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Liuzhou Iron and Steel Group Co., Ltd. attaches great importance to scientific and technological innovation with good harvest
Date:2019-06-03 By:Qiuzhen Luo Source:Liuzhou Daily

Scientific and technical personnel in Liuzhou Iron and Steel Group Co., Ltd. enjoyed a cheerful day on May 29th. At the scientific and technical work summary and commendation meeting held on that day, 5,445,700 yuan was awarded to science and technology workers, which was 2.0457 million yuan more than the previous year's 3.4 million yuan.

According to the relevant person in charge of Liuzhou Iron and Steel Corporation, the science and technology workers have gathered a new driving force for the development of science and technology innovation through their own efforts, made it become a powerful engine for enterprise’s development, and fully promoted the rapid development of iron and steel in Liuzhou towards a high quality direction. In the past year, the iron and steel output in Liuzhou Iron and Steel Corporation exceeded 12 million tons and 13 million tons respectively, becoming the first state-owned enterprise in Guangxi with annual profit over 10 billion yuan. Its comprehensive competitiveness jumped into the industry's “First Square” and was rated as China's steel companies with the highest rating A+ (very competitive), ranking 31st among the top 50 global steel companies. At the same time, in 2018, company’s scientific and technological achievements enjoyed a good harvest: a total of 117 scientific and technological research projects and 108 small talent high-land projects were implemented. Among them, it has promoted 3 special projects for innovation and development in Guangxi and 9 major projects in Liuzhou City. Its annual investment in technology research and development reached 1.003 billion yuan, and the research and development expenses were 314 million yuan, increasing by 260 million yuan year-on-year. 120 patents were filed in which 36 patents were granted. It also participated in the formulation of 7 national standards and 4 industry standards.

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