Foreign partners ask: what do these badges actually mean? Here's the plain-English translation of the system LianJinAI indexes.
国家高新技术企业 NHTE
National High-Tech Enterprise
A government certification granting a 15% corporate income tax rate (vs. 25% standard) plus R&D super-deduction. This is The Core badge — it signals a company meets national R&D-intensity and IP thresholds. ~82% of LianJinAI's 715K base holds it.
专精特新 "小巨人" Little Giant
Specialized & Refined "Little Giant"
A tiered program for SME leaders in niche markets (professionalization, refinement, specialization, novelty). Little Giants are the top tier — high-growth, high-margin, often IPO candidates. LianJinAI indexes 1,608 of them.
专精特新 LSE / SRDI
Specialized & Refined SME
Provincial-grade version of the above. A stepping stone from ordinary SME toward Little Giant, with access to dedicated subsidy funds and bank credit lines.
AEO Authorized Economic Operator
AEO Certification
Customs clearance "trusted trader" status — faster customs processing and lower inspection rates. Critical for exporters, e-commerce and cross-border businesses, especially under the Hainan Free Trade Port.
上市公司 Listed
Listed Company (A-Share)
Publicly traded on Shanghai/Shenzhen/Beijing exchanges. LianJinAI tags 501 A-share listed companies with a "crown" mark — the most liquid and investable segment.
科创版 STAR Market
STAR Market (SSE)
Shanghai's tech-focused board — the Chinese NASDAQ. Companies here are deep-tech leaders in semiconductors, biotech, AI and advanced manufacturing. Highly relevant for overseas capital.
数据资产入表 Data Asset
Data Asset Booking
A 2024+ policy letting companies record data as a balance-sheet asset — creating a new, quantifiable intangible that improves valuation. LianJinAI flags companies that have already done this.
中国创投 VC/PE
China Venture Capital & Private Equity
LianJinAI covers 40,000 capital institutions across 92 types — venture capital, private equity, government guidance funds, industrial funds, banks and credit guarantee firms. The widest funder universe in the market.