Hong Liu insists on improving product quality and increasing market competitiveness. Leveraging its advanced production equipment and strong technical teams, Hong Liu has established the Jiangsu Engineering Technology Center and the Jiangsu Enterprise Technology Center in order to further its development of functional fabrics. In the past three years, we have achieved significant scientific progress.
First, we organized and formulated three enterprise standards, one textile industry standard, and undertook three provincial-level scientific research projects. Two projects, which involve high-thermal conductive chemical fiber filaments and copper ion antibacterial modified polyacrylonitrile, have been appraised by experts as being at the advanced international level.
Second, as a result of our research, we have obtained 14 invention patents and 18 utility patents. In addition, we have published four Chinese-language papers and one SCI paper.
Third, our products have won many awards, including the China National Textile and Apparel Council (CNTAC) Product Development Contribution Award, Jiangsu Province High Technology Product, and Jiangsu Famous Brand. Hong Liu’s products came in first place at the Jiangyin Science and Technology Progress Awards and came in second place at the CNTAC Science and Technology Progress Awards.
These accomplishments fully demonstrate Hong Liu’s technological expertise and brand effectiveness.
We hope to encourage innovation and change our strategic focus from quantity to quality. To accomplish this, we are constantly developing new technology, new results, and new products that are marketable, high-tech, and high added-value. With the ultimate goal of becoming a famous brand, Hong Liu is constantly optimizing our structure and fostering in-house innovation. We are working to build a technological innovation system that combines production, research, market analysis, and a focus on clients. Our goal is to enhance our innovation capabilities, gradually becoming a powerhouse in both R&D and the application of new innovative techniques.
In order to achieve the aforementioned objectives, Hong Liu is focused on building a team of specialized, fine, and spirited researchers. We currently have more than 400 scientific and technological personnel, as well as 154 full-time R&D personnel. For the past three years, Hong Liu has invested more than 2% of its annual sales revenue in scientific research. Our technology center now has color quality control machines (Color iControl PC), color matching systems (SF600X), benchtop spectrophotometers (Color i7), Martindale wear meters, wash fastness testers, dye rub testers, climate exposure testing equipment, and fabric strength testers. All in all, Hong Liu has 10 million RMB worth of research, development, and testing equipment. In order to deepen product development, Hong Liu has also signed long-term strategic cooperation agreements with Jiangnan University and Tianjin Polytechnic University Garment and Textile College. Through these agreements, we hope to introduce professional and technical personnel, as well as promote cooperation between industry, university and research institutes.