The company has a good foundation for research and development of new products and new technologies, and has a Shaoxing municipal-level technology development center. At the same time, the company has a group of high-level, highly educated professional and technical personnel, committed to close cooperation between universities and research institutes at home and abroad. The company attaches great importance to scientific and technological progress and has formulated a series of technological innovation systems to effectively mobilize the enthusiasm of scientific research personnel, motivate the creativity of scientific research personnel, and promote the progress of the company's overall scientific and technological level. The company has clear development ideas and long-term planning, and adheres to stable and sustainable development. It has set up departments responsible for technology development strategy and technological innovation planning, technical standards and patent management, professional technical training, foreign scientific and technological cooperation and exchange, scientific and technological information collection and development, and actively engaged in the construction of technological innovation organizations. And continue to increase investment in science and technology, and constantly develop new products, new technologies, new processes, improve product quality and added value. In the past three years, the company's research and development expenses accounted for 4% of the total sales revenue.
The company adheres to the people-oriented principle and attaches importance to the spiritual incentives of scientific and technological personnel on the premise of ensuring material incentives, such as: arranging scientific and technical personnel symposiums from time to time, organizing scientific and technical personnel to go out to study and other activities, providing researchers with a platform for continuing learning and improving The professionalism of scientific and technical personnel. The company also cooperates with multinational companies in the United States, Spain, India and other countries to develop new products.