May 27 saw Zhejiang Jiezhong Science and Technology Col, Ltd., a premier Keqiao tech-based enterprise, find its first listing in the innovation section of China National Equities Exchange Quotations, or the “Third Board” - the first local company to achieve such status this year, paving the way to the market floors of Beijing Stock Exchange, other national trading platforms, and beyond.
Zhejiang Jiezhong Science and Technology Col, Ltd., a national high-tech enterprise focusing on auto parts R&D, production, and sales, specializes in small precision injection-molded gears, has won repute both at home and abroad. Focused primarily on scientific and technological innovation with an annual R&D budget of 10 million yuan producing more than 100 patents, Jiezhong Science and Technology is a national-level high-tech enterprise leading the standards in small module infection-molding gears, winning numerous provincial awards and recognition nationwide.
In order to better improve and extend production capacity and “smart” manufacturing, Jiezhong has allocated and integrated the highest-level equipment from home and abroad, exponentially improving production efficiency and efficacy. With an annual output of 80 million wiper parts, 90 million door and window system parts, and 500 pairs of precision molds, totaling investment of 250 million yuan, its R&D center and data brand marketing facility combine as well to form one, comprehensive “industry chain” business model totaling an annual sales volume of 210 million yuan in 2021 - a number on course to increase by 40 million this year alone.
Recent years have witnessed numerous advanced equipment manufacturing enterprises spring up throughout Keqiao, joining Jiezhong in its pursuit of excellence and innovation, through the constant and careful cultivation of Keqiao district government. Jiezhong, currently listed in the “innovation” layer of the Third Board, looks to be officially listed on Beijing Stock Exchange by the end of 2023.