Manufacturer Jiangsu Excalibur Power Machinery, located in the Xinghua Economic Development Zone in Xinghua city, East China's Jiangsu province, was recently recognized as a provincial-level gazelle enterprise.
Gazelles refer to young, fast-growing and innovation-driven enterprises that are often found in the technology industry.
Founded in 2014, Jiangsu Excalibur Power Machinery is a national high-tech enterprise specializing in the research and development and production of small and efficient dynamic machinery.
The company focuses on technological and management innovation and has established long-term industry and research relationships with a raft of universities.
It has built a number of research centers, including the Taizhou High Efficiency Dynamic Machinery Engineering Technology Research Center, the Taizhou Enterprise Technology Center and the Taizhou Green Low Carbon Intelligent Generator Engineering Research Center.
The company possesses 42 authorized patents, including five authorized invention patents.
Gazelle enterprises are powerful engines driving regional economic transformation, upgrading and innovative development, as well as important forces in developing new quality productive forces.
Plans are for the zone to further attract innovative elements and optimize its resource allocation to provide full lifecycle services for business innovation and development.