According to the "Notice of shanghai municipal commission of economy and information technology on announcing the list of "specialized special new" enterprises in Shanghai in 2022 (the first batch)" recently issued by Shanghai, STEP and its subsidiary Shanghai STEP Electric Corporation were identified as "2022 Shanghai 'Specialized Special New' Enterprises (First Batch)" by virtue of their professional standards and innovative strength in their respective fields, with a validity period of three years.
"Specialized and special new enterprise" refers to an enterprise with the characteristics of "specialization, refinement, specialization and novelty", which comprehensively examines the indicators of enterprise professionalism, innovation ability, operation and management, etc., and requires enterprises to focus on subdividing tracks, have cutting-edge innovation capabilities and master key core technologies in the field.
The two companies were identified as "specialized and specialized" enterprises in Shanghai, which is a high recognition of its R&D and innovation capabilities, core technologies, management systems and other aspects in the fields of elevator control, frequency conversion drives, motors, intelligent manufacturing, etc., and is also a full affirmation of The comprehensive strength of Xinshida's business development and market competitiveness.
It is worth mentioning that another subsidiary of Xinshida, Shanghai Xinshida Robot Co., Ltd., has been identified as a "specialized and special new" enterprise in Shanghai for the first time in 2016, and has successfully passed two reviews.
In the future, Xinshida will better focus on core business, improve professional services and refined management, continuously improve independent innovation capabilities, continue to increase investment in research and development, and enhance the company's core competitiveness.

