Looking back, 2021 was a year of major project development, many honors and major technical breakthroughs for FuYuan.
It was a year of major projects. The "20,000 air-bearing blower main units per year" project went into production ahead of schedule and was selected both as a project under Shandong Province's program for replacing old growth drivers with new ones and for the province's fiscal award and subsidy scheme for intelligent technical upgrading; the "5,000 air-bearing centrifugal compressors for hydrogen fuel cells per year" project was selected as a major demonstration and pilot project for the hydrogen industry in Shandong Province during the 14th Five-Year Plan period; and the "industrialization of turbochargers for large ships" project was selected for Weifang's fiscal award and subsidy scheme for commercializing scientific and technological achievements through a new round of high-level technical upgrading.
It was a year of major technical breakthroughs. 16 patents were granted during the year. The project "Research on key technologies and industrialization of air-bearing centrifugal compressors for hydrogen fuel cells" was selected as a major technology research project under Shandong Province's program for replacing old growth drivers with new ones. "Development and application of the air-bearing blower" was included in the Weifang Science and Technology Development Plan and won the Second Prize of the Weifang Science and Technology Progress Award. The Taishan Industry Leading Talent project on turbochargers for large ocean-going ships was rated "excellent" at its mid-term review; its core indicators are better than those of comparable foreign products, making it possible to replace imported turbochargers for large ocean-going ships with a domestic product.
It was a year of many honors. The company was named a national "Little Giant" specialized-and-innovative enterprise and a Shandong Province technology innovation demonstration enterprise; 12 air-bearing blower models were included in the national Recommended Catalog of Industrial Energy-Saving Technologies and Equipment; the air-bearing blower (pressure and vacuum versions) was included in Shandong Province's guidance catalog for the promotion and application of first-of-a-kind technical equipment; and the air-bearing centrifugal compressor for hydrogen fuel cells won a second prize in Weifang's "Mayor's Cup" Industrial Design Competition.
2021 was a year of growth and reward for FuYuan, a year of leapfrog development and, above all, a year of setting sail and forging ahead.
