In recent years, Baosteel Co.,Ltd. encourage their employees to advance technological innovation. While encouraging employees to apply patents, it pays more attention to depth and quality. From January to October this year, Baosteel Co.,Ltd. invention patent application processing reaches 436, 2 items per working day.Invention patents account for 46% of the total number of patents, hitting historical record. Among the patents declared, 74% has been applied in production.

In recent years, Baosteel Co.,Ltd. continues to regard technological innovation as the engine of enterprise development.In tough market conditions, it further increases research investment, which increases 20% annually. It gathers scientific research strength and forms golden apple team, regional big project team and various other technical teams, forming strong momentum of innovation and invention. Meanwhile, Baosteel Co.,Ltd. gives full play to the guiding role of intellectual property evaluation and incentive, pays attention to the connotation of innovation, underlines invention patent in the evaluation and encourages prominent inventors who contribute to the company, improves the quality of the company's patent, and enhances the contribution of the property rights to the business. In addition, Baosteel Co.,Ltd. Technology Development Department carries out full range personal services, supports the golden apple core R & D team and other teams' innovation.This year, it not only carries out for the golden apple team lectures on how to timely protect project R & D results, patent best protection mode, patent document writing key points, but also tracks the innovative team research and development fruits in day-to-day work, paying attention to every link from patent application to patent licensing.

Establishing long-term technological innovation system, forming good innovation atmosphere and increasing R & D investment, Baosteel Co.,Ltd. further promotes technical innovation work in all levels and receives good results. Five golden apple teams have been established for three years and generated more than 100 invention patents, and applied for nearly 10 foreign patents. Directly linked factories and subsidiaries compete with each other and enhance the meaning of technical innovation. Directly linked factories' invention patent applications for the first 10 months exceed the total number of application targetfor this year.

In pursuit of innovative content and encouraging invention patent application, Baosteel Co.,Ltd. pays more attention to patent's practical application. Most of the invention patent application for this year fill the domestic blank. For example, "An ultra-high-strength anti-collapse oil casing and tubing string and its manufacturing method", targeting for the working conditions of Zhongyuan Oilfield, invents ultra-high-strength steel for oil casing and tubing with 1180 MPa or more of yield strength and anti squeeze oil casing string and its manufacturing method.The product manufactured with this method is applied in the Zhongyuan Oil Field and its technical performance meets user requirements. It has promotion and application value in different oilfields such as salt rock, shale, evaporite bed."An automotive friction plate cold-rolled steel plate production method" breaks the monopoly of the few foreign enterprises and realizes low-cost industrialized mass manufacturing of automotive friction plate cold-rolled steel and creates over 10000000 yuan corporate profits. For volume shape and surface quality, hot rolling mill developes two patents,"coiler pinch roller pressure control" and "coiler pinch roller control method". They are successfully applied in 2050 hot rolling coiler and are promoted in Bayi Iron & Steel Hot Rolling Mill and achieve remarkable results, greatly increasing hot-rolled steel strip volume shape, surface and plate shape quality and the pinch roller service life.




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