Jining Jinbaite Electronics Co., Ltd. has made significant strides in innovation with its independently developed "Continuous Countercurrent Ultrasonic Extraction Complete Equipment," which features 24 patented technologies. This breakthrough earned the company the Jining Science and Technology Innovation Fund and was recognized as a key small and medium-sized technology enterprise by the High-tech Zone. With supportive financial policies, the company has seen a steady flow of customers placing orders. Bai Zongming, the company's general manager, expressed satisfaction, saying, "Independent innovation has significantly boosted our market competitiveness, and we are now reaping the benefits."
Located within the Jining High-tech Zone incubation base, over 230 tech-oriented enterprises like Jinbaite are thriving. In the first 11 months of this year alone, these companies collectively paid more than 260 million yuan in taxes, highlighting the region's growing economic strength.
The district is home to the first national-level entrepreneurial service center among provincial high-tech zones. To encourage innovation, the local government has introduced various policies, including technology and entrepreneurship funds, financial interest subsidies, tax incentives, and talent attraction initiatives. This year, three projects received over 2 million yuan in venture capital support from the Ministry of Science and Technology, while 26 patented technologies and products secured nearly 4 million yuan in discounted loans from national, provincial, and municipal levels.
Additionally, 31 overseas students from the Overseas Students Pioneer Park have founded 21 tech-based companies, developing over 10 high-tech projects and applying for 14 foreign patents in the U.S. and the U.K. Among them, HHCON-1, an anti-cancer drug, has been designated as a key science and technology project by both the Ministry of Science and Technology and the Ministry of Health. Tonglian Electric Appliance Co., Ltd. also made a notable contribution by developing an imaging card machine and a color expansion machine, filling a domestic gap in the market.
The district places great emphasis on the absorption and innovation of imported technologies. The construction machinery industry, led by Shantui Group, has partnered with Japanese firms such as Komatsu Works, Shengdai Fuse, and Komatsu Investment Corporation. As a result, the localization rate of construction machinery has surpassed 90%.
By leveraging independent innovation and technological advancement—two “golden keys†for growth—the Jining High-tech Zone has recently passed the certification for the National Torch Plan Engineering Machinery Industry Base and the National Torch Plan Biotechnology Industry Base. It is also expected to be recognized as one of the national textile new materials industry clusters after the preliminary evaluation. Currently, there are 65 high-tech enterprises operating within the zone, all contributing to the region’s dynamic and innovative ecosystem.
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