Recently, it has been announced that Zhongding Jinggong, Cooper Company, Schmidt Company, and Wiegand (Anhui) Company have been officially recognized as High-Tech Enterprises of Anhui Province for the year 2018. With this development, all primary operating companies under Zhongding Co., Ltd., with the exception of the newly established Pusas Company which has not yet filed its application, have now been accredited as provincial-level High-Tech Enterprises.
The criteria for High-Tech Enterprise recognition encompass core intellectual property rights, the transformation of scientific research achievements, R&D organization and management, and growth indicators, among other factors. Over the years, our group companies have steadfastly pursued a development strategy centered on science and technology as the driving force for future growth. They have continuously enhanced their talent pool, implemented a research and development policy characterized by "no blame for failure, no ceiling on funding, and rewards for success," and achieved a substantial number of innovative outcomes. These achievements have been promptly translated into the core competitiveness of the enterprises, thereby effectively facilitating their sustained expansion and strengthening.