The growth rate of high-input, industrial, research and development combined with three trees' research and development investment has accelerated significantly.

In the past two years,
coatings
industry in the production costs rise, environmental protection and high-pressure policy under the pressure of more and more solid, but the reality has not hindered the
paint enterprises
the pace of progress, there are still many coating enterprises to come up with hundreds of millions of dollars for product technology research and development, to the domestic paint industry leader
three trees
as an example.
Three Trees (603737) advocates the concept of environmental protection development, with "natural, healthy, green" as the core value of the brand, "to do China's leading brand of health paint" as the business objectives, committed to providing consumers with health products, and on June 3, 2016 successfully landed in the capital market. In early April, three trees disclosed the company's research and development expenditure totalling 73.8861 million yuan in its 2016 report, up 75% year-on-year, compared with 42.221 1 million yuan last year, making it one of the companies with the largest investment in product technology in the industry. The company achieved revenue of about RMB1,948 million in 2016, up 28.28 percent year-on-year, with the larger amount of research and development expenditure accounting for 3.79 percent of revenue.in 2016, the three trees further strengthened the new products, new process research and development expenditure, formed a market-oriented, based on independent innovation, industry and research combined research and development model, a total of no less than 15 new products, including resource-saving (such as real stone paint, texture coatings, granite coatings and water-based
fluorocarbon paint
), health and environmental protection (health and products) products and other series of products to meet consumer demand for multi-level consumption. Among them, "health plus" paint products as the focus, widely concerned by the community. Compared with many paint enterprises, 15 new products a year is the majority, this year, the company's sales revenue reached 194,821.04 million yuan, an increase of 28.28%.
, for the development and application of new elastic granule-type silicon propylene coatings, the preparation of modified nano-polymer composite materials and the application of anti-fouling self-cleaning coatings, the development of indoor photocatalytic coatings with formaldehyde removal function, the research on the key technology and application of fluorine-based special polymer resins for anti-fouling self-cleaning, the research and development and industrialization of water-based colorful coatings
building coatings, and other research and development project
s. It is understood that the three trees of the product technology center a total of 6 layers of nearly 3,300 square meters, divided into basic research, coating technology, coating applications and coating testing departments, compared with the general enterprise is also unprecedented.
three trees also with the Chinese Academy of Sciences, Xiamen University, Fuzhou University and other scientific research institutions to establish a long-term and stable cooperative relations, hired the Chinese Academy of Sciences academicians advisory group to carry out technical guidance. Thanks to the product research and development investment and research and development strength of the three trees, in 2016, the sales revenue of the three trees' main products, home paint and engineering wall paint, increased by 28.68 percent and 50.06 percent, respectively, compared with the previous year, and made a new history of sales. According to the 13th Five-Year Plan for Coatings, the three trees indicated that they will continue to develop and develop the green industry chain in 2017, specializing in the production of green coatings, and improving the standards and quality of construction projects.
looking at the product market share and enterprise size of the coating enterprises, we can learn that enterprises not only need financial support, but also need to constantly update products and research and development technology. Three trees continue to invest in research and development, accelerate the transition to integrated service providers to obtain high returns is a good example.