The company has been officially recognized as a high-tech enterprise in Shanghai, which is an authoritative recognition of the company's technological innovation capability and core competitiveness. It is also an important milestone for the company's years of deep cultivation and continuous breakthroughs in the field of rotational molding.
The recognition of high-tech enterprises in Shanghai is jointly guided by the Ministry of Science and Technology, the Ministry of Finance, and the State Administration of Taxation, and is a highly valuable national level qualification certification. The recognition is rigorously evaluated from the dimensions of independent intellectual property rights, proportion of R&D investment, ability to transform scientific and technological achievements, R&D organizational management level, and growth indicators, with an extremely low pass rate. Being successfully selected signifies that the company has reached a leading domestic level in areas such as rotational molding process innovation, material research and development applications, and intelligent manufacturing upgrades, possessing sustained technological innovation vitality and strong development momentum.
As a high-tech enterprise, we will enjoy the policy dividends of tax reduction, scientific research support, and talent introduction provided by the country, which provides a solid guarantee for the company to further increase research and development investment and deepen industry university research cooperation. We will continue to focus on the core technology of rotational molding, promote the transformation of more independent intellectual property achievements, and drive product upgrades and process innovations through innovation.
This honor is not only a recognition of past achievements, but also a driving force for future development. We will take this as a new starting point, continue to increase our technological innovation efforts, provide customers with high-quality rotational molding solutions with more technical content, and help the industry develop towards intelligent and green direction with high quality.