On March 2, 2022, the list of the second batch of 2021 Specialized, Fined, Peculiar and Innovative “Little Giant” Enterprises was announced on the official website of the People’s Government of Beijing Municipality. A total of 751 outstanding enterprises, including PKU Pioneer, were included in the list. The title represents the full recognition of the technical level, R&D ability, innovation capacity, development prospect and comprehensive strength of PKU Pioneer by relevant government units, also of PKU Pioneer’s insistence on independent innovation and our outstanding technical advantages in different segmented fields of the industry.

In recent years, the Ministry of Industry and Information Technology has established a gradient cultivation system of Innovative Small and Medium-Sized Enterprises (SMEs), Specialized, Fined, Peculiar and Innovative SMEs, Specialized, Fined, Peculiar and Innovative “Little Giant” Enterprises, Individual Champion Enterprises, and Industry Leading Enterprises for excellent enterprises. The Little Giant enterprises are the leading ones among the Specialized, Fined, Peculiar and Innovative SMEs. As of the end of 2021, only 1,141 Little Giant enterprises have been selected from the total of 1.66 million small and medium-sized enterprises in Beijing. In terms of the selection ratio, one in a million is not exaggerated, indicating stringent thresholds have been set for enterprise qualifications to a certain extent.

PKU Pioneer has been engaging intensively in the field of VPSA & PSA gas separation for over 20 years. The independently researched and developed PSA CO purification process and the VPSA & PSA oxygen generation technology have been taking high market shares in China. With more than 400 sets of VPSA & PSA industrial units that have been widely applied in fields such as iron & steel, chemical industry, non-ferrous metallurgy, glass & glass fiber manufacturing, paper making, etc., PKU Pioneer now is an elite enterprise focusing on segmented markets with strong innovation capacity, high market share, key and core technologies, and excellent quality and efficiency. PKU Pioneer’s total project revenue in 2021 exceeds ¥1.4 billion (nearly $221 million), of which the business volume of VPSA & PSA oxygen production has surpassed the total turnover of all competitors in China. The competitiveness of our products and technologies in the market is expanding with the increasing accumulation of customers, making PKU Pioneer grow into a "little giant" enterprise in the VPSA and PSA industry.

According to PKU Pioneer, strict requirements on some of the financial indicators have been set for the application, especially the profit growth rate. Meanwhile, an industry-leading position is required- applicants must be among the top 3 in the corresponding segmented areas. In terms of innovation capacity, enterprises must have at least 5 patents and have to meet other basic and special conditions. PKU Pioneer was inducted to the list at one time, relying on the recent rapid growth of our main businesses and the leading position of our dominant products.

The successful selection into the Specialized, Fined, Peculiar and Innovative “Little Giant” Enterprise will help to promote the quality development of PKU Pioneer. It’s conducive to further improving PKU Pioneer’s core competitiveness and influence in the industry and will contribute to PKU Pioneer’s management and development in the long run.