Research Institute of Tsinghua University in Shenzhen (RITS)

        Running under a market-oriented mode, Research Institute of Tsinghua University in Shenzhen (RITS) is a bureau-level-institution jointly established by Tsinghua University and Shenzhen Municipal Government in December 1996. The RITS building was completed with construction space of 32,000m², occupying a land area of 16,000 m².
        According to the developmental trends of technology and industry, the requirements of enterprises of Shenzhen and abroad, RITS has invested more than 300 million RMB to establish four R&D centers consisting of  "Center for Optomechatronics & Advanced Manufacturing", "Center for Electronics & Information Technology", "Center for Advanced Materials & Biotechnology" and "Center for New Energy & Environmental Technology". RITS won one Nationals Science & Technology Invention Award (second prize), two Nationals Science & Technology Awards (second prize) and one Guangdong Science & Technology Award (special prize). RITS has also applied for about 200 pieces of patents including 70% invention patents. 
        RITS undertakes a few projects that are sponsored by National 863, National 973, National Important Projects, National Technology Support Program, National Natural Science Foundation and Industry-Academia Collaboration Projects of Guangdong- Ministry of Education. So far, RITS has collaborated and signed about 300 contracts with companies and organized 150 projects to implement the commercialization, such as Digital TV & Multimedia, Force-sensitive Quartz Resonator, Fast Infrared Body Temperature Detectors, High-Performance Secure Router, Power Line Communication chips, Nano Paint, SDH communication chips and so on. The commercial value of technology innovation brought directly over RMB 10 billion. Five out of six key laboratories of RITS involved in the assessment of 2009 Shenzhen Key Laboratories win the honors of  "excellent", making RITS the organization with highest proportion (83.33%) of  "excellent" in Shenzhen.

        There are more than 200 professors, doctors, senior researchers and returnee scholars working in RITS. The post-doctoral workstation founded in 2002 obtains the "Outstanding Post-doctoral Workstation of Guangdong" award. So far the number of post-doctors has added up to 50. RITS established Department of Personnel Training (Leaguer Education) in 1997. Leaguer Education has held more than 80 EMBA, MBA and Senior Business Management Training Courses and trained more than 5,000 senior management talents from companies and governments. International Education Institute of Leaguer Education becomes the official cooperative education organization of Students Service Center (China's unique organization for the accreditation of foreign degrees) of Ministry of Education. 
        RITS explored a development model of "Technology Innovation Incubator" and established perfect "Technology Innovation Incubation System" gradually over the past ten years. By the end of 2008, 480 companies have been incubated by RITS and 178 companies graduated from RITS incubator. Shenzhen Topband Electronics & Technology Co., Ltd. (002139), incubated by RITS, succeeded in IPO in June 2007. Furthermore, a group of innovative and entrepreneurial companies will also go public in the upcoming future.
Shenzhen Leaguer Venture Capital Co., Ltd. (Leaguer VC) is a high-tech venture capital company founded by RITS in August 1999. Leaguer V.C. focuses on the investment of scientific achievement commercialization and cultivates a batch of talents engaged in venture capital. In 2009, Leaguer V.C. was awarded "the Most Competitive Venture Capital Organizations (2009)" in the movement of "the Most Competitive Venture Capital Organizations and Top 100 Entrepreneurial Ventures in China".
        Under the guidance of innovative cogitation, RITS implements enterprise management internally, with effective interaction of incentives and control process. RITS follows market-oriented operation externally and strives to achieve the mutual win among RITS,companies and government in order to make better social and economic benefits.