Awarded the title of "Innovative Small and Medium-sized Enterprise (SME) in the 4th Batch of Shanghai in 2024"

Shanghai Farquan Industrial Co., Ltd.

In order to thoroughly implement the national strategic plan for promoting the innovative development of small and medium-sized enterprises (SMEs), Shanghai actively enforces the "Implementation Rules for the Gradual Cultivation and Management of High-Quality SMEs in Shanghai," aiming to nurture a group of high-quality SMEs that focus on niche markets, possess strong innovation capabilities, and have significant development potential. Innovative SMEs, as a crucial component of the gradual cultivation system for high-quality SMEs, are an important force driving high-quality economic development. Our company's receipt of this title this time is a manifestation of the results achieved through actively responding to policy calls and continuously increasing investment in innovation, under the guidance of Shanghai's innovation policies.

Our company has always regarded innovation as the core driving force for enterprise development and increased investment in research and development. Remarkable achievements have been made in technological innovation, product innovation, and management innovation. In terms of product innovation, we have obtained 16 patents, and these innovative achievements have enhanced the company's core competitiveness.

Innovation knows no bounds, and striving has no end. This successful selection as an Innovative Small and Medium-sized Enterprise in Shanghai is just a shining point on our long and arduous journey of development.