A certificate of “high-tech enterprise” was granted to TISCO-Xinlei Company by Shanxi Science and Technology Department, Shanxi Provincial Office of SAT, and Shanxi Local Taxation Bureau. It is an approval as well as recognition to the company in aspects of R&D and innovation achievements.

 

The high-tech enterprise, as an essential foundation to develop high and new technology industry, a backbone to adjust industry structure and an engine to boost national competition, plays a significant role in China’s economy development. The qualification of high-tech enterprise is issued to companies that meet certain requirements in terms of independent knowledge property right, commercialization capability of research achievement, R&D organization and management level, growth index, and talents structure.

 

TISCO-Xinlei Company was jointly invested and established by Taiyuan Iron and Steel (Group) Co., Ltd. and Shanxi Xinlei Energy Group in 2011. The company‘s main business include processing and sales of limestone, consultation and service in mining technology. As an industry leader, TISCO-Xinlei has always committed to lifted its competition and maintained sustainable growth by focusing on the built of talent pool, independent innovation, protection of knowledge property rights, technology investment, and transformation of research fruits. The company has obtained 8 Utility Model Patents and its research program “Study and Industrial Application of the Explosiveness of Ordovician Majiagou Limestone” hold a lead in China.

 

Receiving the qualification of national high-tech enterprise brings a lot of benefits to TISCO-Xinlei. Besides tax reduction, the company will enjoy more respects and fame, as well as preferential policies exclusively stipulated for high-tech enterprises by the nation. And all these benefits will be sustained engines to drive the company’s growth in innovation, new technologies and new products.