Luyin company boasts four provincial-level research and development platforms, namely the Shandong Powder Metallurgy Engineering Technology Research Center, Shandong Key Laboratory of Powder Metallurgy, Shandong Engineering Research Center for the Development of High-Performance Metal Powder Materials, and Shandong Enterprise Technology Center. Moreover, it has been officially recognized as a provincial-level "One Enterprise, One Technology" R&D Center and the Shandong Industrial Design Center.
Over the years, Luyin company has successively taken charge of and executed numerous significant projects, including those under the National "863" Plan, National Science and Technology Support Plan, National Torch Plan, and Shandong Province Key R&D Plan. These efforts have been duly acknowledged, with the company being honored with the Second Prize of the National Science and Technology Progress Award and multiple First Prizes of the Shandong Province Science and Technology Progress Award.
In terms of intellectual property, we have secured 65 national patented technologies. Additionally, we have either spearheaded or participated in the formulation of 11 national, industrial, and group standards. Most importantly, we possess independent intellectual property rights over our powder production technology, highlighting our leading position in the industry.