UPrecision is IPO again. 2021 revenue 300 million RMB, R&D spent 270 million RMB
As of June 30, 2022, the number of R&D personnel of Huazhuo Jingke has increased from 92 in 2019 to 184, accounting for 30.21% of the total number of employees,
600 people of which 200 in R&D!!
Impressive for a company that revenues just 40M$, indeed all this is possible just because they have huge government support:
If the amount of government subsidy R&D investment calculated by the net amount method is considered, the total R&D investment of Huazhuo Jingke in each period of the reporting period was 141.8184 million yuan, 194.8617 million yuan, 273.528 million yuan and 127.2941 million yuan, respectively. 117.24%, 127.91%, 83.23% and 111.91%,