We are pleased to announce that our company has been officially approved by the Suzhou Bureau of Science and Technology to establish the "Suzhou Engineering Technology Research Center." This prestigious designation serves as a testament to our company's outstanding capabilities in technological research and development, engineering application, and continuous innovation.
Approved By: Suzhou Bureau of Science and Technology
Date of Issue: November 6, 2024
The Engineering Technology Research Center is an important research platform established by the Suzhou Municipal Science and Technology Bureau as part of its strategy to drive innovation-driven development and strengthen the technological innovation system of enterprises. The center is primarily oriented toward companies with strong technological innovation capabilities, solid R&D foundations, and leading positions within their industries. Its purpose is to support enterprises in conducting engineering technology research, commercializing outcomes, and cultivating talent.
Earning this recognition signifies that a company has reached a high standard in terms of its technology R&D system, engineering capabilities, and innovation mechanisms.
Our approval to establish the "Suzhou Engineering Technology Research Center" is a significant acknowledgment of our long-term commitment to technology investment and our continuous efforts to improve our R&D system.
Our strengths and breakthroughs in the following areas contributed to this achievement:
R&D Investment: We allocate over 15% of our annual revenue to R&D, supported by a well-established R&D management system and incentive mechanisms.
Technical Team: We are backed by a core technical team with deep expertise and substantial technological know-how.
Innovation Capability: We are committed to tackling key technological challenges and have secured over 30 intellectual property rights (patents/software copyrights). Multiple technological outcomes have already been commercialized.
R&D Facilities: We have built a comprehensive R&D and testing environment, equipped with advanced equipment and platforms, providing solid support for our technical development.
Following this approval, we will advance the construction of the Engineering Technology Research Center in the following directions:
1. Key Technology Breakthroughs
Focusing on computer science, big data, and cloud computing, we will pursue cutting-edge research and tackle common key technological challenges to enhance our capabilities in independent and controllable technologies.
2. Engineering Application and Commercialization
We will accelerate the transformation of R&D outcomes into products and solutions, speeding up technology deployment to deliver greater value to our clients.
3. Industry-Academia-Research Collaboration
We will strengthen partnerships with universities and research institutes, integrate innovation resources, and build an open and collaborative R&D ecosystem.
4. Technical Talent Development
Leveraging the Engineering Technology Research Center platform, we aim to cultivate a new generation of high-caliber engineering professionals and build a first-class R&D team.
First, it is a validation of our technical strength.
The Engineering Technology Research Center is a key benchmark for evaluating a company's technological innovation capabilities. This approval confirms that our efforts in R&D and engineering application have been recognized by the regulatory authorities.
Second, it marks a new starting point for our R&D system.
We will take this opportunity to further refine our R&D management framework, increase investment, and elevate our technological innovation capabilities.
Third, it provides stronger assurance to our clients and partners.
The establishment of the Engineering Technology Research Center will enable us to consistently deliver higher-quality products and services, creating even greater value for our customers.
Being awarded the "Suzhou Engineering Technology Research Center" designation is a significant milestone in our development journey. Going forward, we will:
Advance the construction of the center to the highest standards, ensuring all milestones are met on schedule
Continue to increase R&D investment and focus on achieving breakthroughs in core technologies
Deepen industry-academia-research collaboration and enhance our collaborative innovation capabilities
Drive broader application of R&D outcomes to better serve our customers and the industry
We extend our sincere gratitude to the Suzhou Municipal Science and Technology Bureau for its recognition and support, and to all our clients, partners, and team members for their trust. With this new milestone as our springboard, we will continue to innovate and move forward with purpose and determination.
