On July 24^th to 25th, 2017, the Intellectual Property Management System successfully passed a third-party audit at Nanjing Huashi New Material Co., Ltd. (hereinafter referred to as "Nanjing Huashi"), at Sino Lion's production plant in China.

“Enterprise Intellectual Property Management” is a management standard created and implemented in China, whose number is GB/T 29490-2013. Although there is no such management standard currently around the world, there is a trend to establish such international standards in the future, similar to the establishment of QMS, EMS and OHSAS.  

Three expert instructors from Zhong Gui (Beijing) Certification Co., Ltd. checked many related documents and records from the IP Office, R&D Center, marketing, sales, procurement, OA&QC, production and other departments during the two days. They unanimously agreed that the intellectual property management system of Nanjing Huashi was operated effectively and passed in its current form. Meanwhile they put forward a program of higher requirements for the future.

With the rapid development of science and technology and the acceleration of global economic integration, intellectual property has become an important weapon and strategic resource for enterprises to maintain competitive advantage. Since Sino Lion was founded, we not only sustained innovation, but also attached importance to intellectual property protection. We have applied for 62 invention patents, of which 27 are authorized. These patents were mainly with Nanjing Huashi as the applicant, since the R&D Center is in Nanjing, China.

Through years of intellectual property management, the standard requirements have been integrated into the Sino Lion’s R&D, production, marketing and all other aspects of our business.  This has a positive role in promoting Sino Lion’s intellectual properties, risk control, improved R&D capabilities, production efficiency and market competitiveness.