Inner Mongolia Baogang Steel Union Co, a Baotou-based steel manufacturer, held 301 patent applications and 229 patents in 2017, ranking first in the autonomous region, reports Baotou Daily.
The number of patent applications and authorizations accounted for 2.5 percent and 3.6 percent of the autonomous region’s total respectively.
In recent years, the number of patent applications and authorized quantities of Baogang Steel Union has increased drastically. The number of patent applications has exceeded 300 for five consecutive years, and the number of patents granted has been running at more than 200 per year. In the past five years, the number of patent applications and authorizations has exceeded the sum of the previous decade.
Seamless steel tubes produced by Inner Mongolia Baogang Steel Union Co [Photo/btsteeltube.com]