The Wendeng vigorously implement the strategy of "Science and Technology City, Jiangsu, and guide enterprises to accelerate the pace of independent innovation, improve the research system, speed up industrial restructuring and product upgrades, to promote the Wendeng sustained and rapid economic development. In recent years, Wendeng to of Technology Singshih "focus on the industrial enterprises, has introduced a number of preferential policies to develop diversified technology financing, to encourage enterprises through technological innovation, accelerate industrial upgrading, patented technology and research and development, the use of the patented product, put into operation, driven by the growth of enterprise efficiency, the city used to support research funding last year alone amounted to 42.5 million yuan.
In this year's innovation activities, Wendeng focus on the implementation of technological innovation projects and innovation projects for SMEs to create a research strategic alliances and industrial technology innovation and strategic alliances, and depth of talent training, tap the business potential "patent by patent with corporate profits. " After the the Hengda motor Harbin Pacific Group reorganization, the listed company of Pacific Electric R & D organization and management model grafting traditional crafts, traditional management, has developed a 44 specification has the advantages of high efficiency, low vibration, low noise, high efficiency motor volume production in March, expected annual production capacity of 60,000 units, becoming the company's new economic growth point.
Strengthen the development of new projects, new technology application and promotion, vigorously promote technological innovation to improve the overall technological level of traditional industries, Wendeng continued to see substantial growth in industrial output. Last year, Wendeng patent applications 952, 452 authorized "brand crankshaft was identified as Chinese Famous Brand, a new four brand names and famous trademarks of Shandong Province, to become the national scientific and technological progress demonstration city and the first in Shandong Province IP demonstrations City.
Power Tools Group Co., Ltd. to the project construction as the carrier, through the extension of the market, strong technical innovation, accelerate the pace of expansion upgrade. In recent days, Beijing rule construction project contracting Company assume Stanley Wendeng tool projects construction workers overtime for shop interior decoration, and strive to equipment installation and commissioning in late May. Stanley (wendeng) tool total investment of $ 110 million power tools and the world's largest tool manufacturing and marketing enterprises Stanley & Co., a joint venture of 20,000 square meters plant construction is completed, expected in July put into , it can produce Pliers, Scissors, and combination wrenches 35 million, the new sales revenue of $ 100 million, at the same time to increase the economic benefits of power tool group, the Wendeng mechanical and electrical tools industry to enhance the overall strength and external visibility, increase the mechanical and electrical tools industry to attract investment has a positive role in promoting.
As the world's largest living wrench, the nation's largest manufacturers of pipe clip, power tools, more than 90% of the products sold to Europe, America, Japan and other more than 80 countries and regions. Since the main OEM dominated by the constraints of orders and raw material price changes, resulting in their price has no control over profit margins narrow. From the end of last year, Power Tools Group Co., Ltd. timely adjustment of marketing strategy in the stability of the international market at the same time, increase investment in the domestic market. They register a step-Park "brand hand tools series products, from product positioning, marketing, network marketing model for the planning and implementation of the system, to provide different ratios of preferential policies, the implementation of differentiated business in accordance with the geographical and sales size, fully mobilize dealers actively. Company with more than 10 car maintenance, piping, sleeve tool manufacturers to reach an agreement with the different types of hand tools, power tools OEM step parked tools formed, and diversification. National Hardware Fair held in March this year, "Mai Park" tool has been widespread concern in the domestic tool sales company, to become the stepping stone of power tools to open up the domestic market, the proportion of domestic sales of the first quarter increased to 8 percent last year on the basis of 20%.