To some extent, if an enterprise can obtain the certification of high-tech enterprise qualification, it can not only get the corresponding welfare treatment, but also choose to be listed on the science and technology innovation board. But for the ant group, even though the ant group used to be a so-called high-tech enterprise, it is not a high-tech enterprise at all because the identification method of the ant group itself is complicated and the various businesses engaged in by the ant group are not high-tech enterprises.
Ant Group itself is not a high-tech enterprise.
This truth is actually very simple. In all businesses, the R&D expenses of Ant Group are not up to standard at all, and it is not a high-tech enterprise. For Ant Group, the R&D investment of Ant Group is less than 1% of the total market value, and few high-tech enterprises have such a low R&D investment. Especially for the so-called blockchain and database technology, this business can be called information technology, but it should not be called high technology.
The previous listing of Ant Group was rejected.
For Ant Group, Ant Group was listed on the Science and Technology Innovation Board as a high-tech enterprise. If it can be listed successfully, the listing behavior of Ant Group will become the largest listed entity in the A-share market. It is for this reason that the above problems of Ant Group were directly rejected. Because the ant group itself is not a high-tech innovation enterprise, the quality of the ant group does not meet the relevant regulations for listing.
Generally speaking, the ant group can't be called a high-tech enterprise in the strict sense, especially when the research and development expenses of the ant group are so low, the ant group actually has no substantive high-tech products and high-tech business, so the so-called high-tech direction is just the shell of the ant group.