Recently, the Department of Science and Technology of Shandong Province released the 'List of the Second Batch of Technology-based Small and Medium-sized Enterprises to be Added to the Database in Shandong Province in 2024'. Yutong New Energy and Hyint Power, subsidiaries of Chunguang Technology Group, rely on their expertise in electronic devices and smart power supplies. With its scientific and technological innovation capabilities in the field, it was successfully awarded the title of 'Technological Small and Medium-sized Enterprises'.
Technology-based small and medium-sized enterprises have a high level of specialization, strong innovation capabilities and development potential, and are the basic strength of high-quality small and medium-sized enterprises. Being rated as a 'Technology Small and Medium Enterprise' this time is another honor won by Yutong New Energy and Hyint Power in terms of technological innovation. It is a reflection of their R&D strength, innovation ability, technical strength, professional level and development prospects. The affirmation and recognition mark that the two companies have entered a rising stage of sustainable development in terms of technological innovation.
Yutong New Energy and Hyint Power are important cornerstones for the group company to base itself on the field of soft ferrite materials and continuously extend its chain to the downstream magnetic components and power supply fields. In recent years, the group has organized and mobilized young employees to actively carry out scientific and technological innovation, technological innovation and other related work, forming a full industrial chain of magnetic materials and applications including basic raw materials, key components and power supply applications. Relying on the company's advantages in magnetic material research and development and industrialization, it provides support for the upgrading of downstream components and electronic equipment to meet the needs of optimization and upgrading of traditional industries and cultivation and development of emerging industries, especially to match the high frequency and low power consumption of third-generation semiconductors. Requirements: Carry out forward-looking research and development work on upstream new materials, new processes, and new products by studying new developments, new needs, and new directions in application technology.
In the next step, the group will give full play to its resource advantages and technology application advantages, call on more young employees to participate in key areas and technical departments, adhere to the route of technological innovation and scientific and technological (technical) talent training, and focus on patent research and development and scientific research project development. As a center, we continue to increase investment in research and development, continuously expand the team of scientific and technological (technical) talents, and further enhance innovation capabilities and the ability to transform scientific and technological achievements.