VECHAIN-NEWS: Partner Shanghai Tanlian achieved the status “national company” in China
- The high-tech status of Shanghai Tanlian strengthens the role of Vecarbon in blockchain-based CO2 management.
- Certification grants tax reliefs and funding and strengthens Vechain’s sustainability initiatives.
Shanghai Tanlian Technology, the developer behind Vecarbon, was officially recognized as a national high-tech company in China. This recognition underlines the company’s commitment to technological innovation, research and development.
Certification offers considerable advantages, including tax incentives and easier access to government funding, and strengthens the ability of Shanghai Tanlian to advance sustainability initiatives. With its focus on solutions for carbon management using the VECHIIN blockchain, the company continues to focus on more environmentally friendly business practices.
Shanghai Tanlian easily fulfilled the strict criteria for certification
The award as a national high-tech company is only awarded to companies that meet strict requirements. According to industry circles, Shanghai Tanlian qualified after it demonstrated his commitment to Innovation and F&E.
One of the most important conditions is that the company has been registering and must be in operation for at least one year. In addition, it must have the most important rights to intellectual property that are relevant for its products and services and match the state-funded high-tech areas.
Another decisive factor is the company’s investments in research and development. In order to qualify for the funding, a company must spend a certain percentage of its total sales for research activities over a period of three tax years.
Companies with sales of up to 50 million CNY have to spend at least 5% for research and development, while companies with sales between 50 and 200 million CNY have to spend at least 4%. For companies with sales of more than 200 million CNY, the threshold is 3%. In addition, at least 60% of these expenses must be made within China to ensure technological progress in Germany.
Strategic advantages strengthen Vecarbon’s market position
Industry analysts emphasize that this certification Shanghai Tanlian gives important strategic advantages. One of the most remarkable advantages is the reduction in corporate tax from 25 % to 15 %, which means significant financial relief.
Certified companies also receive easier access to government funding, financing options and are preferably taken into account in the allocation of industrial areas. In addition, these companies benefit from an accelerated depreciation of fixed assets, which further improves their financial situation.
As CNF reported, the recognition of Shanghai Tanlian strengthens the role of Vecarbon in applications for carbon management. The company uses the VECHAIN-Blockchain to develop a digital framework that simplifies compliance with environmental certifications such as FSC (Forest Stewardship Council) and CPF- (Climate Plessge Friendly). This technology helps companies to pursue, manage and report CO2 emissions more efficiently, and to orientate themselves to global sustainability goals.
In addition to CO2 management, Shanghai Tanlian and Vechain work together on sustainability initiatives in the automotive sector. Your efforts apply to the creation of new environmental standards for the industry, and you want to strengthen your commitment to green innovations.
In this context, the Bybit crypto tour has announced that it will start trading with B3TR tokens as part of your launch pool on March 27. According to sources, this initiative will increase the presence of B3TR on the cryptom market and at the same time support the growing decentralized X-2-ear application system from Vebetterdao.
Since Shanghai Tanlian continues to drive innovations in the field of sustainability, recognition as a high-tech company is an important milestone for its growth and influence.
At the time of printing, VECHAIN is traded at $ 0.02316 and has an increase of 2.37 %.
No Comments