Recently, the Provincial Department of Science and Technology released the list of "Top 100 Enterprises with Technological Innovation Capabilities in Zhejiang Province in 2014," and Zhejiang Lianyi Motor Co., Ltd. was among them. "Innovation is our key to success. Only through innovation can we promote product transformation and upgrading and seize higher industrial ground." This is what Cao Shengwei, brand director of Lianyi Motor Company, said when talking about the secret to the company's development.

The company has been committed to innovation in energy conservation, environmental protection, and the health and leisure industry. It has formed four major categories of products: energy-efficient motors, speed reducers, electronic products, and electrical products, with more than 300 specifications, more than 3,000 varieties, and an annual production capacity of 6.8 million units. Products are exported to more than 100 countries and regions in Europe, America, Oceania, and Southeast Asia. As an industry leader, Lianyi Motor Company's annual investment in R&D is leading in the industry.

Lianyi Motor Company has long established an employee innovation award. Any improvements and innovative measures that benefit the company's development and improve efficiency can be rewarded, ranging from a few tens of yuan to over a thousand yuan. At the end of the year, special awards can also be given based on the "innovation score," and this is linked to employee evaluation and promotion.

Since 2009, Lianyi Motor Company has implemented a "naming innovation achievements with employee names" system in addition to the innovation award. As long as employees have innovations or unique skills in operation, management, or processes, they can not only receive material rewards but also have their names used to name the achievement. Hu Quanming, a 23-year-old welder, transformed the purely textual version of the welding operation specifications into a visually intuitive graphic version suitable for people of different educational backgrounds, greatly improving the product qualification rate. This achievement was named "Hu Quanming's Stator Welding Method".

These measures have effectively stimulated employees' innovation enthusiasm, and a strong atmosphere of mutual learning and comparison has been formed within Lianyi Motor Company.

In addition to internal potential development, Lianyi Motor Company also pays attention to external leverage, and the academician workstation is an important carrier. Lianyi Motor Company established a relationship with academicians as early as 2004. At that time, the company, as the team leader in drafting the national standard for brushless DC motors, organized a seminar in Dongyang. It happened that Academician Tang Renyuan of the Chinese Academy of Engineering attended the meeting, and the two sides hit it off during the exchange and discussion, establishing a cooperative relationship. In 2011, the Lianyi Motor Academician Expert Workstation was officially established. Tang Renyuan and his team regularly conduct technical guidance and personnel training at the company, and Lianyi Motor Company has provided a dedicated office space to facilitate the work and life of academicians and experts in Dongyang. Currently, the academician workstation has 112 technical personnel, including 1 academician, 1 "National Thousand Talents Plan" talent, 20 doctoral candidates, and 35 senior engineers. In 2011, it became a municipal-level academician expert workstation in Jinhua. The company has also cooperated with Tsinghua University, Xi'an University of Electronic Science and Technology, Northwestern Polytechnical University, and the Shenyang Institute of Automation, Chinese Academy of Sciences to establish academician expert teams, achieving good results.

Currently, Lianyi Motor Company has more than 2,000 patents, including more than 220 invention patents and more than 200 foreign patents, making it a major patent holder in the industry. These achievements are inseparable from the establishment of the academician expert workstation. It is understood that the technical achievements from the cooperation between Lianyi Motor Company and academician experts have generated nearly 300 million yuan in additional sales, more than 300 new jobs, and 10 million yuan in economic benefits through intellectual property transfer.

Lianyi Motor Company also focuses on establishing a standardized system to improve the brand value of the enterprise. Within Lianyi Motor Company, the Standardization Management Committee is the highest management body for standardization. The director of the Standardization Management Committee Office is concurrently held by the company's general manager, responsible for the establishment, implementation, and supervision of the enterprise's standardization system and handling the daily affairs of the standardization committee. The Standardization Management Committee clarifies the standardization system that each department is responsible for. In the process of formulating and improving the standardization system table, various departments fully negotiate and discuss to reach a unified opinion.

Last December, at a technical achievement bidding auction, Lianyi Motor Company defeated two other companies in the province and won the "key technology of high-precision servo drivers" from Zhejiang Tsinghua Long Triangle Research Institute at the highest single-item transaction price of 4.8 million yuan. As a leading servo motor research center in China, the research institute represents the highest technical level in China's servo field. After the implementation of the project, it significantly reduced Lianyi Motor's production costs, improved product cost-effectiveness and international market competitiveness, and significantly increased the company's export volume. At the same time, it improved the technical content of the company's products and accelerated the company's transformation and upgrading. Since the project's industrialization in 2013, it has achieved sales revenue of 15.4081 million yuan, profit of 1.6426 million yuan, and created more than 70 jobs.