Recently, the National Intellectual Property Administration issued a document confirming the 2016 National Intellectual Property Demonstration Enterprises and Advantage Enterprises. Xuzhou XCMG Foundation Engineering Machinery Co., Ltd. was granted the title of “National Intellectual Property Advantage Enterprise”. This is an affirmation of the company's intellectual property work and marks that the company's intellectual property work has reached a new level.
The National Intellectual Property Advantage Enterprise program is intended to further carry out the cultivation of National Intellectual Property Advantage Enterprises and National Intellectual Property Demonstration Enterprises, accelerate the formation of a group of leading Chinese intellectual property enterprises that own independent intellectual property rights and well-known brands and possess international competitive advantages, cultivate a group of strong Chinese intellectual property enterprises with international competitive advantages, and provide strong support for building an intellectual property powerhouse, implementing the innovation-driven development strategy, and achieving economic transformation and upgrading, quality improvement, and efficiency enhancement.
In recent years, XCMG Foundation has continuously increased investment in science and technology and intellectual property. Each year, it allocates 3%-4% of sales revenue for the development of new technologies and intellectual property protection, ensuring the smooth implementation of all work related to the intellectual property strategy. Since the company was honored as an outstanding enterprise in Jiangsu Province's intellectual property standardization demonstration in 2012, the company's intellectual property work has progressed vigorously. In 2013, it undertook a Jiangsu Province intellectual property strategy advancement project, and in the same year the company won the Gold Award of the 8th Jiangsu Province Patent Award. The following year, it also won the Excellence Award of the 6th China Design Patent Award, among others. In 2016, it successfully passed the internal and external audits of the intellectual property system, enabling intellectual property to run through the entire R&D, production, and management process. The company has continuously promoted the increase in quantity and improvement in quality of intellectual property creation, continued to build a high-quality intellectual property talent team, formulated comprehensive and effective risk control measures, and effectively enhanced the company's core competitiveness.
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