Zong Peimin: Innovation of business model to gem Company

Business model innovation is often subversive, is the most powerful innovation, but also the weakest link of Chinese enterprise innovation. As of January 31, gem listed companies have reached 50, compared with the motherboard and SME, these enterprises reflect an important feature is innovation. Most investors are familiar with the general statement is "two high six new", that is, high growth, high-tech, New economy, new services, new energy, new materials, agriculture, new models.　　In fact, comprehensive analysis, gem listed enterprises are mainly three types of innovative enterprises: technological innovation, business model innovation and industrial innovation enterprises. The first category belongs to the technological innovation enterprise. Although some companies in the industry belong to the manufacturing sector, but through technological innovation to create a number of High-tech products, upgrading the overall level of China's manufacturing industry. such as Le Pu Medical, Ann Biology, Hanwei Electronics, Ding Han technology, robot, billion lithium energy, they in life science, intelligence, automation, new energy and other fields, catching up with the international advanced technology has made great achievements, to become a model of technological innovation in Chinese enterprises. At present, there are about 50% of the gem companies in the manufacturing sector of the technology innovation enterprises, which is still in the Chinese economy with manufacturing as the main body of the overall characteristics coincide. From the stage of China's economic development, technological innovation is still the most need for social advocacy and support of the direction. Only a large number of and effective technological innovation, can completely change China's industrial technology relatively backward face, the manufacturing power to promote the manufacturing power.　　Therefore, they will still be the main body of the gem Enterprise for some time in the future. The second category belongs to industry innovation enterprises, especially the emerging modern service enterprises. Such enterprises are engaged in the industry is not in the past, or is not the formation of industrialization. Through the demonstration of these enterprises, the emergence of a new industry, catering to the direction of China's economic development. In particular, the requirements of the post-industrial era, to become a representative of the new economy, such as Shanghai Jia Bao, Dayu water-saving, Jiffeng agricultural machinery, Huayi Brothers, super Map software, flush and so on. About 25% of the gem companies currently listed are in this category, in line with the Chinese economy entering a period of apparent structural adjustment. The urgency of China's economic innovation is far beyond the technical level, and the creation of new industries, especially modern services, is of particular strategic importance for restructuring and employment.　　Therefore, the future of various types of emerging services industry will become a more important part of the gem. The third category belongs to the business model Innovation enterprise, by innovating a new business model or subverting a traditional model, creating new requirements or changing the rules of the game of an industry, and improving the efficiency of the industry. such as China too Yue, Lith Chen, ai er, xinning Logistics, Pathfinder, Meteno and so on, such enterprises accounted for about 10% of the listed companies, the former two categories, compared to the relatively low ratio. Model innovation is often subversive, is the most powerful innovation, but also the weakest link of Chinese enterprise innovation. Model innovation is often the result of system innovation, with the concept of system innovation to guide the business management of the various partiesSurface。　　Local innovation is only a small improvement, but the innovation effect once systematized, can make the enterprise operation vigor and efficiency obtain the great promotion, such as Pathfinder, Meteno can make extraordinary achievements in an ordinary industry. Although the current market has been listed gem enterprise overall innovation characteristics have been embodied, but with innovative shock power of the enterprise is not much, can be born as soon as Baidu, Tencent, Suning, Alibaba such enterprises? This requires the innovation of enterprises is not only the technology, more is the model, is the system innovation. We look forward to more models of innovative enterprise birth. (author Zong Peimin Zhejiang Huarui Investment Management Co., Ltd. chairman, Zhejiang Merchants National Council of the founding of the Professional Committee chairman)