Recently, the Department of Science and Technology of Shandong Province released the list of enterprises eligible for fiscal subsidies for corporate research and development, with Qingdao Liyang successfully included. The company’s achievements in scientific research investment have received provincial‑level policy recognition.

    The Shandong Provincial Fiscal Subsidy Policy for Enterprise R&D focuses on incentivizing enterprises to increase their R&D expenditure and consolidate enterprises’ principal role in innovation. It provides post‑fiscal subsidies for enterprises with solid R&D performance and outstanding innovation potential, helping enterprises tackle technical challenges and speed up the transformation of scientific and technological achievements.

  This successful shortlisting fully recognizes Qingdao Liyang’s long‑term commitment to scientific and technological innovation and improvement of its R&D system. In its development, the company consistently pursues innovation‑driven growth, keeps scaling up investment in scientific research resources, polishes core technologies, consolidates its competitive edges, gives full play to its innovation capacity as an enterprise, and contributes to the high‑quality development of the regional science and technology industry.