Firms to be awarded for stable growth

Writer: Xia Yuanjie  |  Editor: Holly Wang  |  From: Shenzhen Daily  |  Updated: 2021-11-26

A total of 150 Shenzhen-based software and internet enterprises are expected to receive awards from the city government for their stable development last year, winning prizes ranging from 170,000 yuan (US$26,617) to 10 million yuan.

The Shenzhen Municipal Industry and Information Technology Bureau released the annual list Monday.

The industry and information technology bureau organized and carried out the incentive program for encouraging stable growth of enterprises in software and information technology services, internet and related service industries. A company that meets the requirements may be rewarded a cash prize equivalent to 1 percent of its incremental revenue last year, which is capped at 10 million yuan.

A 10-million-yuan financial award is expected to be bestowed to each of the following eight companies, namely Tencent, Ping An International Smart City, Qianhai Yunexpress Logistics, Fenqile Network, Lexin Software, Isoftstone, Ailiao, Donson Times, and Chinasoft International.

The prize money for the other 142 companies varies between 170,000 yuan and 9.11 million yuan. The actual amounts allocated are subject to definitive documents issued.

Relevant entities and people from all walks of life can access the list through the website and the bureau’s official WeChat account to submit comments.

Entities and individuals opposing the results can mail the bureau their objections within seven working days from the publication date. Anonymous objections will not be accepted to ensure an objective, impartial and fair process.