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the company uses a variety of models such as licensing, transfer, and pledge financing to activate the economic value of intellectual property and realize the rapid industrialization of patented technologies. at present, 90% of patented technologies have been transformed into actual productivity." said fu ling, vice president and chief engineer of zoomlion heavy industry science & technology co., ltd.

on september 4, the national intellectual property administration and the hunan provincial government jointly held a conference in changsha to promote the construction of a "three highs and four new" intellectual property power province. at the conference, hunan university, china railway construction heavy industry, zoomlion heavy industry science and technology and other universities and enterprises in changsha shared typical experiences in intellectual property work. in the journey of building a strong intellectual property province, changsha's role as the provincial capital can also be seen.

as a national demonstration city for the construction of a strong intellectual property city, changsha has received good news this year: it was approved as a national intellectual property protection demonstration zone construction city; changsha’s innovative practice of "innovative intellectual property financial services to accelerate the aggregation of production, research and financial resources" was promoted nationwide as a key case; changsha’s public security experience in protecting intellectual property rights was recommended by the ministry of public security; in the preliminary report of the "global innovation index report 2024" released by the world intellectual property organization, changsha's ranking in the top 100 global technology clusters rose to 32nd place.

climbing high: more than 67 valid invention patents per 10,000 people

an important part of the intellectual property powerful province promotion conference was to award two hunan projects that won the 24th china patent gold award. zoomlion's "boom monitoring method, system, engineering machinery and machine-readable storage medium" was one of them.

this invention patent breaks through industry difficulties and is applied to 72 products in five major series of construction machinery, ensuring the safety of major national engineering construction.