On December 7th, the national high-tech enterprise recognition institution announced the public notice list of the first batch of high-tech enterprises in Shandong Province for the year 2024 for record-filing purposes. Shandong Dongyu Hongxiang Decoration Materials Co., Ltd. and Shandong Dongyu Hongxiang Cabinet Materials Co., Ltd. have successfully passed the re-evaluation and recognition as high-tech enterprises.

This recognition is based on relevant regulations such as the "Administrative Measures for the Recognition of High-tech Enterprises" and the "Guidelines for the Administrative Work of the Recognition of High-tech Enterprises". After various levels of examination and review by experts, the Office of the National Leading Group for the Administrative Work of the Recognition of High-tech Enterprises announced the list of enterprises that have passed the high-tech re-evaluation. The re-evaluation of high-tech enterprises aims to examine the core indicators of enterprises, such as independent intellectual property rights, the ability to transform scientific and technological achievements, the level of organization and management of research and development, and financial growth. The successful passing of the high-tech re-evaluation this time will promote the company's independent innovation and research and development process, standardize the project research and development process and cost collection, enrich the enterprise's potential for innovative development, and enhance the company's technical innovation and the ability to transform scientific and technological achievements.

In the next step, Dongyu Hongxiang will continue to increase investment in scientific research, cultivate a high-quality talent team, strengthen independent innovation, provide strong technical support for the sustainable, healthy and rapid development of the enterprise, and further enhance the enterprise's core competitiveness.