On February 6th, 2020, the office of the leading group for the identification and management of national high-tech enterprises issued a reply on the filing of the first batch of high-tech enterprises in Qingdao in 2019 (gxhz [2020] No. 39). BST passed the qualification certification of the first batch of national high-tech enterprises in 2019, with a validity period of three years.

With the assistance of Finance department, HR&ADM department, Technical Services Department, Procurement Department, Quality management Department and other departments, the identification work was organized and participated by the Engineering Department. After four months of material preparation, collection and audition including audit report, personnel situation, intellectual property, achievement transformation and research, the project was completed on July 9, 2019.

High tech enterprises can enjoy the relevant preferential policies of the state on high-tech enterprises, that is to pay enterprise income tax at the tax rate of 15%, and obtain government subsidies. This identification is a re-identification after the expiration of the original high-tech enterprise certificate of the company, which shows the pragmatic, efficient and cooperative work style of the company, and provides an effective driving force for the stable operation of BST.