Guangzhou, Guangdong Nov 13, 2025  – In a significant accomplishment for China’s smart retail industry, Chuanbo Information Technology Co., Ltd. (Chuanbo Technology) has successfully renewed its National High-Tech Enterprise (HNTE) certification for the 2023-2026 period, marking its third consecutive term. This re-certification, granted under China’s stringent national framework overseen by the Ministry of Science and Technology, Ministry of Finance, and State Administration of Taxation, highlights Chuanbo’s ongoing leadership in intelligent vending innovation amidst a rapidly expanding unmanned retail market, which is projected to exceed RMB 600 billion domestically by the end of the year.

China’s HNTE program, updated in 2016 and further reinforced in recent years, acknowledges businesses that excel in core independent intellectual property, R&D investment (typically 3-6% of revenue), a high proportion of high-tech revenue (over 60%), and a significant ratio of technology personnel (at least 10%). Certified firms benefit from a preferential 15% corporate income tax rate, as opposed to the standard 25%, alongside R&D super-deduction (up to 200% for manufacturing), priority access to funding, and streamlined export processes. Within the vending sector, where AI, IoT, and automation are key growth drivers, HNTE status signifies credibility, attracting investors and collaborators while simultaneously reducing operational costs—a critical advantage as the global smart vending market is anticipated to reach US$26.7 billion in 2025, with the Asia-Pacific region, led by China, accounting for a 59.4% share.

The program’s influence on the vending industry is substantial. China’s market, valued at over RMB 289 billion in 2024, is rapidly advancing towards RMB 600+ billion in 2025, propelled by urbanization, widespread cashless payments (99% penetration in urban centers), and post-pandemic demand for contactless services. Entertainment vending, such as automated cotton candy machines, is experiencing 30% year-over-year growth, with high-tech companies dominating through patents and subsidies. HNTE renewal enables more intensive R&D, as evidenced by the thousands of companies that qualified in Guangdong’s 2023 lists, boosting exports by 35%. For operators, partnering with HNTE-certified vendors ensures reliable, innovative solutions that comply with NEA hygiene and FDA standards.

By 2030, China’s vending market could reach RMB 800 billion, with HNTE firms like those situated in Guangzhou’s Panyu hub leading the development of AI-integrated machines. This certification not only validates innovation but also accelerates scalability in an industry where operational downtime can result in thousands of dollars in daily losses.

Chuanbo Information Technology Co., Ltd., which has been established in Guangzhou’s Panyu District since 2015, exemplifies HNTE excellence with its third renewal, confirming over 20 years of expertise in automated retail. Operating from a 10,000-square-meter smart factory capable of producing 70 units daily, Chuanbo has deployed more than 15,000 cotton candy vending machines across 85 countries, supported by over 100 patents, ISO9001, CE, SGS, RoHS certifications, and AAA credit ratings.

Core advantages stem from its vertically integrated operations: a research and development team of over 25 engineers drives significant advancements, including 380-hole aerospace nozzles, 20-liter tanks (capable of producing 450 candies), automatic 200°C sterilization, and industrial PLC for stable performance resistant to humidity. A complimentary lifetime mobile application allows remote control of over 500 units, while over-the-air (OTA) pattern updates (30 monthly) and cloud-based dashboards reduce maintenance efforts by 80%.

Flagship products include the CB-525 Pink Bear (measuring 1,350x700x2,100mm, featuring a 21.5″ touchscreen, over 45 patterns, and multi-language support for more than 100 languages) and the CB-730 Train (2,000mm wide, equipped with dual robotic arms, and a 55″ advertising screen). Both models are compatible with PayNow/GrabPay, offer LED and music customization, and have an IP54 rating for semi-outdoor use.

Applications thrive in family-oriented locations: shopping centers in Singapore (VivoCity/Jewel Changi) report daily earnings of S$1,200-1,800 through zero-labor operations; European plazas and USA parks leverage user interfaces tailored for tourists; and sites in Dubai and Thailand utilize Arabic/Thai language options for peak demand periods.

Key projects include a 200-unit pipeline for Sentosa, over 300 deployments at Thailand’s 7-11 stores, and 50 Pink Bear units at Dubai Mall. Operators commend the 99.8% uptime, 24-hour parts availability from regional distribution centers, and the benefit of 70% grants in Singapore.

As a three-term HNTE certificate holder, Chuanbo benefits from R&D grants and a preferential 15% tax rate, fueling expansions such as continuous factory production streams and equipment retrofit programs.

Discover Chuanbo’s HNTE-backed innovations at its official website.