These measures are formulated to thoroughly implement the spirit of General Secretary Xi Jinping’s important directives on promoting high-quality development in the manufacturing sector, fully carry out the work arrangements of the Provincial Party Committee and Provincial Government regarding the high-quality development of a manufacturing powerhouse, foster a group of large-scale, innovative, and industry-leading manufacturing enterprises, and effectively advance the high-quality development of the manufacturing sector in Jiangmen City.

I. Eligibility Criteria

Manufacturing enterprises legally established within the administrative region of Jiangmen City, with main business revenue of 2 billion yuan (inclusive) or more and total profits of 100 million yuan (inclusive) or more in the previous fiscal year, shall be recognized as large-scale backbone enterprises. Enterprises serving as “chain leaders” within key industrial chains of Guangdong Province’s strategic industrial clusters located in the administrative region of Jiangmen City may be directly recognized as large-scale backbone enterprises.

II. Support Measures

(1) Business Contribution Incentives. Large backbone enterprises that maintain positive growth in both main business revenue and total profit settled within the city for two consecutive years shall be granted incentives according to the following standards:

1. If total profit grows by 20% or more annually, a reward of 2 million yuan shall be granted;

2. If total profit grows by 10% or more each year, a reward of 1 million yuan will be granted;

3. If total profit grows by 5% or more each year, a reward of 500,000 yuan shall be granted.

[Responsible Units: Municipal Bureau of Industry and Information Technology; Governments of all counties (cities, districts)]

(2) Talent Incentives. For senior executives and key talent at large backbone enterprises whose annual wages and salary income paid within Jiangmen City exceeds 300,000 yuan, a one-time reward of up to 4% of the wages and salary income declared to the tax authorities of the respective counties (cities, districts) for that year shall be granted, with a maximum annual reward of 1 million yuan per person. No more than 10 senior executives or key talent from the same legal entity may receive this reward in a given year.Specific implementation shall follow the "Several Measures of Jiangmen City to Further Incentivize Enterprise Executives and Key Talents" (Jiangfu [2023] No. 4). [Responsible Units: Municipal Human Resources and Social Security Bureau, Municipal Taxation Bureau, Municipal Bureau of Industry and Information Technology, and governments of all counties (cities, districts)]

(3) Incentives for Compulsory Education Enrollment. To address the enrollment needs of children of senior executives and key personnel at large backbone enterprises during the compulsory education stage, the education department shall coordinate and arrange priority enrollment for two high-quality public school seats per enterprise annually. Additionally, for every 10 million yuan increase in the enterprise’s total profit from the previous year beyond 100 million yuan, one additional high-quality public school seat shall be allocated, with a maximum of 10 high-quality seats.This incentive measure may be combined with other enrollment preferential policies in our city. [Responsible Units: Municipal Education Bureau, Municipal Bureau of Industry and Information Technology, and governments of all counties (cities, districts)]

(4) Quality Innovation Incentives.Support for large key enterprises to participate in national, provincial, and municipal quality award evaluations will be provided. Enterprises that win the National Quality Award, National Quality Award Nomination, Provincial Quality Award, Provincial Quality Award Nomination, or Municipal Quality Award will be granted quality work funding of 2 million yuan, 1 million yuan, 1 million yuan, 500,000 yuan, and 500,000 yuan, respectively. Specific implementation shall follow the “Jiangmen Municipal Government Quality Award Evaluation and Management Measures” (Jiangfu [2022] No. 7).Enterprises recognized as National Industrial Design Centers will receive a one-time reward of 2 million yuan. [Responsible Units: Municipal Market Regulation Bureau, Municipal Bureau of Industry and Information Technology, and governments of all counties (cities, districts)]

(5) Capital Market Utilization Incentives. Large key enterprises in our city that are listed on the stock market and conduct refinancing with funds invested in Jiangmen shall be eligible for incentives, with an annual cap of no more than 3 million yuan.For individual shareholders of large key enterprises listed on the A-share market in our city who hold shares issued prior to the company’s initial public offering (IPO) and reduce their holdings through securities trading, negotiated transfers, or other methods permitted by laws and regulations via securities institutions in our city, a reward of a certain amount shall be granted to such individual shareholders based on the net proceeds from the reduction. [Responsible Units: Municipal Government Office, governments of all counties (cities, districts)]

(6) Project Referral Incentives. Support for large key enterprises to serve as investment promotion partners for our city and attract upstream and downstream enterprises in the industrial chain to invest in our city:

1. For newly introduced projects with a committed fixed-asset investment of 2 billion yuan or more, a reward of 0.02% of the project’s actual fixed-asset investment shall be granted, with a maximum cumulative reward of 1 million yuan per project;

2. For newly introduced projects with a committed fixed-asset investment of 5 billion yuan or more, a reward of 0.03% of the project’s actual fixed-asset investment shall be granted, with a maximum cumulative reward of 3 million yuan per project.

Specific implementation shall follow the “Interim Measures for the Reward of Investment Promotion Partners in Jiangmen City” (Jiang Shang Wu Zi Fu [2023] No. 14). [Responsible Units: Municipal Investment Promotion Bureau, governments of all counties (cities, districts)]

(7) Incentives for Resource and Factor Support. To promote the industrial clustering of large backbone enterprises, priority will be given to including the construction land needs of large backbone enterprises and their upstream and downstream enterprises in the annual land supply plan. For strategic emerging manufacturing projects in industries prioritized by the province and the city that make intensive use of land, the minimum land transfer price may be set at no less than 70% of the benchmark land price for industrial land in the corresponding location.Prioritize and precisely meet the electricity needs of large backbone enterprises. For new non-“high-energy-consumption, high-emission” projects where energy consumption per unit of industrial added value is lower than the city’s “14th Five-Year Plan” control standard, fully guarantee their energy supply needs and strongly support the environmental protection capacity required for the development of large backbone enterprises. [Responsible Units: Municipal Development and Reform Bureau, Municipal Natural Resources Bureau, Municipal Ecology and Environment Bureau, Municipal Industry and Information Technology Bureau, Municipal Investment Promotion Bureau, and governments of all counties (cities, districts)]

(8) Support through Industrial Guidance Funds. Establish the Jiangmen High-Quality Development Industrial Fund to make equity investments in projects that align with the city’s leading industrial development plans and strategic emerging industries, based on the needs of large key enterprises. Establish the Jiangmen Industrial Transfer Fund to fully enhance the efficiency of fund utilization and leverage the guiding and catalytic role of fiscal funds. [Responsible Units: Municipal State-owned Assets Supervision and Administration Commission, Municipal Finance Bureau, Municipal Bureau of Industry and Information Technology, Municipal Urban Development Investment Group, and governments of all counties (cities, districts)]

(9) Direct Service Channel. Establish a Chief Service Officer mechanism, designating dedicated personnel to provide “one-on-one” coordination and resolution of enterprises’ difficulties and issues, actively assist enterprises in applying for financial support, and support large backbone enterprises in receiving operational contribution rewards and quality innovation rewards through a “no-application-required” service model. [Responsible Units: Municipal Bureau of Industry and Information Technology, Municipal Finance Bureau, Municipal Market Regulation Bureau, and governments of all counties (cities, districts)]

III. Supplementary Provisions

(1) Where fiscal subsidies provided to large key enterprises and their talent under this policy overlap or intersect with other municipal fiscal subsidy policies, the “higher amount” and “no duplication” principles shall apply.

(2) A dynamic adjustment database for large key enterprises shall be established, and the qualifications of large key enterprises shall be reviewed annually.

(3) The funds required for the new fiscal support policies under these measures shall be jointly borne by the municipal government and Pengjiang District, Jianghai District, and Xinhui District in accordance with the fiscal management system; Taishan City, Kaiping City, Heshan City, and Enping City may implement these policies by reference. After the aforementioned four counties (cities) have disbursed subsidy funds to implement the policies, they may apply to the municipal government for a 20% subsidy.

(4) These policy measures shall take effect on May 28, 2024, and remain valid until December 31, 2026.