Taigang Stainless Ranks 38th in "2017 China Top 100 of Enterprise Innovation Ability"

Recently, "2017 China top 100 of enterprise innovation ability" is issued on “Chinese enterprise innovation ability ranking list (2017)” jointly by China's economic reform and development research institute and school of economics of Chinese People's University. Shanxi Taigang Stainless Steel Co., Ltd. ranks the 38^th with its outstanding innovation ability.

 

Over the years, with vigorous implementation of innovation-driven strategy, TISCO always put innovation as the first driving force in enterprise development. Facing the serious situation of steel industry and the general trend of industry transformation in recent years, TISCO promotes variety structure optimization and upgrading by innovation, and reduces the cost and improves quality and efficiency by the “forced” mechanism of market competition. Relying on innovation platforms like "state key laboratory" and "state-level technology center", TISCO creates "chief engineer" and "product engineer" system and carries out "one-stop" research system for new product design, development, production and application. With sustainable growth of high quality, high-end, highly sophisticated and special products, the company provides customers with a package of "concierge-like service” and conquers the commanding heights of the market. Meanwhile, TISCO carries out a series of activities such as creative thinking training in staff innovation studio, on-site technical diagnosis, technological improvement, master-prentice teaching and advanced technology promotion, by which staffs play their principal role of scientific and technological innovation to promote technology innovation as well as to tap the internal potentialities and improve profits. Furthermore, during the innovative practices TISCO continues to improve not only the mechanism of science and technology, but also the incentive mechanism by paying more attention to payment which should match well with contributions and implementing encouragement on key points accurately and dynamically, through above efforts, TISCO effectively stimulates creative emotion of the scientific and technological personnel with innovative products constantly springing up. So far, TISCO has been awarded as national innovation demonstration enterprises in six consecutive years, the contribution rate of scientific and technological innovation reaches to 80% or more.

 

“Chinese enterprise innovation ability ranking list (2017)” was made by national macro innovation team after nearly a year’s data collection and statistical calculation with very strong authority. The list establishes an innovation database covering more than 80,000 high and new technology enterprises, comprehensively evaluates the innovative ability of the above enterprises for the first time, and makes a specific research on China the top 100, top 1000 and top 10000 enterprises. This not only helps the government and other sectors of capital market to well know the enterprise innovation ability, but also promotes the implementation of the innovation-driven development strategy, thereby speeding up the pace of shifting from factor-driven to innovation-driven for China's economic growth.