Fujian's tax bureau used VAT invoice data to gauge the first half. Provincial high-tech industry billing grew 21.3% year on year, with high-tech manufacturing up 31.1% and patent-intensive industry up 21.4%. AI-adjacent tracks moved faster: AI industry billing rose 20.6%, the 'new three' sector 40.9%, industrial robots 26.5% and the low-altitude economy 16.6%, accelerating from the first quarter. Companies tell the same story. Fuxin Electronics, which makes high-voltage power device wafers, billed 1.19 billion yuan, up 75%. Lifu Optoelectronics expanded its rodent-resistant fiber optic cable lines and billed 46.1 million yuan, more than tripling. Lithium battery materials maker Yongtai New Materials billed 880 million yuan, up 130%. Jianyang Jinshi Fluorine, which supplies electronic-grade hydrofluoric acid to chipmakers, billed 811 million yuan, up over 187%. Wafer testing firm Fengyuan Technology saw orders surge and billing rise 130.94%, while storage maker Feimaotui won over 7.5GWh of bids and grew billing 136.1%.
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Invoice Data: Fujian's AI Industry Billing Up 20.6% in First Half
Fujian's provincial tax bureau used VAT invoice data to review the first half of 2026. High-tech industry billing rose 21.3% year on year, high-tech manufacturing 31.1% and patent-intensive industry 21.4%. AI industry billing grew 20.6%, the 'new three' exports sector 40.9%, industrial robots 26.5% and the low-altitude economy 16.6%, all accelerating from the first quarter. Individual firms also expanded fast: Fuxin Electronics billed 1.19 billion yuan, up 75%; Lifu Optoelectronics 46.1 million yuan, up 205%; Yongtai New Materials 880 million yuan, up 130%; and Jianyang Jinshi Fluorine 811 million yuan, up more than 187%.
2026-10-19