| 2001 |
| Suzhou Zhenwu undertook 6 national debt technology innovation projects for National Economy and Trade Commission (NETC). These projects are to provide the melting and |
| heating equipment for medium and large Governmental Enterprise such as Panzhihua Steel Group, Chongqing Steel Group, Xining Special Steel Group, Tang Steel Group, |
| Sino Steel Group and China First Heavy Industries Group. These operating equipments lead the good effect and won the highly compliment and appraisal from NETC and |
| users themselves. |
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| 2002 |
| First national developed “KGPS serial Frequency Converter Induction Furnace” with high capacity (10~30 ton) and power (6000KW~8000KW). This invented product has |
| obtained the provincial appraisal and recognized as provincial High and New Technology Product. |
| |
| 2003 |
| Subsequently it has been authorized to be project initiator for state Level Torch Program (a governmental plan to develop new and high technology in China). |
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| 2004 |
| In December 2004 Suzhou Zhenwu has been authorized by Science and Technology Ministry to be project initiator for Technology Innovation Fund for technological SME. It |
| won 3rd prize in Jiangsu provincial Technology Improvement Award, 2nd prize in Suzhou Technology Improvement Award as well as Technology Success Award, while has |
| been recognized as Suzhou branded electric furnace equipment manufacturer. At the same time, its product of “Dual Output Power Supply Frequency Converter Induction |
| Heating Equipment” reached 50% of domestic market share and annual regional export market to South East Asia has reached 20 million CNY. |
| |
| The development project of “24-pulse Frequency Converter Power Supply and Induction Furnace” is listed as one of the most innovated project in Suzhou. This furnace is |
| high power of 12,000 KW and high capacity with 20~40 ton besides its green, high efficiency, energy saving advantages. |
| |
| 2005 |
| By using silicon controllable rectifier frequency converter half bridge series inverter line, “Dual Output Power Supply Frequency Converter Induction Heating Equipment”, |
| achieved world class technology. With this technology it puts Suzhou Zhenwu first place in China and second place in global as there are only two global supplier may able to |
| design and to manufacture, Inductotherm, USA and followed by Suzhou Zhenwu, China. |
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| 2006 |
| R&D project of “KGPS-DX Tri Output Power Supply Induction Heating Equipment” with its high efficiency, energy saving and environmental friendly is listed as Suzhou |
| Technology Innovative project and 2007 Suzhou Modern Installation Manufacturing Project. |
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| 2007 |
| Latest R&D project of “High Power Multi Output Power Supply Induction Heating Equipment” with energy saving orientation is listed as Jiangsu provincial special funding |
| technological project. Together with Baosteel Group for “2-10 ton Vacuum Frequency Converter Induction Melting Furnace” in order to supply high efficiency and reliable |
| local made equipment to special steel OEM for usage in aircraft landing gear, warship valves and other high-end products. Another R&D project of “Low Frequency |
| Electroslag Remelting Furnace” is now at the final application stage and this would be become the first self-developed world class electroslag equipment in China. |