Recently, the Yantai Administration for Market Regulation announced the list of 2023 Yantai City High-Quality High-Value Patents, and the patent project submitted by Longgang Pump was awarded a Second-Class High-Quality High-Value Patent.
The Yantai City High-Quality High-Value Patent selection is organized by the Yantai Administration for Market Regulation according to the Yantai City Measures for Supporting the Creation of High-Value Patents and is judged by experts. The goal is to maximize the innovative role of enterprises, encourage invention and creation, incentivize independent innovation, and promote patent quality improvement. It also serves to reserve high-quality projects for national and provincial patent awards, such as the China Patent Award and the Shandong Provincial Patent Award. The project submitted by Yantai Longgang Pump Industry Co., Ltd., named “A multi-stage magnetic pump,” was recognized as a Second-Class High-Quality High-Value Patent and will receive a support fund of 100,000 yuan.
In recent years, the company has continuously increased its R&D investment, and the competitiveness of its products has consistently improved. In particular, the successful completion of projects undertaken by the company, such as the development of the first domestic sets of equipment and domestic substitution projects, has broken foreign technological monopolies and realized the domestic production of key equipment! As of now, the company has been granted 13 authorized invention patents, showcasing its solid innovative foundation and technical strength!