In case of major safety, major quality accidents or serious environmental violations, the qualification of high-tech enterprises will be cancelled. For example, the Office of the Leading Group for Identification and Management of High-tech Enterprises in Inner Mongolia confirmed on June 6, 219 that Xiwuzhumuqin Yinman Mining Co., Ltd. decided to cancel its qualification of high-tech enterprises from 219 due to major safety accidents.
those who commit serious environmental violations will be disqualified as high-tech enterprises. For example, from June to November 218, Huihong (Nantong) Safety Products Co., Ltd. in Jiangsu Province, Haiyan Ha Tehui Machinery Hardware Products Co., Ltd. in Zhejiang Province and Lin 'an Hualong Friction Material Co., Ltd. were disqualified as high-tech enterprises due to serious environmental violations and environmental administrative penalties.
The qualification of high-tech enterprises will be cancelled due to fraudulent acts in the certification materials of high-tech enterprises. For example, Sichuan Gaoqijian [219] No.5 announcement. In October 219, Changlun Gas Co., Ltd. of Hejiang County, Sichuan Province was disqualified from high-tech enterprises because of fraudulent acts in the application materials of high-tech enterprises in 217.
those who are no longer engaged in R&D due to the change of their main business or the change of their main business will be disqualified as high-tech enterprises. For example, E-Certifying Office [219] No.4 announcement shows that the enterprise names and business scope of Hubei Tuoyuan Zhiyuan Technology Co., Ltd. and Wuhan Chutianyun Technology Co., Ltd. have changed, and their own conditions no longer meet the requirements of high-tech enterprises, so they have been disqualified as high-tech enterprises.
If the R&D expenses do not meet the requirements, the qualification of high-tech enterprises will be cancelled. For example, Sichuan Yazhuo Education Technology Co., Ltd. was cancelled in January 218, because the R&D expenses were greater than the management expenses, the financial explanation materials provided failed to explain the reasons, and the financial experts refused to recognize it, which did not meet the requirements for the identification of high-tech enterprises. After investigation by the Shanghai High-tech Enterprise Accreditation Steering Group, Jiayin Credit Information Service Co., Ltd.' s R&D investment in 217 did not meet the standards of the Administrative Measures for the Accreditation of High-tech Enterprises, and its qualification as a high-tech enterprise was cancelled from 217.
those who fail to fill in the high-tech annual report for two years will be disqualified from high-tech enterprises. For example, in February 219, Hubei Certification Office [219] No.4 announced that 49 high-tech enterprises were disqualified. Among them, 47 companies were cancelled because they failed to fill in the annual development report for two years.
other undisclosed information may lead to the cancellation of high-tech qualification. For example, the data filled in quarterly reports and annual reports do not meet the requirements of the high-tech enterprise system; Financial management is not standardized, and there are tax evasion behaviors. Those who evade taxes will be disqualified from high-tech enterprises. For example, according to the contents of the document "Announcement on Cancellation of High-tech Enterprise Qualifications of Bach Technology Co., Ltd. and other three enterprises", Yunnan Province has cancelled the high-tech qualifications of three enterprises due to failure to submit annual reports in violation of Article 19 (3); Yongda Tower Co., Ltd., Zhejiang Zhuji Donggang Hydraulic Machinery Co., Ltd., Handan Baocheng Network Technology Co., Ltd., Shanghai Jiayin Credit Information Service Co., Ltd., Fujian Ailou Network Technology Group Co., Ltd. and many other companies.
Other reasons that may lead to the cancellation of high-tech qualification without disclosure include: 1) The data filled in quarterly reports and annual reports do not meet the requirements of high-tech enterprise system; 2) The quarterly report, annual report or application materials are inconsistent with the tax return data; 3) The special account management of R&D expenses has not been established, or the special account management is not up to standard; 4) The patent conditions do not meet or the degree of correlation is low; 5) Irregular financial management, tax evasion, etc.
ii. penalties after canceling the qualification of high-tech enterprises. if the relevant departments find that the recognized high-tech enterprises do not meet the accreditation conditions in the daily management process, they should submit them to the accreditation body for review. If it is confirmed after review that it does not meet the accreditation conditions, the accreditation body shall cancel its qualification as a high-tech enterprise, and notify the tax authorities to recover the tax preferential treatment it has enjoyed since the year when it does not meet the accreditation conditions, and the competent department of science and technology shall recover the allocated bonus funds. Enterprises with high qualification cancelled may not apply for high qualification again in that year. Public companies and listed companies need to announce the reasons for removing high qualifications.