Congratulations! Colet factory is honored with High and New Technology Enterprise by Ningbo Government

Congratulation to Ningbo Hawk Electrical Appliance Co., Ltd is honored by High and New Technology Enterprise.

High and New Technology Enterprise is one of the highest honor for Enterprises from Chinese government, award to enterprises that continue to carry out R&D and transformation of technological achievements, form the core independent intellectual property rights of the enterprise, and carry out business activities based on this, which are knowledge-intensive and technology-intensive enterprise.

It is a strong proof on Colet's investment on fully automatic coffee machines development and manufacturing, because of its strict condition for applying as following:

(1) The enterprise must be registered for more than one year;

(2) The enterprise own the intellectual properties that play a core role on its main products and services;

(3) The technologies that play a core role for the enterprise's main products fall within the scope of the "High-tech Fields Supported by the State";

(4) The proportion of scientific and technological personnel engaged in R&D shall not be less than 10% of the total number of employees;

(5) The proportion of the total R&D expenses shall not be less than 5% to total sales revenue in past three years;

(6) The income from high-tech products shall not less than 60% of the company's total income in the past year;

(7) The evaluation of enterprise innovation capability should meet corresponding requirements;

(8) No major safety and quality accidents or serious environmental violations occurred within the year before the company apply for confirmation.

And the scoring standard of High and New Technology Enterprise confirmation is as following:

(1) 30 points for core independent intellectual property rights. Enterprise must have 6 software copyright registration certificates or 1 invention patent or 6 utility model patents to get 30 points;

(2) 30 points for scientific and technological achievements transformation, the annual average scientific and technological achievements transformation needs to be more than five within 3 years, and must have 12 technology development contracts or 12 technical service contracts for different products;

(3) 20 points for management level of research and development;

(4) 20 points for growth index, which is an evaluation of the total asset growth rate and sales growth rate that reflect the business performance of the company.

The competition in the future will be based on technology. It will no longer compare whose company is larger in scale, it will be whose company will be more innovative, and whose development quality will be higher. Ningbo Hawk Electrical Appliance will keep investment on the development and technical on Colet brand fully automatic coffee machines, and keep supplying coffee machines with higher quality, better price, more practical functions to the market.