After nearly two months of careful preparation, the launching ceremony and the first award ceremony of the "Dinghu Science and Technology Innovation Fund" were grandly held at the Joy Garden International Hotel on the evening of September 4. Chairman Xia Dinghu of the Group, Vice Chairman Ma Xiaopeng, Chairman Xia Yingsong of Zhongding Co., Ltd., main leaders of each company, sales and technical person in charge, representatives of the winning project teams and others attended the ceremony.
At the ceremony, Yan Jiangwei, Deputy Director of the Management Committee of the "Dinghu Science and Technology Innovation Fund", announced the application situation and selection results of the first batch of winning projects. According to the announcement, there are 21 winning projects in the first batch, with a bonus of 3.72 million yuan issued. In his speech, he reviewed the establishment process of the "Fund" and briefly introduced the application method of the "Fund". He said that Chairman Xia Dinghu, with a broad vision and standing at the height of the enterprise's future development, personally invested 10 million yuan for the first time and maintained an annual fund pool of 10 million yuan to initiate the establishment of the "Dinghu Science and Technology Innovation Fund". The purpose is to encourage innovation, reward collectives and individuals who have made remarkable achievements and great contributions in innovation work of various enterprises with heavy prizes, and constantly stimulate and mobilize employees' innovation enthusiasm to achieve sustainable innovation.
Chairman Xia Dinghu was invited to present awards to the representatives of the winning project teams and delivered an important speech. He said that scientific and technological innovation is an inevitable choice to cope with market competition, and also the key for enterprises to maintain prosperity and sustainable development. This year, the COVID-19 pandemic, China-US confrontation and various "black swan" events have followed one after another, and the market uncertainties are increasing day by day. Faced with the increasingly fierce and cruel market competition, we have no retreat. Only by taking the market as the guide and developing more new products adapted to the new market can we seize the commanding height of future market competition. Only by relying on technological innovation and updating products can we build and maintain our leading advantage in the industry. The original intention of setting up the "Fund" is to make the employees who have made contributions in scientific and technological innovation get more rewards and encourage more employees to devote themselves to scientific and technological innovation. It is hoped that through the joint efforts of everyone, scientific and technological innovation will become a common practice in Zhongding and a driving force for Zhongding's continuous progress. A celebration dinner was held afterwards. At the dinner, Chairman Xia Yingsong of Zhongding Co., Ltd. delivered an impromptu speech. On behalf of all the winning teams, he expressed his gratitude to Chairman Xia Dinghu, hoping that the majority of scientific research and development personnel can deeply understand the profound significance of Chairman Xia Dinghu's investment in the establishment of the "Dinghu Science and Technology Innovation Fund". He said that this award is not only a reward for the project teams that have made outstanding achievements in the field of scientific research and innovation, but also an incentive for the majority of scientific research and development personnel. More importantly, it widely spread the signal of the company's encouragement and support for innovation through this award activity, stimulating the majority of employees to actively participate in development and innovation. He encouraged the majority of scientific research and development personnel who have not yet won awards to strive hard to stand on the award stage of the "Dinghu Science and Technology Innovation Fund".
The "Dinghu Science and Technology Innovation Fund" is managed by the newly established Management Committee of the "Dinghu Science and Technology Innovation Fund" on a special basis. Chairman Xia Dinghu concurrently serves as the Director of the Management Committee, Yan Jiangwei as the Deputy Director, and the person in charge or deputy general manager in charge of each subsidiary as members of the committee. The committee has a special Management Office of the "Dinghu Science and Technology Innovation Fund", which is specifically responsible for the specific work of project collection, application, review, release, acceptance, reward and promotion. To shorten the reward cycle and mobilize the innovation enthusiasm of the majority of scientific research and development personnel, the "Fund" reward can be applied for every month and selected every quarter. The "Fund" operates independently, and its management organization does not intervene in the specific project development of each subsidiary, and the review and reward do not replace or reduce the original project development rewards of each company.