1. Talents
(1) 45 R&D staff among the current total 380 employees: more than half of these R&D staff have at least bachelor’s degree, 1 of whom is awarded special allowance by State Council of China.
(2) We have established long-term strategic partnership with institutions such as Huazhong University of Science and Technology and Wuhan University of Technology.

2. Basic Device
(1) Office computers with 30 sets of design computers.
(2) 1281 sets of detection and production equipment.
(3) National project laboratory at Wuhan University of Technology. The laboratory is equipped a whole set of fiber optic sensor system.

3. R&D Expenditure
We attach great importance to R&D with our annual R&D expenditure accounting for at least 2% of our sales revenue.

4. Technical Conditions
(1) We have proprietary intellectual property rights, including 23 patents, among which, 3 are invention patents.
(2) Light, mechanical, electrical and hydraulic technology.
(3) Frequency conversion technology.
(4) Internet and remote wireless control technology.
(5) Constant temperature technology.

5. Capital and Plant

(1) Registered capital: more than RMB68 million.
(2) Area of modern plant: 38,000m2.
(3) The second industry plant: 117,600m2 with total investment of RMB300 million.

6. Prize for Mining Loader
(1) 2 prizes for National Prominent New Product
(2) 3 prizes for Provincial Outstanding New Technology Product
(3) 1 prize for Provincial Scientific and Technological Advancement Award
(4) 1 prize for Provincial Creative Team
(5) 1 prize for City Engineering Technology Center
(6) 1 prize for Provincial Technology Center