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With its strong independent innovation capacity and leading R&D in the industry, Yuchai Machinery Co., Ltd. passed the strict evaluation of Chinese high-tech enterprise certification and became one of the state-level high-tech enterprises recently. Yuchai Heavy Industry, another subsidiary of Yuchai Group also received the certification.
The process for certification of Chinese high-tech enterprise includes application, preliminary evaluation, Q&A, approval and notification to the public. The criteria included the independent intellectual property rights of core technologies, the proportion of highly educated technical personnel, revenue of high-tech products and corporate R&D expenditure proportion over the past 3 years. The certification is subject to re-evaluation in 3 years.
The success of the application will be great benefits to Yuchai, one of the leaders of Yuchai said. Being the leader of the green industry, Yuchai has successfully launched the first home made State IV and State V engines with independent intellectual property rights. It added pride to the national brands when it became the sole domestic engine supplier to win the majority of orders for State IV engines for the 2008 Beijing Olympic Games. Yuchai has obtained 449 patents over the past 3 years. It has been listed into the 3rd Batch of National Experimental Units of Corporate Independent Intellectual Property Rights. Its Engineering Research Institute was titled the National Model Unit of the Patent System. Its dynamic professional technical team has 63 senior specialists, 18 PhDs and more than 100 technicians with master's degree, as well as state-level corporate technology centers and advanced laboratories.
Yuchais strength made it passed the evaluation for certification of Chinese high-tech enterprise. The certification will not only promote the influence of Yuchai brand and benefit the independent innovation capability, but also will stimulate the upgrade of industry.
Author: Zhu Xiaojie Source
