Recently Guangdong Provincial Department of Science and Technology, Department of Finance of Guangdong Province, Guangdong Provincial Office State Administration of Taxation, and Guangdong Local Taxation Bureau notified that CGN-Delta (Zhongshan) Polymer Co.,Ltd. (hereinafter referred to as “Zhongshan Delta”) was awarded National High and New Technology Enterprise. Certificate number is GR201444000710, and the validity is three years, from Jan. 1st, 2014 to Dec. 31st, 2016.

To achieve the strategic objective of becoming National High and New Technology Enterprise, in the first half of 2014, Zhongshan Delta set up a “High and New Technology Enterprise” application team, and it took half a year to prepare documents and do project application. Under strict evaluation and approval, we went through local primary approval, expert review, national reexamination, publicity, and such strict procedures, and finally got the honor. National High and New Technology Enterprise is one of the top scientific and technological innovation awards. The identification of National High and New Technology Enterprise is a supportive policy for high technology enterprises which own independent intellectual property rights. The identified National High and New Technology Enterprises can enjoy the preferential income tax policies.

This identification of High and New Technology Enterprise means that the technology innovation of Zhongshan Delta in new polymer materials industry has been affirmed by related national departments. And the preferential tax policies will offer financial support and guarantee for innovation capacity of Zhongshan Delta in new polymer materials industry.