Recently, the website of high-tech enterprise management accreditation officially released the “List of the first batch of high-tech enterprises to be accredited in Shandong Province in 2020”. Yantai Dongfang Wisdom Electric Co., Ltd. and its subsidiary Yantai Dongfang Wisdom Power Equipment Co., Ltd. were listed among them, becoming the first batch of high-tech enterprises approved by Shandong Province in 2020.

WISDOM has been recognized as a national high-tech enterprise for four consecutive times since it was first recognized in 2008. Its subsidiary electric Power Equipment Company was established in 2018. It applied for the first time this year and successfully passed the recognition. The company has always regarded “innovation-driven” as the first element of WISDOM development. The proportion of R&D investment in sales revenue has always been above 6%. It has 7 innovation platforms above the provincial level, including National Enterprise Technology Center, Shandong Energy Metering and Energy Saving Engineering Technology Research Center, Shandong Intelligent High Voltage Metering Instrument Engineering Laboratory, and Shandong Postdoctoral Innovation Practice Base. It has acquired nearly 200 intellectual property rights such as patents and software Copyrights.
Being recognized as a national high-tech enterprise not only enhances WISDOM
The brand image, for foreign business to increase a “golden sign”, but also can enjoy tax relief, various preferential policies, effectively improve the comprehensive competitiveness of enterprises. WISDOM will take this opportunity to continue to strengthen research and development and innovation, strengthen the transformation of scientific and technological achievements, further improve product market competitiveness, and strive to achieve leapfrog development of the company, but also to make a contribution to the scientific and technological progress in the field of energy metering and management and environmental protection and energy saving.