Recently, the Guangdong Intellectual Property Protection Association issued a notice on the recognition of "2023 Guangdong Province Intellectual Property Demonstration Enterprises", and Ellington Electronics successfully made the list with excellent intellectual property innovation, management, and application capabilities.
It is reported that "Guangdong Province Intellectual Property Demonstration Enterprise" plays an important role in the field of scientific and technological innovation, and is an important foundation for improving the management and application capabilities of enterprise intellectual property. This honor represents that Ellington Electronics not only possesses the concept of intellectual property strategic management, but also has comprehensive development in the creation, application, protection, and management of intellectual property. Its comprehensive competitive advantage in intellectual property is outstanding, and it has a certain influence and benchmark demonstration role in the industry.
In recent years, the company has successfully passed the national standard GB/T29490-2013 certification for Enterprise Intellectual Property Management, which has improved the awareness of intellectual property among all employees and standardized the company's intellectual property management process. And an incentive system has been established to incentivize all employees for their job inventions, effectively enhancing the creativity of R&D personnel.
As a professional PCB manufacturing enterprise, Ellington Electronics has always attached great importance to the creation and development of intellectual property rights in the face of fierce market competition in recent years. It has continuously increased research and development and investment, and has obtained several invention patents. In 2022, R&D expenditure exceeded 100 million yuan, an increase of nearly 19% compared to 2021; In the first three quarters of 2023, the research and development expenses reached nearly 100 million yuan, a year-on-year increase of over 12%.
In the future, our company will continuously improve our engineering research and development capabilities and promote innovative development of the enterprise by introducing high-end innovative talent teams and conducting joint research and development through industry university research based on the actual situation of the enterprise's research and development institutions. At the same time, we will deeply implement the innovative development strategy, combine digitalization, and comprehensively enhance our product technology innovation capabilities under the dual drive. We will actively carry out engineering research and development, break through industry commonalities and key technologies, and accelerate the transformation and technological radiation of intellectual property technology achievements.