Liaoning Private Enterprises Drive High-Quality Development Through Innovation
2024-07-10

On July 10, the Information Office of Liaoning Provincial People’s Government held the 11th press conference of the series titled “Promoting High-Quality Development of Enterprises”, introducing related deployment, key measures, and significant progress of Liaoning’s private enterprises in accelerating their high-quality development.

Jinzhou Wonder Auto Group Limited is accelerating its overseas R&D and production layout, providing spare parts for 20 domestic and joint-venture new energy vehicle companies. By focusing on overseas markets, the company has become a global supplier for international automakers like Ford, General Motors, BMW, and Volkswagen.

Liaoning Oxiranchem Group is speeding up the development and expansion of strategic emerging industries such as pharmaceuticals and healthcare, advanced display technologies, and low-temperature batteries. It is developing more products and enterprises from Liaoning that use special and sophisticated technologies for the global market and deepening strategic partnerships with internationally renowned companies like Sika to enhance the brand influence of domestic chemical companies such as Oxiranchem in BRI partner countries.

From 2024 to 2025, Liaoning Dongya Seed Co., Ltd. will continue to invest an average of 30 million yuan annually in research and development funds, with an annual investment of 10 million yuan focused on the industrialization and promotion of high-quality new varieties and supporting cultivation technologies. This is to strengthen technological innovation in core technologies in key fields and provide new quality productive forces for the company’s sustained high-quality development.

Liaoning Dingjide Petrochemical Co., Ltd., which boasts core competitiveness in the field of catalysts and chemical additives for polymer materials, will utilize advanced international technologies to overcome the bottlenecks of key technologies in China. It will actively plan independent research and development processes, aiming to improve the domestic substitution rate of key products and drive technological progress in the industry.

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