According to a re-evaluation result released days ago by Ministry of Industry and Information Technology of China (MIIT), TISCO Group had successfully passed the review and its qualification as a national demonstrative enterprise for technological innovation, for the consecutive 9th year, was extended.
National demonstrative enterprises for technological innovation are referred to the industrial players that have superior capability in technology innovation, outstanding innovation performance, as well as significant guiding function in separate industries. The criterion for evaluation includes 6 aspects, i.e. core competence and leading position, sustainable innovation ability and R&D investment, industrial guiding role and independent brand, strong profitability and superior management level, high-tech application ability, innovative development strategy and innovation culture.
It was since 2011 when the MIIT started the evaluation of the demonstrative enterprises. And in that same year, TISCO was honored as one of the winner of the title, making the company the only steel producer in the first year list. For a very long time, TISCO has stressed innovation as the primary driving force for development. It cultivates the innovation idea of “being glad to hear new things, being motivated to know new things, and being outstripping with new things” among all staff, creates the innovation culture that “encourages innovation, tolerates failure and opposes stereotype”, and increasingly enhances investment in technology. With the platforms of national key laboratory and state-level technology center, the company set up joint lab which integrates the function of production, study, research, and application, so as to strengthen its capability in original creativity. At the same time, the company offers favorable conditions for talents as it believe talent is the most important resource for innovation-driven development. The company has promoted itself to a higher end in industry chain by deepening the integration of chains of industry and innovation, and establishing safeguard system for vigorous technological innovation factors. In recent years, TISCO successfully developed the “hand tearable steel”, the duplex stainless steel rebar for the grand bridge connecting Hongkong-Zhuhai-Marco, the stainless steel for the fourth generation nuclear power, and other advanced and special high-end products. A product cluster featured with high efficiency, energy-conservation and long lifetime are formed, consisting of stainless steel, cold rolled silicon steel, and high strength and high ductility steel. They are widely applied in sectors like machinery, railway transportation, aerospace, energy and chemical industries, making great contribution to the high quality development of Chinese manufacturing industry.
TISCO Group has always keep in mind its original aspiration of serving the country with substantial industry and its honoring mission of being a pillar industry player of the country. It keeps improving innovation mechanism, increasing investment in technological innovation, strengthening effort to solve key technological puzzles, developing high end products with original design, so as to explore a new path to high quality transformational development and to drive China’s transfer from a world factory in terms of volume to a manufacturing power in terms of quality.
The MIIT reviews and grants the title of “demonstrative enterprise for technological innovation” to qualified enterprises once a year, and makes a re-evaluation to enterprises holding the titles every three years to confirm or cancel its qualification.