China Ordnance Industry Group Co., Ltd. recently awarded 10 million yuan to reward six scientific and technological innovation teams. The award-winning projects include the DL250 super heavy duty CNC horizontal boring lathe, the NTE260 electric wheel mining vehicle, the high-resolution OLED microdisplay industrialization, and the 16/20 superhard material synthesis process development. The group company awarded 3 million yuan for each first prize winning innovation team and 1 million yuan for the second prize innovation team. According to reports, since the "Twelfth Five-Year Plan", the Weapons Industry Group has gradually established a technical system, product system, capability system and talent system for the next 10 years and 20 years, and ranks first in the global military industry with first-class technical capabilities and brand reputation. The comprehensive strength of the three military and civilian integration industries of heavy equipment, special chemicals and photoelectric information ranks among the top in the country.
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