News from our newspaper on October 13, accompanied by Wang Jianhua, representative of the Standing Committee of the Provincial People’s Congress and director of the Election, Appointment and Removal Committee, 12 NPC representatives, including Feng Ming, Lu Shilin, and Zhu Yinmei, visited our company. Industry, increase the intensity of technological transformation of traditional industries" to conduct special investigations.

     Group CEO Wu accompanied the delegates to visit Rifa's production workshop and gave a report on the development of high-tech industry to the delegates. Mr. Wu mentioned in the report that Rifa is a high-tech enterprise in Zhejiang Province and a high-tech enterprise under the National Torch Program. It has already blazed its own path and formed its own characteristics on the road of high-tech development. The company has always been determined to "upgrade traditional industries with high-tech and cutting-edge technologies", and insists on building the core competitiveness of the company through technological innovation. Technological innovation is the guarantee for an enterprise to keep its youth and vitality forever, and increasing investment in technological transformation is an effective means of technological innovation. The company insists on deducting research and development expenses at 5% to 6% of sales revenue every year. It is this high investment that provides a sufficient source of funds for the technological innovation of enterprises. Not only that, the company also pays great attention to the cultivation of talents and the construction of enterprise informatization to ensure the steady improvement of the company's technological innovation capabilities.

     After listening to Mr. Wu’s report, the delegates spoke highly of Rifa’s achievements in just over ten years and agreed with the company’s high-tech, development of new products, high investment, and pursuit of high efficiency. , And at the same time encourage the company to position itself scientifically, value talents, increase technological transformation, and strive to achieve greater results.