Recently, the company was given the 2021 Tongxiang Standard Innovation Contribution Award at the 71st executive meeting of the 16th Tongxiang Municipal Government.
Since its establishment, we have always improved scientific and technological innovation and management innovation to promote steady and rapid development of the enterprise. All above base on our strong R&D team, a number of advanced scientific research institutions and open scientific research platforms, such as Postdoctoral Research Center, Enterprise Technology Center, Key Enterprise Institute for Lithium Battery New Energy Materials of Zhejiang Huayou Cobalt, etc. Now, enjoying 115 patents, the Group's strong R&D strength makes the foundation of the industrialization of Huayou's scientific and technological achievements, and leads Huayou's industrial development.
The Technology Development Center is equipped with the world advanced R&D and testing equipment, and masters domestic first-class independent core technologies in the fields of cobalt-copper hydrometallurgy process, cobalt chemicals, cobalt lithium battery materials and environmental protection, which all provide strong technical support for Huayou. The company also leaded and participated in the formulation of dozens of international and industry standards, making great contributions to the development of the industry. In 2019, the project "Applications and Key Technologies of Green Manufacturing on New Cobalt-based Lithium Battery Materials" was awarded the first prize of Zhejiang Science and Technology Progress Award, and "Method for Preparing Cobalt Oxide, Nickel Oxide and Copper Oxide" was awarded the China Patent Excellence Award. With the "330 Scientific Research Plan" released at the first science and technology conference of Huayou Cobalt, the company developed a new chapter of "strategy-oriented, innovation-driven, high-tech based high-quality development of the company".
We also keep on speeding up product R&D. We believe the goal of "finishing the ten-year task in five years" shall be supported by technological breakthrough and product leadership. Hence, it's necessary for us to cultivate fast and efficient product development capabilities. We take the customer-centered product R&D priority as the requirement of R&D system, and try to realize full major customers coverage of R&D system. In order to achieve significant results early, we will further implement 330 scientific research plan; the goal of R&D of high-voltage cobalt products and high-nickel precursors is to increase the production and sales as soon as possible, and accelerate to lead the high-end products field. (Excerpted from Chairman Chen Xuehua's speech at 2021 mid-year work meeting of the Group)