On March 20, Mr. Liu from the China Audit (Shenzhen) Certification Center conducted a detailed on-site audit on the implementation and operation of our company's intellectual property management system. Leaders of various departments of the company and personnel representatives of related business activities participated in the review work. During the review process, Mr. Liu fully communicated with the company's management and representatives to understand the operation of our company's actual intellectual property rights, and made suggestions to our company's procurement and contract custodians.
Our company attaches great importance to intellectual property rights. All new products will submit intellectual property applications during the research and development stage, and then will be transferred to the marketing department for routine intellectual property management. The standardized management and the emphasis on intellectual property rights have been recognized by the external auditors. After the active cooperation of both parties, on March 22, it successfully passed the certification of intellectual property management system standard implementation. This marks that our company's implementation of the "Enterprise Intellectual Property Management Standards" has reached a new level.
The successful passing of this standard implementation certification is an affirmation of our company's intellectual property management system. It marks that Lvwang Technology has standardized management standards in all aspects of production, sales, procurement, R&D, management, etc., making the standardization of intellectual property rights the normal state of Lvwang's work, and the standardized management of intellectual property rights will greatly enhance the company's competition in the market force!