Sci-tech enterprise engages in R&D to enhance competitiveness

Researchers in the control room of Guiyang Xintian OETECH Co, located in Guiyang city, have been busy developing new intelligent products.

Xintian OETECH is a high-tech enterprise that has developed precision measuring instruments that are on par with international standards. The company empowers the high-end, intelligent, and green development of the equipment manufacturing industry through technologies such as big data, artificial intelligence, and virtual reality.

Yang Guolin, the chief software designer of Xintian OETECH, stated that the company will collaborate with the Guiyang Institute of Intelligent Technology Research in Equipment Manufacturing. They will explore the path of intelligent innovation in the equipment manufacturing industry through the combination of scientific research and intelligent production.

Zhang Hao, deputy general manager of Xintian OETECH, introduced that the company expected to achieve a revenue of 135 million yuan ($18.89 million) in 2023, a 35-percent increase from 2022.

Zhang said, "This great revenue is due to the company's continuous investment in research and development. Since 2021, the company's R&D investment has remained above 8 percent, creating favorable conditions for the development of Xintian OETECH."