Tsinghua Holdings Co Ltd is committed to the integration development of academia, industry, and research that is supported by Tsinghua University's scientific research capabilities and the group company's research and development strength. Tsinghua Holdings has built a complete research and development system featuring independent and continuous innovation, products with independent intellectual property rights, and enterprises with innovation capabilities and self-owned core technologies. By the end of March in 2018, Tsinghua Holdings' subsidiaries launched seven research institutes with Tsinghua University, seven national key research institutes, and four research institutes of the Ministry of Education. By the end of 2017, they had commercialized 56 national key scientific achievements and made 62 major technological breakthroughts. The company has promoted the commercialization of three national major special projects and had applied for more than 18,000 patents at home and abroad. Furthermore, in 2016, they put 6.95 percent of revenue into R&D, ranking seventh among China's top 500 enterprises.