The company was awarded third position in the Guangdong Provincial (CPC) Science and Technology Awards 2016.
At a meeting of the CPC and the provincial government, recommendations of businesses were made in the scientific and technology innovation projects, and Print-Rite won the third prize for its research and development and industrialisation of core technology, for its “printing supplies remanufacturing” project.
The company’s project, which came under the “guidance of the national sustainable development and circular economy strategy”, has achieved 15 patent licences for inventions and 9 patent licences for utility models. The press release stated that “through the R&D, implementation and industrialisation of independent intellectual property rights in the remanufacturing sector”, it improved “comprehensive utilisation of resources, made breakthroughs in printing supplies remanufacturing in China” and “enhanced the global competitiveness of the industry, and established an industry level benchmark globally”.
Last year, Print-Rite was also placed amongst China’s 100 most innovative companies in 2016, and Clarivate Analytics, which published the results for the first time, noted that Print-Rite had “outstanding innovation achievements, demonstrating to the world the phenomenal achievements of Chinese mainland enterprises in innovation”.
The company’s latest data shows that as of 31 January 2017 Print-Rite has “secured 2,608 registered patents at home and abroad”. In the 2017 Guangdong provincial government report, it is pointed out that “efforts shall be made to speed up the cultivation of a number of leading industries to blaze a trail in innovation-oriented development, promote multi-level innovation based on industry-university-research cooperation, and apply technological innovation to industrial development”.
Print-Rite said that it will “live up to the honour awarded to them by proactively leveraging their innovation and by steering the whole printing industry in China to a road of healthy and robust growth through the implementation of the ‘Made in China 2025’ strategy”.