Longjing Machinery got the Certificate of High and New Technology Enterprise in 2020.

Science is an important internal driving force for development. High-tech enterprises refer to the continuous research and development and the transformation of technological achievements in the "High-tech Fields Supported by the State" to form the core independent intellectual property rights of the enterprise, and carry out business activities based on this , Resident enterprises registered in China (excluding Hong Kong, Macau, and Taiwan) for more than one year. It is a knowledge-intensive and technology-intensive economic entity.

Certificate description:

High and New Technology Enterprise refer to the development of new fields through science and technology or scientific inventions, or innovative operations in the original fields. On the basis of defining the scope of high-tech industries, the concept of high-tech enterprises can be defined from the “Administrative Measures for the Recognition of High-tech Enterprises” revised and issued by the state in 2016. Therefore, in my country, high-tech enterprises generally refer to the continuous research and development and the transformation of technological achievements within the scope of the "High-tech Fields Supported by the State" promulgated by the state, forming the core independent intellectual property rights of the enterprise, and operating on this basis Resident enterprises that are active are knowledge-intensive and technology-intensive economic entities.