In the past decade, Shenghua people have been adhering to the general principles of the group, learning from others strong points to offset its weakness, bringing in modern and comprehensive management systems. A highly scientific management system of its own has been sought.
A R & D Center has been set up to fulfill technological innovation and increase core competitiveness. A sum of 30 million RMB was invested to construct the Center.And now the annual R&D investment volume had risen to approximately 10 million.The most initiative factor is market research that is fundamental for new products development and promotion. With the increase of the public environmental awareness, we are planning to develop environmental-friendly products and upgrade existing processes and production facilities. By the end of 2001, it is estimated that the investment for environmentprotection will exceed 35 million RMB. After that, the annual investment volume is expected to rise up to 10 million. |
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