Blog

2020


Release Time

2025-01-22

In 2020, the Group’s restructuring efforts progressed steadily. Despite the adverse impact of the COVID-19 pandemic, all business segments maintained uninterrupted operations, refrained from production cuts, and upheld salary levels, thereby making solid strides in reform-driven innovation as well as in production, operations, and management. Two of the Group’s enterprises were recognized as high-tech firms, and two of its achievements were awarded the Shandong Provincial Brand Innovation Award. Furthermore, the Group was once again honored as a “Meritorious Enterprise of Muping District.”

In 2020, the Group’s restructuring efforts progressed steadily. Despite the adverse impact of the COVID-19 pandemic, all business segments maintained uninterrupted operations, refrained from production cuts and wage reductions, and made solid strides in reform-driven innovation as well as in production, operations, and management. Two of the Group’s enterprises were recognized as high-tech firms, and two of its achievements were awarded the Shandong Provincial Brand Innovation Award. Furthermore, the Group was once again honored as a “Meritorious Enterprise of Muping District.”