On March 19, 2023, the 7th China Industrial Award press conference was grandly held at the Friendship Hotel in Beijing. Vice Chairman of the Standing Committee of the Tenth National People's Congress, Gu Xiulian, and leaders of relevant national departments attended the press conference. The leaders of award-winning enterprises and the heads of various provincial and municipal trade and economic federations across the country attended the press conference. Li Fuxi, Chairman of Bengbu Shuanghuan Electronics Group Co., Ltd., and Shao Jianqiang, Deputy General Manager, were invited as representatives of the award-winning units to attend the award press conference. In the list of winners of the 7th China Industrial Award released at the meeting, Shuanghuan Group's "Research and Industrialization of Precision Resistors for High end Equipment" project won the China Industrial Award.

The China Industrial Award is the highest award in China's industrial sector approved by the State Council, reflecting the highest level of industrialization in China. It aims to recognize industrial enterprises and projects that represent the highest level of industrial development and have made significant contributions to enhancing comprehensive national strength and promoting national economic development. It aims to establish a group of excellent benchmark enterprises and projects to promote high-level technological self-reliance and modernization of product chains The focus is on achieving high-quality development in the manufacturing industry, demonstrating a strong guiding role and driving the formation of a large number of enterprises with core competitiveness. Organized and implemented jointly by the China Federation of Industrial Economy and 12 national industry associations, the commendation results are approved by the leadership of the State Council and selected and commended every two years.

The "Research and Industrialization of Precision Resistors for High end Equipment" project is an industrial transformation and upgrading project implemented by the Ministry of Industry and Information Technology after the National Industrial Strong Foundation Project undertaken by Shuanghuan Group. After the completion of the project implementation, all indicators met the project goals, breaking through foreign technological blockades and barriers. The project products filled the domestic gap, achieving the goal of "filling the gaps" in the industrial chain, solving the "bottleneck" key technologies and technological and production capacity bottlenecks faced by the industry in China, and enhancing the supporting capacity of basic components in the high-end equipment industry. The project products have technical indicators such as high reliability, high working temperature range, high precision, and low temperature drift, and are widely used in high-end equipment fields such as aerospace, aviation, shipbuilding, industrial automation, drones, and the Internet of Things. They have significant economic and social benefits and have made due contributions to China's economic construction. The award of the project will greatly enhance the brand value and social influence of Shuanghuan Group, enhance confidence and motivation for its business development, and continue to promote the high-quality development of Shuanghuan Group in the future.

People feel refreshed during happy events, and after the meeting, Chairman Li Fuxi said with a cheerful expression, "This award is a great encouragement to all employees of Shuanghuan. Being able to obtain this noble honor is inseparable from the hard work of all employees of Shuanghuan, the hard work of Shuanghuan's management team, and the strong support of government departments. After receiving the award, Shuanghuan people will not only fulfill their mission, but also forge ahead and closely focus on the work of Shuanghuan." "Our corporate vision is to continuously operate and strive to build a world-renowned brand of Shuanghuan electronic components. We strive to fulfill our corporate mission of" manufacturing first-class electronic components and promoting the progress of China's electronic component industry