The year 2018 marks CECEP’s “Year of Technological Innovation.” The company has accordingly formulated Action Plan for Technological Innovation (2018), and the first group of 18 key innovation projects have been kicked off. So far, CECEP has set up 89 research and development institutes at various levels, including four national R&D institutes, 29 provincial- and ministerial-level institutes and one overseas R&D institute, and received 214 scientific research awards at and above the provincial and ministerial level, including a First Prize of State Technological Invention Award (2015), a Second Prize of National Science and Technology Progress Award (2016) and a Second Prize of National Science and Technology Progress Award (2017), alongside 2,183 authorized patents and 466 authorized intention patents. In addition, it has played a lead role in 200 scientific research projects at and above the provincial and ministerial level, and presided over and participated in the formulation of 269 national and industry standards.