Shanghai Tanlian Technology Achieves National High-Tech Enterprise Status
Shanghai Tanlian Technology, the company behind VeCarbon, a self-developed carbon management Software-as-a-Service (SaaS) solution, has recently been recognized as a national high-tech enterprise in China. This prestigious designation is awarded to companies that demonstrate innovation, technological advancement, and a commitment to research and development (R&D).
To qualify for this certification, enterprises must meet several strict requirements. The company must have been registered and operational for at least one year. Additionally, it must own core intellectual property rights that support its main products or services, ensuring alignment with the High-Tech Fields Supported by the State. Moreover, at least 10% of the company’s workforce must be engaged in R&D activities, emphasizing a strong focus on innovation.
Companies must allocate a percentage of their total sales revenue to R&D over the past three fiscal years, with the requirement set at 5% for revenue up to CNY 50 million, 4% for revenue between CNY 50 million and CNY 200 million, and 3% for revenue exceeding CNY 200 million. On top of this, at least 60% of these R&D expenses must be incurred within China, reinforcing the company’s contribution to domestic technological advancement.
Receiving national high-tech enterprise recognition offers several strategic advantages. One of the benefits is a reduced corporate income tax rate of 15%, down from the standard 25%, providing substantial financial relief.
Certified companies not only benefit from easier access to government funding and financing opportunities but also enjoy priority access to office and industrial land and accelerated depreciation of fixed assets, all of which create a more favorable environment for scaling operations. Also, this certification enhances a company’s brand reputation, making it more appealing to top-tier talent and strengthening its overall competitiveness in the market.
Shanghai Tanlian’s Commitment to Sustainability
Shanghai Tanlian Technology is deeply invested in developing solutions that help businesses track, manage, and reduce carbon emissions, aligning with global sustainability goals and helping businesses disclose their environmental impact responsibly. The company has leveraged VeChain’s blockchain technology to create a digital carbon management framework that streamlines Forest Stewardship Council (FSC) certification and Climate Pledge Friendly (CPF) badges.
Furthermore, VeChain and Shanghai Tanlian are collaborating on green initiatives within the automotive industry, aiming to establish new standards for environmental sustainability. Another notable development is Bybit’s launch of B3TR token trading on March 27th through its incentivized Launchpool program, as reported by CNF. This initiative helps B3TR gain wider exposure in the cryptocurrency space while providing VeBetterDAO an opportunity to showcase its X-2-Earn decentralized application ecosystem.
Meanwhile, VeChain’s native token (VET) has seen a decline of 18.9% over the past 30 days, currently trading at $0.02242. This marks a 92% drop from its all-time high of $0.0281, reflecting ongoing market fluctuations.
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