In the field of science and technology, Laiwu City has been making notable progress. According to a recent report from the Laiwu Municipal Science and Technology Bureau, in 2012, the bureau actively promoted cooperation between local enterprises and domestic and international high-tech companies, resulting in 111 scientific and technological achievements, with 65 of them successfully transformed into marketable products. From January to September 2012, the city's high-tech industry generated an output value of 18.23 billion yuan, marking a year-on-year growth of 39.65%, which ranked first in the province. High-tech enterprises also experienced steady growth despite the economic challenges.
However, many local businesses still face challenges such as a lack of skilled talent, weak research capabilities, and limited innovation potential. To address these issues, the Municipal Science and Technology Bureau has implemented various strategies since last year, including enhancing technological collaboration, offering policy support, and providing financial assistance. As a result, 57 high-tech enterprises have received support, helping companies like Xinyi Products and Lichuang Technology become industry leaders through continuous innovation and integration.
At Shandong Black Cyclone Saw Industry, workers are seen finishing the edges of saw blade substrates in the heat treatment workshop. Zhang Xianwei, a staff member, explained: "Don't underestimate the base of the saw blade. This product was just developed this year, with a monthly output of 300 pieces. Each piece is worth around 500 yuan, and its price is more than 100 times that of similar products."
From composite muffler saw blade bases to high-performance carbide and polycrystalline diamond circular saw blades, the company consistently introduces new products, all of which are now in large-scale production. Zhang Xianwei emphasized: "Without innovation, it's hard for a company to survive in the market." Relying on technological advancement, the company’s annual sales revenue increased from 70 million yuan in 2010 to 120 million yuan today. In 2012, the company paid nearly 12 million yuan in taxes. The company's representative said sincerely: "The higher the technical content of our products, the less impact we feel during economic downturns. We will continue to invest in R&D and let technology drive our development."
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