Recently, Shanghai Stable Compressor Valve Manufacturing Co., Ltd. was awarded the "Excellent Enterprise Award" for the year 2023 by the Xinmin Economic Development Zone in Shanghai. This award is not only a recognition of our company's strength, but also a great encouragement for the company's future development.

      Shanghai Xinmin Economic Development Zone is one of the important economic development areas in Shanghai, and its "Excellent Enterprise Award" aims to recognize enterprises that have demonstrated outstanding performance in technological innovation, business management, and social responsibility. Winning the "Excellent Enterprise Award" this time is a full recognition of the company's achievements in technological innovation and industrial development, and also marks the company's eligibility to enjoy relevant national tax preferential policies.

      Our company has always adhered to independent innovation, continuously increasing research and development investment, and enhancing innovation capabilities to meet the personalized needs of customers. The company has established close cooperative relationships with industry universities, set up specialized technical research and development teams, and carried out multiple industry university research cooperation projects. In the past three years, the proportion of the company's total R&D expenses to the total sales revenue of the same period has met the national standards, and has achieved corresponding requirements in terms of core independent intellectual property rights, scientific and technological achievement transformation capabilities, R&D organizational management level, and enterprise growth.

      Shanghai Stable will continue to be committed to providing high-quality products and services, further promoting technological innovation, and contributing to the development of local economy and social progress.