Specialized in Flavor Your Life with Original Intention and Devoted to R&D with High Ingenuity
2020/05/29
Recently, finance.sina.com.cn published an article named “The Rankings of Live Life of Effective Patents for Invention in Food and Beverage: Huabao Flavours & Fragrances Ranks No. 1”. “The distribution of live life of effective patents for invention of a company could reflect the attributes distribution of patent properties of that company, especially, the amount of effective patent for invention maintained for a long term could reflect high-quality patent properties owned by that company”, written in the article.
So, what about the live life of effective patents for invention in food and beverage? The Science and Innovation Attribute Research Center under finance.sina.com.cn could answer your question.
According to Choice, as at January 31, 2020, there are 97 enterprise in the food and beverage industry. According to Sixlens, the sum of the live life of effective patents for invention of the 97 enterprises is 4813 years; therein, 83 enterprises own effective patents for invention, and the remaining 14 enterprises own none. In total, the average live life of effective patents of the 97 enterprises is 49.62 years.
The three enterprises of the longest live life of effective patents for invention are Huabao Flavours & Fragrances, Bright Dairy and Apple Flavor and Fragrance, and their data is 356 years, 256 years, and 237 years respectively. Specifically speaking, in all effective patents for invention of Huabao Flavours & Fragrances (the listed company), the most frequently cited patent is “One Natural Apricot Extract Containing Millard Compound, and the Preparing Method and Application”, with the patent application number of “200910052344” and application date of June 2, 2009; the number of citation and the live life of this patent is 23 times and 12 years respectively.
As of January 31, 2020, the three enterprises of the largest market value are Kweichow Moutai, Wuliangye, and Haitian Food; the live life of effective patents for invention of the three enterprises is 29 years, 96 years and 185 years respectively, ranking the 50th, the 14th and the 6th in the Rankings respectively.
Innovation is the driving force for an enterprise, while technology is the engine. Huabao Flavours & Fragrances has been attaching great importance to the investment in technology research and development. In recent three years, Huabao’s average input in R&D accounts for over 7.63% of its operation revenue, and that in its research personnel comprises over 19% of its operation revenue.
In order to better fulfill the mission of Flavor Your Life with professional techniques, Huabao integrates the interdisciplinary technological resources at home and abroad with an international perspective, has established internationally advanced fragrance analysis and regeneration system, to strive to carry out research in fragrance origin and new techniques, thus has obtained a series of technological achievements in R&D and application of nature, functionality and new fragrances. In the years, the Company has been awarded several honors and prizes, including the “National Enterprise Technology Center”. Huabao owns its Post-doctoral Program, has set up provincial and municipal-level enterprise technology centers, engineering technology centers or enterprise R&D institutions in Shanghai, Yunnan, Guangdong, Fujian, etc., as well as an overseas fragrance R&D center in Holzminden, Germany. As at December 31, 2019, the Company owns 134 patents, including 109 patents for invention and 25 patents for utility models; it owns over 10,000 fragrance formulations that have been marketed. Such patents and formulations effectively improve the Company’s technological level and influence in the industry.
We will create more formulations of flavors and fragrances with innovative thought and exquisite skills, to satisfy the customers' demands and to flavor your life, so as to make contributions the society with higher benefits.
The above-mentioned data is collected as at December 31, 2019, except for that in the article by finance.sina.com.cn.