Huayuan accredited as Guangxi's high-tech enterprise

Recently, the Science & Technology Department of Guangxi Zhuang Autonomous Region, Finance Department of Guangxi Zhuang Autonomous Region, Guangxi Zhuang Autonomous Region Office, SAT and Local Taxation Bureau of Guangxi Zhuang Autonomous Region jointly issued a document, accrediting 29 enterprises including Yuchai Huayuan Machinery (Yulin) Co., Ltd. as Guangxi's first group of "high-tech enterprises" in 2011.  

In sci-tech achievement transformation and R & D management, Huayuan has persisted in "independent innovation orientation" and "industrial policy orientation" and kept improving its capacity for independent technical innovation. In R & D, Huayuan undertook 46 autonomous region, municipal and corporate independent R & D projects from 2008 to 2010, thus overcoming technical difficulties of China's machinery oil, diesel oil and air filters in such aspects as material choice and product structure design, and solving major environmental problems of China's engines up to National III standards or above. Huayuan invested a total of 18.78 million yuan in R & D from 2008 to 2010; in 2010, high-tech products contributed revenues of 211.04 million yuan, accounting for 85% of the company's sales revenues in the year.   

During sci-tech achievement transformation, projects undertaken by Huayuan, including "Application of Aviation Fluid Filtration and Particle Separation Technology in Automotive Engine Filters" and "Technological R & D of Automotive Engine Filters", won awards such as the "third prize of Guangxi for progress in science and technology in 2011", the "second prize of Yulin for progress in science and technology" and the "Golden Bridge Award of China Technology Market Association", and the corporate test center was accredited as a corporate technical center of Guangxi Zhuang Autonomous Region and Yulin. 

(Huang Liangru)