How do R&D patents affect company statements?

1. Increase market share: The company will protect the independently developed technology in the form of patents, which will not only crowd out competitors and prevent them from imitating, copying or copying, but also help to increase the relevant market share of products.

2. Get more cooperation opportunities: For some high-quality and large-quantity patent enterprises, they can not only prove their strong scientific research ability, but also leave a good impression of trust, reliability and safety to customers, thus gaining more cooperation opportunities.

3. Obtaining economic benefits: Enterprises can directly realize patents through patent operation, such as obtaining cash flow through patent transfer, authorization, litigation and mortgage financing. On the other hand, enterprises can make profits through government-funded projects, such as the identification of high-tech enterprises and the implementation of enterprise standards.