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Xin Dafang Proudly Awarded the Title of “Henan Provincial Innovation Demonstration Enterprise” in 2013
Xindafang News: Recently, the Provincial Department of Industry and Information Technology and the Provincial Department of Finance jointly announced the list of Henan Province’s Innovation Demonstration Enterprises for 2013, and Xindafang Heavy Industry Technology Co., Ltd. was among them.
According to reports, provincially recognized demonstration enterprises for innovation must meet several stringent criteria, including maintaining a certain scale of production and operations, possessing a provincial-level or higher enterprise R&D center that has been officially accredited, and allocating at least 3% of their annual sales revenue to R&D. Xindafang has always regarded innovation as the soul of the enterprise and adopted the guiding principle of “driving development through innovation and driving innovation through development.” Leveraging its robust R&D capabilities, the company has achieved one breakthrough after another in the field of heavy-duty specialized construction technologies and equipment, positioning itself as a leader in specialized construction equipment and setting an outstanding example of technological innovation among private enterprises in China. The company has established an academician workstation and a postdoctoral research station, and has been recognized as a “National-Level Enterprise Technology Center.” To sustain its momentum and vitality for continuous innovation, the company allocates no less than 5% of its annual sales revenue to R&D, ensuring the ongoing advancement of technological innovation. As a result, while consolidating its foothold in traditional markets, the company has also made new breakthroughs in emerging fields such as coal mining, port and terminal operations, civil aviation and aerospace, offshore oil exploration, desert and shallow-water rescue, and fire protection for high-rise urban buildings.
Provincial innovation demonstration enterprises are jointly selected and recognized by the Provincial Department of Industry and Information Technology and the Provincial Department of Finance once a year, serving as an important reference for assessing the overall strength of enterprises across the province and even the level of industrial development in prefecture-level cities. The purpose is to enable these enterprises to play a demonstrative, leading, and driving role, providing support and guarantees for the city’s industrial structure adjustment and transformation and upgrading.
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