Last year, Panda Electronics seized the development opportunities of digital economy and new generation information technology, took the market as the guidance, and focused on the leading businesses including new smart city, intelligent manufacturing and electronic manufacturing service, accelerated the improvement of scientific and technological innovation system, promoted the transformation of scientific and technological achievements, which provided the supports for further improving the construction quality of scientific research platform and independent innovation ability and strengthening the core competitiveness of the company.

The company strengthens the cooperation with colleges and universities to promote the transformation of scientific and technological achievements. In the joint innovation with universities and scientific research institutes, the company strengthens the cultivation of long-term technical ability, increases the investment in technology research and development, promotes the adjustment of product structure, and forms the joint force of innovation.

The company further establishes and improves the technological innovation mechanism and system to stimulate the innovation and creativity of enterprises. Last year, the company invested more than 200 million yuan in science and technology, closely following the market development trend, seizing the opportunity to establish the brand. Last year, two new scientific research and technology centers above the municipal level and one new "Jiangsu graduate workstation" were added. At present, the company has 8 science and technology institutions above the municipal level, 4 enterprise technology centers and 4 Jiangsu graduate workstations, which has laid a good foundation for attracting, retaining and cultivating talents.

Scientific and technological innovation achievements are constantly emerging, and scientific research ability has been significantly improved. Last year, there were eight scientific and technological achievements won the science and technology awards from the government, industry associations and CEC, further enhancing the company's core competitiveness and providing strong momentum for the company's high-quality development.