China’s National Intellectual Property Administration has recognized Lianyuan Iron & Steel (Liansteel) as a National Intellectual Property Demonstration Enterprise. This honor places Liansteel among the country’s top innovators for excellence in creating, managing, and leveraging intellectual property.
During recent years, Liansteel’s patent output has grown dramatically, with filings increasing over twelvefold. The company jumped 20 spots in industry innovation rankings and was praised for its strong patent potential. Its focused R&D efforts have built a valuable patent network covering advanced steel products.
This achievement stems from Liansteel’s powerful innovation system, which includes multiple research platforms and industry partnerships. Patented products now contribute significantly to revenue, with core patents estimated to have driven over 5 billion yuan in value in the past five years.
Looking forward, Liansteel plans to increase R&D investment and further integrate intellectual property into its business strategy. The company aims to support China’s manufacturing advancement and regional development goals, setting a new standard for innovation in the steel industry.
