Shi Si Yao has been recognized as a leading technology enterprise in Hebei Province.
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Time:2020-09-25
On September 23, the Hebei Provincial Department of Science and Technology released the first list of leading science and technology enterprises in Hebei Province, with 34 companies—including Shijiazhuang Sihua Pharmaceutical Co., Ltd.—making the cut.
It is reported that the selection of leading technology enterprises in Hebei Province aims to identify a group of backbone high-tech enterprises that demonstrate strong innovation capabilities, significant leadership roles, high R&D standards, and promising growth potential. To qualify for the selection, enterprises must have achieved main business revenues of 500 million yuan (inclusive) or more in the previous year and must have shown steady growth over the past three years. These enterprises should rank among the top nationwide in terms of market share within their specific industry segments, exert a notable ripple effect and drive innovation throughout the industrial chain, and have become leading enterprises that spearhead the development of regional specialty industries. Additionally, their research and development expenditures must account for at least 3% of their main business revenues during the same period, they must possess core independent intellectual property rights, and they must demonstrate continuous capacity for creating intellectual property and commercializing research results, placing them at the forefront of R&D capabilities within their respective industries.
According to relevant regulations of our province, recognized leading technology enterprises will receive priority support for initiatives such as the Provincial Major Achievement Transformation Program, the Key R&D Program, and the Construction of Innovation Platforms. Specifically, major achievement transformation projects and key R&D projects undertaken by these leading technology enterprises will be eligible for financial support from the provincial science and technology funds.
Shi Si Pharmaceutical attaches great importance to independent R&D and technological innovation within the company. In recent years, with innovation-driven development as its core focus, the company has continuously accelerated the establishment of a technology innovation system that is enterprise-led, market-oriented, and integrates industry, academia, and research. Relying on high-level innovation platforms such as the National Enterprise Technology Center, the National-Local Joint Engineering Laboratory for Quality Control of Chemical Injection Preparations, the National Postdoctoral Research Workstation, and the Academician Workstation, Shi Si Pharmaceutical’s researchers have actively engaged in the forefront of innovation, focusing on building the company’s core competitiveness and continuously generating groundbreaking innovative results. Each year, Shi Si Pharmaceutical undertakes more than 120 ongoing research projects, many of which involve novel formulations—such as microspheres, microcrystals, and liposome-based drugs—that offer long-acting and targeted delivery. Among the projects currently under development, several are first-in-class new drug candidates. The technology for controlling insoluble particles in large-volume infusions has won the First Prize for Scientific and Technological Progress in Hebei Province, placing Shi Si Pharmaceutical at the forefront of the industry nationwide in terms of quality and technical research on large-volume infusions. The company has either led or participated in the formulation of 46 pharmaceutical standards, as well as standards for drugs and pharmaceutical packaging materials, playing a demonstrative role in the industry. To date, Shi Si Pharmaceutical has filed a total of 141 national patent applications and obtained 49 authorized invention patents, providing strong support for the company’s high-quality development.
The head of Shijiazhuang Siyao stated that the company’s recognition as a provincial leading enterprise in science and technology is an affirmation of its years of deep engagement in the pharmaceutical market and its commitment to R&D and innovation. The company will continue to work hard, grow stronger and bigger, further increase its R&D investment, intensify efforts to tackle key core technologies and foster innovation, continuously enhance its core competitiveness, and strive to make new contributions to Hebei’s high-quality economic development.

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