On February 10th, 2015, LPHT was rated “outstanding technological innovation model enterprise” in Changsha Industry and Information Technology Working Conference.
The selection of "Outstanding Technological Innovation Model Enterprise" was jointly made by Commission of Industry and Information Technology of Changsha and City public letter Changsha Municipal Finance Bureau, to encourage enterprises to carry out technological innovation, enhance core competitiveness, and ultimately make and improve market-oriented technological innovation system, a combination of production and research, in which enterprises play a leading role. After the declaration, recommendation, evaluation, and publicity, LPHT was awarded the prize.
In recent years LPHT always allocates resources focusing on the core business, with R & D investment accounting for more than 5% of annual sales. On the basis of original innovation, the company takes into account the technology introduction, digestion and absorption, continuing to strengthen the combination of production and research. The company also achieves substantial development in innovation.