Innovative small and medium-sized enterprises possess a relatively high level of specialization, strong innovation abilities, and development potential, serving as the fundamental force of leading small and medium-sized enterprises.

The evaluation of innovative small and medium-sized enterprises includes three categories: innovation ability, growth potential, and specialization, covering six indicators, or meeting one of the following conditions:

1. Won national or provincial science and technology awards within the past three years.

2. Obtained honors such as high-tech enterprises, national technology innovation demonstration enterprises, enterprises with intellectual property advantages, and intellectual property demonstration enterprises (all within the validity period).

3. Owna R&D institution recognized at or above the provincial and ministerial level.

4. The total amount of newly added stock equity financing (the paid-in amount by qualified institutional investors) is more than 5 million yuan within the past three years.

Wuxi Yolico Electric Co., Ltd. has been committed to designing, development, production, and selling various frequency converters and providing solutions for electrical drive control with advanced technology. Due to outstanding self-research capabilities, our products have obtained a number of high-tech qualifications and multiple patents. We continuously explore new technologies and solutions to provide customers with leading and reliable products and services. The inclusion in the Provincial Innovative Small and Medium-sized Enterprisethis time is not only the recognition of our core capabilities by the government departments, but also an incentive and encouragement for our future development. We will adhere to scientific and technological innovation as the driving force and strive for greater progress and improvement in its innovation and comprehensive strength, create more enterprise value, and contribute to the innovative development of the national economy.