上海技术交易所

投资观察

重磅！证监会发布科创属性评价指标体系，三关等你来挑战！

时间： 2020-06-05 　

<section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">3月20日晚间，科创板重大消息传来！</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">证监会发布科创板科创属性评价指标体系，并发布《科创属性评价指引（试行）》</strong></span>（下称《指引》）。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">《指引》进一步明确了科创属性企业的内涵和外延，提出了科创属性具体的评价指标体系。科创属性评价指标体系采用“常规指标+例外条款”的结构，包括3项常规指标和5项例外条款。</p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">企业如同时满足3项常规指标，即可认为具有科创属性；如不同时满足3项常规指标，但是满足5项例外条款的任意1项，也可认为具有科创属性。</strong></span></p></section><p><br/></p><section><section><section><section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><br/></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">第一关 </strong><strong style="font-size: 10.5pt; margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">研发投入</strong></p></section></section></section></section></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">先来看看第一项常规指标——<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">最近三年研发投入占营业收入比例5%以上，或最近三年研发投入金额累计在6000万元以上。</strong></span></p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">因不少企业未披露2019年年报，所以，IPO日报在这里计算近三年为2016年至2018年。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">截至3月20日，Wind显示，A股共有上市公司3805家，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">其中最近三年研发投入占营业收入比例5%以上的公司有990家</strong></span>，即只有<strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">26.02%</span></strong>的企业满足这一条件。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">不过，上市公司不要慌，这个门槛还有选择项。如果比例没有达到5%，但金额大于6000万元也可以。如果把这个条件也考虑进去的话，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">A股有2641家企业满足这一门槛</strong></span>，比例为<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">69.41%</strong></span>，即接近七成A股上市公司满足这一门槛。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">这一条件套用在<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">科创板已经上市的92家企业</strong></span>中，有81家企业满足条件，比例高达88.04%。不过，有11家企业并不能满足这一门槛，它们分别是：</p></section><section><section><section><section><section><table width="624" style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; max-width: 100%; border-left: 1px solid rgb(102, 102, 102); border-top: 1px solid rgb(102, 102, 102); border-collapse: collapse; overflow-wrap: break-word !important; width: 500px;"><tbody style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;" class="firstRow"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">华特气体</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">建龙微纳</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">江苏北人</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">长阳科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">联瑞新材</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">神工股份</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">万德斯</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">清溢光电</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">美迪西</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">洁特生物</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">天奈科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><br/></p><section>_</section></section></section></td></tr></tbody></table></section></section></section></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">对此，有些公司表达了研发投入较低的原因。<br/></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">比如，华特气体在申报稿中表示，公司由经营普通工业气体零售业务起步发展，主要依靠自身的经营积累投入研发。因特种气体的国产化及商业化过程中需要经过较长时间的客户认证，且公司融资能力弱，在认证期间公司仍需依靠经营普通气体业务保证公司经营发展，所以公司的收入结构包含了特种气体、普通气体和设备工程类业务。如仅按研发收入占核心技术产品收入的口径测算，研发费用占比为 4.64%、5.01%、5.13%。</p></section><section><p><br/></p><p style="text-align: center"><img src="/UserFiles/Image/0/ss_1587971705980.jpg" alt="5-1.jpg"/></p></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; text-align: center; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127);">（科创板已上市企业摘要，数据来源：Wind）</span></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><br/></p></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">截至2020年3月20日，东方财富显示，共有<strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">72家企业正常排队等候科创板上会</span></strong>，其中有<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">67家企业</strong><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(62, 62, 62);">满足</span></span>这一门槛，比例为93.06%。</p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">不过，仍有5家排队企业满足不了这一门槛，它们分别是<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">莱伯泰科、慧辰资讯、海德曼、路德环境、迪威尔</span>。需要指出的是，证监会要求软件行业研发占比应在 10%以上。所以软件行业企业更需要注重研发。</p></section><section><p style="text-align: center"><img src="/UserFiles/Image/0/ss_1587971733200.jpg" alt="5-2.jpg"/></p></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; text-align: center; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127);">（科创板等候上会企业摘要，数据来源：Wind）</span></p></section></section><section><section><section><section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><br/></strong></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">第二关 </strong><strong style="font-size: 10.5pt; margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">发明专利</strong></p></section></section></section></section></section></section><section><section><section><section><section><section><table width="624" style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; max-width: 100%; border-left: 1px solid rgb(102, 102, 102); border-top: 1px solid rgb(102, 102, 102); border-collapse: collapse; overflow-wrap: break-word !important; width: 500px;"><tbody style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;" class="firstRow"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">新致软件</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">赛赫智能</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">先惠技术</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">傲基科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">精英数智</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">燕麦科技</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">复洁环保</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">慧辰资讯</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">莱伯泰科</p></section></section></td></tr></tbody></table></section></section></section></section></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">第二项常规指标则是——<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">形成主营业务收入的发明专利在5项以上</strong></span>。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">IPO日报以最新公告进行初步统计，已上市的92家科创板企业中，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">神工股份</span>只有2项发明专利，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">卓易信息</span>有4项发明专利，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">有方科技</span>也是4项发明专利。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">神工股份</span>在招股书中表示，截至本招股说明书签署日，公司拥有24项专利，其中2项为发明专利，22项为实用新型专利，出于技术秘密保护的考虑，公司核心技术并未全部申请发明专利，公司发明数量低于同行业水平。公司仅对论证后适用于申请专利的技术通过申请专利等方式加以保护，经过论证不适于申请专利的核心技术，公司将其纳入公司技术秘密保护范围。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">另外，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">宝兰德</span>在公告中表示，截至本招股说明书签署日，公司拥有18项核心技术、10项发明专利正在申请、65项软件著作权。拥有的核心技术均属于自主研发。需要注意的是，这10项发明专利还处于申请阶段。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">因此，<strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">92家已上市的科创板企业中，有88家符合第二项门槛，比例为95.65%。</span></strong></p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">将这一标准套用到72家等待上会的企业中，IPO日报初步统计发现，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">有9家企业的发明专利不足5个</strong></span>。它们分别是：</p></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">不过，部分企业“专利储量”很多，比如<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">精英数智</span>于申报稿中表示，公司已申请发明专利77项、实用新型专利4项，其中1项发明专利已取得授予发明专利通知书。<br/></p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">又比如，<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">复洁环保</span>于申报稿中表示，公司目前拥有3项发明专利，另外14个发明专利正在申请。</p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);">赛赫智能</span>则是于2019年6月向图见信息购买5项发明专利，其中1项利已完成专利权属变更手续，其余专利权属变更的相关手续正在办理之中。</p></section><section><p><br/></p><p style="text-align: center"><img src="/UserFiles/Image/0/ss_1587971757812.jpg" alt="5-3.jpg"/></p></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; text-align: center; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127);">（9家待上会企业的发明专利不足5个，数据来源：IPO日报整理）</span></p></section></section><section><section><section><section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><br/></strong></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">第三关 </strong><strong style="font-size: 10.5pt; margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">营业收入</strong></p></section></section></section></section></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">常规指标的最后一项为——<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">最近三年营业收入复合增长率达到20%，或最近一年营业收入金额达到3亿元。</strong></span></p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">另外，证监会还规定，采用第（五）款规定——<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">未盈利上市的上市标准申报企业可不适用指标中关于“营业收入”的规定。</strong></span></p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">Wind显示，已上市的92家科创板企业中有70家企业最近三年营业收入复合增长率达到20%，剩余22家企业中有16家企业最近一年营业收入达到3亿元。另百奥泰为未盈利的生物科技公司。</p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">这就意味着，92家已上市的企业中只<span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; color: rgb(16, 64, 110);"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">有5家没有达到这个门槛</strong></span>，它们分别是：</p></section></section><section><section><section><section><table width="624" style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; max-width: 100%; border-left: 1px solid rgb(102, 102, 102); border-top: 1px solid rgb(102, 102, 102); border-collapse: collapse; overflow-wrap: break-word !important; width: 500px;"><tbody style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;" class="firstRow"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">申联生物</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">安集科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">芯源微</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">新光光电</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">佰仁医疗</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><section>_</section></section></section></td></tr></tbody></table></section></section></section></section><section><p><br/></p><p style="text-align: center"><img src="/UserFiles/Image/0/ss_1587971798175.png" alt="5-4.png"/></p></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; text-align: center; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127); font-size: 10.5pt;">（5家已上市科创板企业的营业收入，数据来源：Wind）</span><br/></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127);"><br/></span></p></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">将这门槛套用到72家等待上会的企业中，有63家企业符合这一要求。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">所以神州细胞、君实生物、前沿生物“幸运”过关。</p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">但仍有6家不符合，它们分别是：</p></section><section><section><section><section><table width="624" style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; max-width: 100%; border-left: 1px solid rgb(102, 102, 102); border-top: 1px solid rgb(102, 102, 102); border-collapse: collapse; overflow-wrap: break-word !important; width: 500px;"><tbody style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;" class="firstRow"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">艾迪药业</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">燕麦科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">盟升电子</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">天罡股份</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">云涌科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">键凯科技</p></section></section></td></tr></tbody></table></section></section></section></section><section><p><br/></p><p style="text-align: center"><img src="/UserFiles/Image/0/ss_1587971828615.jpg" alt="5-5.jpg"/></p></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; text-align: center; white-space: normal; overflow-wrap: break-word !important;"><span style="color: rgb(127, 127, 127);">（6家等待上会企业的营业收入摘要，数据来源：Wind）</span></p></section></section><section><section><section><section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><br/></strong></p><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><strong style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">最后 </strong><strong style="font-size: 10.5pt; margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;">5项“例外条款”</strong></p></section></section></section></section></section></section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">IPO日报统计72家等待上会的企业中，同时满足3项常规指标有55家企业，比例为76.39%，即可认为具有科创属性。</p><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">不过仍有17家企业不能同时满足，它们分别是：</p></section><section><section><section><section><table width="624" style="margin-top: 0px; margin-right: 0px; margin-left: 0px; padding: 0px; max-width: 100%; border-left: 1px solid rgb(102, 102, 102); border-top: 1px solid rgb(102, 102, 102); border-collapse: collapse; overflow-wrap: break-word !important; width: 500px;"><tbody style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;" class="firstRow"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">艾迪药业</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">傲基科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">迪威尔</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">复洁环保</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">海德曼</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">慧辰资讯</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">键凯科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">精英数智</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">莱伯泰科</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">路德环境</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">盟升电子</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 2px 1px 1px 2px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">赛赫智能</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">天罡股份</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">先惠技术</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">新致软件</p></section></section></td></tr><tr style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important;"><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">燕麦科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;">云涌科技</p></section></section></td><td colspan="1" rowspan="1" width="33.0000%" style="margin: 0px; word-break: break-all; border-width: 0px 1px 1px 0px; border-style: none solid solid none; border-color: rgb(255, 255, 255) rgb(102, 102, 102) rgb(102, 102, 102) rgb(255, 255, 255); max-width: 100%; box-sizing: border-box; border-radius: 0px; background-color: rgba(182, 212, 229, 0.1); padding: 5px; border-collapse: collapse; overflow-wrap: break-word !important;"><section><section><p style="max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; overflow-wrap: break-word !important;"><br/></p><section>_</section></section></section></td></tr></tbody></table></section></section></section></section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;">其中，慧辰资讯、莱伯泰科、燕麦科技有两项未满足。</p></section><section><section><br/></section></section><section><section><section><section></section></section><section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">值得一提的是，如果不能同时满足3项常规指标，也还有“补救办法”。</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px; color: rgb(16, 64, 110);">满足这5项例外条款的任意1项</span><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">，也可认为具有科创属性。</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">这5项分别是：</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">（1）发行人拥有的核心技术经国家主管部门认定具有国际领先、引领作用或者对于国家战略具有重大意义；</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">（2）发行人作为主要参与单位或者发行人的核心技术人员作为主要参与人员，获得国家科技进步奖、国家自然科学奖、国家技术发明奖，并将相关技术运用于公司主营业务；</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">（3）发行人独立或者牵头承担与主营业务和核心技术相关的“国家重大科技专项”项目；</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 15px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">（4）发行人依靠核心技术形成的主要产品（服务），属于国家鼓励、支持和推动的关键设备、关键产品、关键零部件、关键材料等，并实现了进口替代；</span></p></section></section><section><section><p style="margin-top: 0px; margin-bottom: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; clear: both; min-height: 1em; white-space: normal; overflow-wrap: break-word !important;"><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">（5）形成核心技术和主营业务</span><span style="margin: 0px; padding: 0px; max-width: 100%; box-sizing: border-box; overflow-wrap: break-word !important; letter-spacing: 1.8px;">收入的发明专利（含国防专利）合计50项以上。</span><br/></p></section></section></section><section><section></section></section></section></section><section><section><br/></section></section><p><br/></p><p><br/></p>