December 15, 2008, Hangzhou Pax Electronic Technology Co., Ltd., Hangzhou, Belgium Automation Co., Ltd., and other 5 enterprises in Hangzhou Economic and Technological Development Zone was awarded as "Regional Patent pilot enterprises". This is another honor of intellectual property rights after the “excellent independent innovation enterprise”.It is another recognition of our achievements in the implementation of intellectual property and technology innovation strategy related to science and technology sector.

 

As a technology-intensive enterprises, attaches great importance to intellectual property protection and patent strategic layout, the company has a number of independent intellectual property rights which are also at the industry leading position. Patent application covering the appearance of power meter, technical tips, new anti-theft technologies, new structure improvements under new techniques and other aspects,it has excellent practical value and market value.

 

After China's accession to WTO, intellectual property rights have a growing strategic position in the economic, social development and technological progress. Particularly the new promulgated the "Measures for the identification and aministration for High-Technology Enterprises" clearly states that intellectual property is the key indicator in measuring a company's independent innovation capability and have passive control in appraisal voting. Thus, we must make persistent efforts in patent, copyright and other software applications and protection of intellectual property, create a situation of sustainable development of the quantity and quality of patents, and transform patent advantage into product advantage, competitive advantage and economic advantage.