A few days ago, the Ministry of Industry and Information Technology of the People's Republic of China announced the first batch of national specialized, sophisticated, distinctive, and new "little giant" enterprises. Zhenghai Bio-tech has made its mark, the first and only enterprise on the list in Yantai City.

　　Specialization, sophistication, distinction, and novelty are the four outstanding advantages of an enterprise. Specialized, sophisticated, distinctive, and new "little giant" enterprises are pacesetters with strong innovation capability and high market share in the industry who lay emphasis on market segments, master key core technologies, and produce excellent quality efficiency. The evaluation is subject to four indicators of economic benefit, specialization, innovation capability, and operation & management. For the first batch of enterprises selected after a series of procedures recommended by the provincial SME competent departments, demonstrated under qualifications for the industry association, and reviewed by the expert group, a total of 248 enterprises were shortlisted, including 23 in Shandong Province.

　　The approval of national specialized, sophisticated, distinctive, and new "little giant" enterprises strongly suggests the comprehensive strength of an enterprise in economic benefit, specialization, innovation capability, and experience management. In the days ahead, Zhenghai Bio-tech will continue to focus on the regenerative medicine, constantly improve innovation capability, and enhance core competitiveness, thus playing a leading role in improving the operation & management and product quality, and achieving innovative development.