Since its establishment, the company has insisted on taking the development road of independent innovation, and has always regarded the scientific research and development of high and new technology as the foundation and key to maintain the high speed development of the enterprise. Through independent research and development, cooperative development, introduction and digestion and other ways to have a number of patents and know-how of international advanced or domestic leading level. The company has been awarded as High-tech Enterprise of Shandong Province, Advanced Enterprise of Independent Innovation of Weihai City, and Key High-tech Enterprise of National Torch Program. The company's technology center has been recognized as "Provincial Technology Center".
In 2008, the company obtained 4 patents for invention and 7 patents for utility model, and won the honorary title of "China Patent Star Enterprise of Shandong Province"; the company's self-developed SGN30130A fixed-beam CNC gantry rail grinder won the "First Prize of Excellent New Product of Shandong Province for Technological Innovation". The SGN30130A fixed-beam CNC gantry guideway grinder independently developed by the company won the "First Prize of Shandong Provincial Technical Innovation"; CPNT2080B fixed-beam gantry machining center won the "Second Prize of Shandong Provincial Technical Innovation"; VS30125 vertical machining center won the "Third Prize of Shandong Provincial Technical Innovation". "C-600 CNC Cylindrical Grinder won the Third Prize of Shandong Province Excellent New Product in Technological Innovation; HC500 Horizontal Machining Center won the Second Prize of Shandong Province Excellent New Product in Technological Innovation; and BZM-650 Borgata Gantry Machining Center, independently researched and developed by the company, won the Second Prize of Shandong Province Excellent New Product in Technological Innovation. BZM-650 Bo format rail plate special CNC grinding machine developed by the company won the "Shandong Province technological innovation and excellent new product first prize, China Machinery Industry Science and Technology Award second prize".
The company based on the domestic market, relying on national key projects, to replace imports as the goal, to achieve rapid and steady development. On the one hand, the company adjusts the production capacity structure, on the one hand, the implementation of two-way extension, investment holding Rongcheng Hongjiu Forging & Casting Co., Ltd. joint venture East China Heavy Industry Co., Ltd., a picture through the upstream raw materials, machine tools and equipment in the midstream, downstream parts processing up to the complete set of equipment industry chain has been initially formed, to open up a new road from the machine tool to the heavy machinery.