Commendation conference of “Shanghai high-tech achievement transformation projects 2014” was held in Pudong Library, Shanghai on November 20, 2015. The medical sodium hyaluronate gel project of Haohai Biological Technology and the medical chitosan project of Shanghai Qisheng Biologicals, a wholly-owned subsidiary of company, were awarded “Shanghai high-tech achievement transformation  projects top 100 2014”reviewed by Shanghai Technology Innovation Center.

According to information, Shanghai high-tech achievement transformation projects are mainly to further encourage enterprise innovation, drive to accelerate scientific and technological achievements transformation, promote development of high-tech industry, assist construction of Shanghai Technology Innovation Center, give publicity to models of scientific and technological achievements transformation and show the driving effect of science and technology innovation policies.

Annual Report of Shanghai High-Tech Achievement Transformation 2014 (hereinafter referred to as Report) was also released in the conference. According to the Report, with guidance of science and technology innovation policies, high-tech achievement transformation projects have been a great power for driving Shanghai high-tech industrialization and supporting industrial upgrading and structural adjustment. Total sales volume of “top 100” projects 2014 was RMB16.688 billion accounting for 17.23% of total sales volume of high-tech achievement transformation projects of the year. However, amount of “top 100” projects only accounts for 3.59% of effective statistical projects. Average sales volume of each project is up to RMB167 million which is almost four times of average sales volume of projects. Realized profit is RMB4.541 billion and average rate of profit is 31.27%.