281 patents, 145 about valid patents and authorized invention patents. By comparison, as of September 15, 2018, the total number of patent applications of 680 A- share listed companies in Jiangsu Province was more than 104000, with a five-year growth rate of 83%.

From the perspective of the listed sector, the average number of patent applications of 108 listed companies on the Science and Technology Innovation Board of Jiangsu Province is the highest, about 371. In addition, 344 main board companies, 190 GEM companies and 38 Beijing Stock Exchange companies have applied for an average of 307, 213 and 136 patents respectively. In terms of the growth rate of patent applications over the past five years, it is also the company that has the highest growth rate, reaching more than 118 percent.

judging from the 13 prefecture-level cities in Jiangsu, the number of A- share listed companies in Suzhou exceeds 200, and the number of A- share listed companies in Nanjing and Wuxi both exceeds 100, with 214, 123 and 118 respectively. the average number of patent applications is about 324, 249 and 246 respectively.

In addition, in terms of the growth rate of patent applications in the past five years, the growth rate of 67 A- share listed companies in Changzhou City is the highest. It is the only city in Jiangsu Province that has exceeded 100 percent, up to 101.9 percent, and its patent applications have increased from more than 10300 to more than 20800.

In the Jiangsu region, capital operations have also been very active in recent years. The number of fixed-increase companies issued in Jiangsu region in 2023, 2022 and 2021 is 27, 54 and 64 respectively, and the total amount of fixed-increase companies is 19.84 billion yuan, 85.516 billion yuan and 68.789 billion yuan respectively.