Guoda Company established a 2 million yuan science and technology innovation reward fund


 

To further improve the independent innovation system, build a technologically talented team with a reasonable structure and high quality, promote the emergence of a large number of scientific and technological achievements, enhance the company's technological advantages, and promote the company's rapid transition to a virtuous cycle of innovation-driven and endogenous growth, in 2010, Guoda Company established a science and technology innovation reward fund with a total amount of 2 million yuan, giving substantial rewards to units and individuals who have made outstanding contributions to the company's internal independent innovation work.

2010 was a "breakthrough year" for Guoda Company. In accordance with the work requirements of enhancing technological innovation awareness and striving to achieve new breakthroughs in enterprise technological progress, Guoda Company formulated the "Science and Technology Innovation Reward Fund Plan," which detailed the procedures for scientific and technological innovation work, the methods of evaluation and reward, and the system of scientific and technological innovation meetings. A Science and Technology Innovation Work Evaluation Committee was also established to be responsible for holding regular science and technology innovation meetings to evaluate and reward collected topics based on their innovation and novelty, the thoroughness of the solutions, the completeness of the data, and the benefits created for the company.

The Guoda Science and Technology Achievement Reward Fund has established four levels: special prize and first, second, and third prizes. The special prize is recommended by the Evaluation Committee and then awarded a substantial reward after review by the manager's office meeting. The first, second, and third prizes are awarded by the Evaluation Committee according to the standards. In addition, the company has also established a special significance award, mainly for projects that are of significant importance to the long-term development of the enterprise, or that have a significant impact on safety, environmental protection, and social benefits, but whose benefits cannot be calculated. The Evaluation Committee will determine the amount of the award based on the specific circumstances of the project, the social benefits created for the enterprise, and the long-term impact.

The introduction of the "Science and Technology Innovation Reward Fund Plan" has greatly stimulated the enthusiasm, initiative, and creativity of Guoda's cadres and employees in carrying out scientific and technological innovation work, playing a huge role in promoting the full play of independent innovation in promoting enterprise development and achieving sustained, rapid, and healthy economic development.

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