Recently, the Ministry of Science and Technology, State-owned Assets Supervision and Administration Commission of the State Council and the All-China Federation of Trade Unions jointly issued the list of the third batch of innovative companies, among which 13 companies are listed in Shandong Province. Weichai Power is well-known as the first national innovative company in Weifang City.
Innovative enterprises refer to companies that have independent intellectual property rights and well-known brands, have strong international competitiveness, and rely on technological innovation to gain market competitive advantages and sustainable development capabilities. Since 2009, Weichai Power has been identified as an innovative pilot company by the Ministry of Science and Technology, earnestly implementing pilot projects for innovative companies, taking the initiative to play a demonstration role, and constantly accelerating product and technology upgrades, focusing on improving sustainable innovation capabilities and enhancing market competitiveness. It has accumulated valuable experience to drive more companies to take the path of innovation and development.
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