China's 100 most innovative companies in 2018 named in third annual report by Clarivate Analytics

BEIJING,Oct. 16,2018 --China's most innovative companies have been identified in the 2018 Top 100 Chinese Innovators report launched today by Clarivate Analytics,the global leader in providing trusted insights and analytics to accelerate the pace of innovation. This is the third annual report created by Clarivate,using its patent analysis tools and data including the Derwent World Patents Index,Derwent Patents Citation Index,Derwent Innovation and Derwent Data Analyzer.

Fifteen new companies have joined the list in 2018,12 of which make their first ever appearance in the Chinese Top 100 Innovators list,representing a range of industry sectors from Information Safety to Medical Devices to a range of high tech industries such as Electronic Components,Communications Equipment and Media Internet. Engineering sectors such as General and Special-purpose Machinery,Automotive and Electrical Equipment are again present together with other areas such as Consumer Goods and Healthcare.

The 2018 report created by Clarivate Analytics covers companies located in mainland China only and excludes Hong Kong,Macao and Taiwan and is based on rigorous analysis of four key criteria:

Patent volume – based on a certain volume of inventions in the past five years

Patent-grant success rate – the number of inventions with granted invention patents by the number of basic patents from the most recent five years

Invention influence – how often the organization's invention is subsequently cited by other companies in the patenting of their inventions over the most recent five years

Globalization – the ratio of inventions filed for protection in countries outside China versus the total volume for that period

"Our analysis indicates that although there has been a slight decline in innovation quality,there has been a shift in strategy among some top innovators away from filing indiscriminately and cheaply and towards filing more selectively on their higher value innovation. Companies are filing significantly fewer invention patent and utility model applications and are focusing on patenting only the inventions that are strategically more important to their organization," said Bob Stembridge,Principal Patent Analyst at Clarivate Analytics.

The report also revealed that the number of published patent applications in China has grown by an average of 15.3% CAGR (Compound Annual Growth Rate) for the last five years to reach 1.27 million in 2017. Over the same time period,utility models grew much less at 6.2% CAGR and granted patents rose 15.1% CAGR to just over 420,000. (Source: Derwent Innovation).

Linda Guo,Managing Director of the Greater China region for Clarivate Analytics added,"China's Five-Year Plan (2016-2020),identifies innovation as one of five key goals to drive China's rapid development and growth as the world's second largest economy. It also aims to increase R&D expenditure as a proportion of Gross Domestic Product (GDP) to 2.5% by 2020,with support for innovation by way of tax breaks and other significant incentives to support patent filings by China-based entities. This has resulted in a massive increase in the number of Chinese patents as firms seek to protect and commercialize their innovation in one of the largest and most competitive global markets."

Other key findings in the 2018 report identified:

Technological innovation is becoming more concentrated in China's eastern region,although the balance has shifted from Beijing.

The majority of the Top 100 Chinese innovators are focused on protecting their innovation domestically with 61 having patent portfolios comprising of 90% or more filed in China only.

The average number of patent families within the Top 100 patent portfolios with filings in two or more countries grew by a healthy 12.5% compared to last year,indicating more companies are filing more globally,led this year by Huawei,ZTE,AMEC,Alibaba and BOE Technology.

The overall combined influence metrics of the 2018 Top 100 Chinese innovators (the total of all influence scores) is 4.5% higher this year than 2017.

The average citation ratio of 0.71 citations per citation for China's top innovators is still below that of the Top 100 Global Innovators at 1.13 citations per citation showing China still has room to increase its innovation influence globally.

The report is available for download in both Simplified Chinese and English. Download theEnglish report here and here to download theSimplified Chinese report.

About Derwent™

Derwent powers the innovation lifecycle from idea to commercialization – with trusted patent data,applications and services including Derwent Innovation,Derwent World Patents Index,Derwent Patents Citation Index and Derwent Data Analyzer. We build solutions for inventors,patent attorneys and licensing specialists at start-ups and the largest global innovators,legal professionals at the leading intellectual property practices,and patent examiners at more than 40 patent offices. Our solutions are used to monitor technology trends and competitive landscapes,inform FTO opinions,prosecute patents,monetize and license assets and support litigation activities.

About Clarivate Analytics

Clarivate Analytics is the global leader in providing trusted insights and analytics to accelerate the pace of innovation. Building on a heritage going back more than 150 years,we have built some of the most established global brands across the innovation lifecycle,including Web of Science,Cortellis,Derwent,CompuMark,MarkMonitor and Techstreet. These trusted brands are focused on scientific and academic research,patent analytics and regulatory standards,pharmaceutical and biotech intelligence,trademark protection,domain brand protection and intellectual property (IP) management. Today,Clarivate Analytics is a new and independent company operating in more than 100 countries including the Greater China region,Japan,South Korea,Southeast Asia,Australia and New Zealand in Asia Pacific. For more information,visit clarivate.com.

Media Contacts

Pamela Lim

Clarivate Analytics

Senior External Communications Manager,Asia Pacific

+65 3158 0607 (o)

pamela.lim@clarivate.com

Jessica Stanek

Clarivate Analytics

External Communications Manager

+1 (215) 823-1821 (o)

jessica.stanek@clarivate.com

Clarivate Analytics Top 100 Chinese Innovators 2018

For the purpose of visualizing innovative strength and competitiveness of the Chinese Top 100 Innovators,the companies are categorized into four tiers* with 25 companies within each tier. In this way,we expect to identify and study innovation leaders in various fields,so as to help companies understand their industrial positions and better define their innovation goals.

The 15 organizations highlighted in bold with * are new to the 2018 Top 100 Chinese Innovators list.

Organization

Province/City

Industry

Tier

Previous

Winners

AAC Technologies Holdings Inc

Guangdong

Consumer Electronics

I

2016,2017

Aviation Industry Corporation of China

Beijing

Aerospace

I

2016,2017

Baidu

Beijing

Media Internet

I

2016,2017

BOE

Beijing

Electronic Components

I

2016,2017

BYD

Guangdong

Automotive

I

2016,2017

China Electronics Corporation

Beijing

Electronic Components

I

2016,2017

China National Chemical Corporation

(ChemChina)

Beijing

Petroleum & Chemical

Oroducts

I

2016,2017

Coolpad Group Limited

Guangdong

Consumer Electronics

I

2016,2017

Datang Telecom Technology &

Industry

Beijing

Communications

Equipment

I

2016,2017

Geely

Zhejiang

Automotive

I

2016,2017

Guangzhou Radio Group

Guangdong

Communications

Equipment

I

2016,2017

Haier

Shandong

Domestic Appliances

I

2016,2017

Hisense

Shandong

Domestic Appliances

I

2016,2017

Huawei

Guangdong

Communications

Equipment

I

2016,2017

Legend Holdings

Beijing

Computer Hardware

I

2016,2017

Oppo

Guangdong

Consumer Electronics

I

2017

Qihoo 360 Technology Co.,Ltd

Beijing

Information Safety

I

2016,2017

Skyworth

Guangdong

Consumer Electronics

I

2017

TCL

Guangdong

Domestic Appliances

I

2016,2017

Tencent

Guangdong

Media Internet

I

2016,2017

Tsinghua Tongfang

Beijing

Computer Software

I

2016,2017

Tsinghua Unigroup

Beijing

Computer Software

I

2016,2017

XIAOMI TECHNOLOGY CO.,LTD.

Beijing

Media Internet

I

2016,2017

Zoomlion Heavy Industry Science and

Technology

Hunan

General and Special-

purpose Machinery

I

2016,2017

ZTE

Guangdong

Communications Equipment

I

2016,2017

Alibaba Group Holding Limited

Zhejiang

Media Internet

II

2016,2017

Baowu Steel

Shanghai

Primary Metals

II

2016,2017

Broad-ocean

Guangdong

Electrical Equipment

II

2016,2017

China International Marine Containers

(Group) Co.,Ltd.

Guangdong

Other Transport

Equipment

II

2016,2017

China Mobile

Beijing

Telecom Services

II

2016,2017

China North Industries Group

Corporation

Beijing

General and Special-

purpose Machinery

II

2016,2017

China Resources (Holdings) Co.,Ltd

Beijing

General

II

2016,2017

CITIC Group

Beijing

General

II

2017

Founder

Beijing

Computer Software

II

2016,2017

Goertek Inc.

Shandong

Consumer Electronics

II

2016,2017

HAN's LASER

Guangdong

General and Special-

purpose Machinery

II

2017

Kingfa Sci. & Tech. Co.,Ltd

Guangdong

Non-metallic Materials

II

2016,2017

Kuang-Chi

Guangdong

Consumer Electronics

II

2017

MIDEA

Guangdong

Domestic Appliances

II

2016,2017

Mindray

Guangdong

Medical Devices

II

2017

O-FILM

Guangdong

Electronic Components

II

2016,2017

Sanhua Holding Group Co.,Ltd

Zhejiang

General and Special-

purpose Machinery

II

2017

Semiconductor Manufacturing

International Corporation (SMIC)

Shanghai

Electronic Components

II

2016,2017

Shanghai Electric

Shanghai

Electrical Equipment

II

2016,2017

Shanghai Huali Microelectronics

Corporation

Shanghai

Electronic Components

II

2016,2017

Shengyi Technology

Guangdong

Electronic Components

II

2017

Sichuan Jiuzhou Electric Group

Co.,Ltd. (JEZETEK)

Sichuan

Consumer Electronics

II

2017

Sungrow

Anhui

Electrical Equipment

II

2017

Visionox

Beijing

Consumer Electronics

II

2017

Wuhan Research Institute of Post and

Telecommunications

Hubei

Communications

Equipment

II

2016,2017

AMEC

Shanghai

Electronic Components

III

2017

Beijing Automotive Group Co.,Ltd.

Beijing

Automotive

III

2016,2017

*Beijing Dabei Agricultural Science

and Technology Group Co.,Ltd.

Beijing

Agriculture

III

Beijing Electronics Holdings Co.,Ltd.

Beijing

Electronic Components

III

2017

Beiyang Group

Shandong

General

III

2017

China Electronics Technology Group

Corporation

Beijing

Communications

Equipment

III

2016,2017

China General Nuclear Power Group

Guangdong

Electric Power

Generation & Supply

III

2016,2017

China National Building Materials

Group Corporation

Beijing

Non-metallic Materials

III

2016,2017

China National Nuclear Corporation

Beijing

Electric Power

Generation & Supply

III

2016,2017

China National Offshore Oil

Corporation

Beijing

Petroleum & Chemical

Products

III

2016,2017

CHINT Group Corp.

Zhejiang

Auxiliary Power

Equipment

III

2016,2017

Comba Telecom

Guangdong

Telecom Services

III

2017

CRRC Corporation Limited

Beijing

Other Transport

Equipment

III

2016,2017

Feitian Chengxin Science and

Technology Co. Ltd.

Beijing

Computer Software

III

2017

General Research Institute For

Nonferrous Metals

Beijing

Primary Metals

III

2016,2017

Gree

Guangdong

Domestic Appliances

III

2016,2017

Huahong Group

Shanghai

Electronic Components

III

2016,2017

*KingsoftSoftwareCo.,Ltd

Beijing

Information Safety

III

Konka Group Co.,Ltd

Guangdong

Domestic Appliances

III

2016,2017

Nationz Technologies

Guangdong

Electronic Components

III

2017

Positec

Jiangsu

General and Special-

purpose Machinery

III

2017

Print-Rite Holdings Limited

Guangdong

Consumer Goods

III

2016,2017

SANY

Hunan

General and Special-

purpose Machinery

III

2016,2017

Shougang Group

Beijing

Primary Metals

III

2016,2017

*Tendyron Corporation

Beijing

Information Safety

III

*Beijing Watch Data System Co.,

Ltd.

Beijing

Information Safety

IV

*CHIA TAI TIANQING

PHARMACEUTICAL GROUP CO.,LTD.

Jiangsu

Pharmaceuticals

IV

China Banknote Printing and Minting

Beijing

Printing

IV

2017

China Guodian Corporation

Beijing

Electrical Equipment

IV

2016,2017

China Iron & Steel Research Institute

Group

Beijing

Primary Metals

IV

2017

China National Petroleum Corporation

(CNPC)

Beijing

Petroleum & Chemical

Products

IV

2016,2017

Commercial Aircraft Corporation of

China,Ltd.

Shanghai

Aerospace

IV

2016,2017

*Dongfang Electric Corporation

Sichuan

Electrical Equipment

IV

*Ecovacs

Jiangsu

Domestic Appliances

IV

*Edan Instruments,Inc.

Guangdong

Medical Devices

IV

ENN Group

Hebei

Petroleum & Chemical

Products

IV

2017

*Fosun International Limited

Shanghai

General

IV

*JD.com,Inc.

Beijing

Media Internet

IV

Jiang Su Heng Rui Medicine Co.,Ltd.

Jiangsu

Pharmaceuticals

IV

2017

*OPPLE Lighting Co.,Ltd

Shanghai

Auxiliary Power

Equipment

IV

2016

Shandong Heavy Industry Group

Shandong

General and Special-

purpose Machinery

IV

2016,2017

Shanghai Automotive Industry

Corporation (Group)

Shanghai

Automotive

IV

2016,2017

*Shanghai United Imaging

Healthcare Co.,Ltd.

Shanghai

Medical Devices

IV

Shenhua Group

Beijing

Electric Power

Generation & Supply

IV

2016,2017

*Shenzhen BAK Battery Co.,Ltd.

Guangdong

Consumer Electronics

IV

2016

Sinochem

Beijing

Petroleum & Chemical

Products

IV

2016,2017

Sinopec

Beijing

Petroleum & Chemical

Products

IV

2016,2017

*Sunny Optical Technology

(Group) Co.,Ltd

Zhejiang

Instruments and

Devices

IV

2016

*Wanxiang Group Company

Zhejiang

General and Special-

purpose Machinery

IV

Xuzhou Construction Machinery

Group Co.,Ltd

Jiangsu

General and Special-

purpose Machinery

IV

2016,2017

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