Recently, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council announced the results of the 2023 annual special evaluation for “Double Hundred Enterprises” and “Sci-Tech Reform Enterprises.” Huagong Tech Co., Ltd. (hereinafter referred to as “Huagong Tech”) was awarded the highest rating—“Benchmark”—among “Sci-Tech Reform Enterprises.”
“Sci-Tech Reform Action” is a special reform initiative for state-owned enterprises organized by the Leading Group for State-Owned Enterprise Reform under the State Council. It aims to support and guide state-owned sci-tech enterprises in integrating and mutually reinforcing market-oriented reforms and innovation capabilities, ultimately cultivating exemplary models and trailblazers in reform and independent innovation. The assessment cycle of the initiative is conducted annually, with ratings categorized into five levels: Benchmark, Excellent, Good, Qualified, and Unqualified. The overall performance of central enterprises is also evaluated.
Since its establishment, Huagong Tech has adhered to the business philosophy of “strengthening the foundation through product operations, expanding scale through capital operations, and unwaveringly pursuing internationalization.” The company has actively implemented cultural, managerial, and operational mechanism reforms. In 2023, in line with the requirements of the “Sci-Tech Reform Action,” Huagong Tech continuously optimized its corporate governance structure and focused on enhancing its integrated group operation capabilities. It emphasized core competency development by optimizing its innovation system, advancing the construction of a central research institute, promoting a “high-precision” innovation direction, and vigorously attracting top talent to boost innovation capacity.
It also strengthened the role of its investment platform to enhance supply chain resilience and expanded its international footprint. Over the past year, the company led the industry by fully domesticating key components for 3D five-axis laser cutting machines and semiconductor laser cutting machines. It launched the industry’s first 1.6T silicon photonic module with self-developed silicon photonic chips, compatible with thin-film lithium niobate modulators and quantum dot lasers. It also introduced advanced equipment such as 3D five-axis laser processing special-purpose intelligent machines, laser helical spot welding smart devices, high-speed magnetic suspension systems for lithium batteries, laser processing lines for optical waveguide glass wafers, and dual-sided intelligent welding robots for hydrogen electrolyzer plates—continually injecting Huagong Tech’s “hidden strength” into the construction of a new industrialization landscape.
Looking ahead, Huagong Tech will remain closely aligned with national and industrial development, reinforcing the synergy between institutional reform and technological innovation. It will strengthen independent R&D of core technologies, support regional economic growth through the construction of industrial bases and capacity expansion, and implement major national strategies. The company will continue to leverage industrial technology alliances and investment funds to drive upstream and downstream innovation within the supply chain, improve the layout of its overseas branches, and establish regional research centers and manufacturing bases. As a “Sci-Tech Reform” benchmark enterprise, it will set a strong example, aligning industry needs with its capabilities, exploring new industrial tracks, continuously enhancing value creation, and contributing to technological advancement and economic development.
