R & D investment
Jiangsu Zhongshan New Materials Co., Ltd. spends 3.5-5% of its sales revenue on research and development every year; in 2014, the company's R & D expenditure reached 66.15 million yuan; in 2013, R & D expenditure reached 49.1 million yuan; in 2012, R & D expenditure reached 41.85 million yuan.
Continuous high-intensity R & D investment has become one of the driving forces for the rapid and steady growth of Jiangsu Zhong's operating performance.