Zhejiang Innovative SME

Zhejiang Innovative SME

SINOMOULD Selected for Zhejiang Provincial Innovative SME List

In 2025, the Zhejiang Provincial Department of Economy and Information Technology announced the third batch of innovative SME lists for 2025. SINOMOULD, with its technological innovation capability, growth potential, and professionalisation level in the precision injection mould field, was successfully selected for the Zhejiang Provincial Innovative SME list. The Zhejiang Provincial Department of Economy and Information Technology organised the evaluation in accordance with the Interim Measures for the Gradient Cultivation and Management of High‑Quality SMEs (MIIT Enterprise [2022] No. 63) issued by the Ministry of Industry and Information Technology. “Innovative SMEs” are the foundational tier in the high‑quality SME gradient cultivation system (Innovative SMEs, Specialised and Sophisticated SMEs, and National “Little Giant” Enterprises). Inclusion signifies that the enterprise has a high level of professionalisation, strong innovation capability, and significant growth potential.

Full Compliance Across Three Dimensions and Six Indicators

The evaluation criteria for Zhejiang Provincial Innovative SMEs cover three dimensions – innovation capability, growth potential, and professionalisation – with six indicators in total. The enterprise is required to achieve a score of ≥60 points, of which the innovation capability dimension must score ≥20 points, and both the growth potential and professionalisation dimensions must score ≥15 points – with no major safety, quality, or environmental accidents in the past three years. SINOMOULD holds multiple Category I intellectual property rights (including invention patents) in mould structural design and hot runner system optimisation – meeting the requirement that one or more Category I IP rights can score 10‑20 points in the innovation capability dimension. SINOMOULD’s precision injection mould products fall within the high‑end equipment manufacturing sector of the strategic emerging industries, with revenue from its main products accounting for over 50% of total operating revenue in the same period – achieving full marks in the professionalisation dimension. The company has passed ISO9001, ISO14001, and ISO45001 certifications, with R&D investment consistently maintained at over 3% and quality control management meeting the evaluation standards.

Strengthening the Gradient Cultivation Foundation – Advancing Toward Specialisation and Sophistication

“Innovative SMEs” are the foundational tier in the high‑quality SME gradient cultivation system. Inclusion signifies that the enterprise meets provincial high‑quality SME standards in professionalisation, innovation capability, and growth potential. SINOMOULD had previously been recognised as a National High‑Tech Enterprise, a China Key Backbone Mould Enterprise, and a National Intellectual Property Advantage Enterprise, and has established a provincial‑level high‑tech enterprise R&D centre and a provincial‑level enterprise research institute – with systematic R&D capability in mould design innovation and precision manufacturing. Its inclusion in the provincial Innovative SME list further consolidates SINOMOULD’s foundational position in the high‑quality SME gradient cultivation system.

Customer Value: Partnering with a Provincial‑Recognised High‑Quality Growth Enterprise

SINOMOULD’s selection as a Zhejiang Provincial Innovative SME demonstrates that the company has passed rigorous provincial review across three dimensions – technological innovation capability, growth potential, and professionalisation. As a foundational tier in the “Specialised and Sophisticated” enterprise cultivation pipeline, this recognition provides government‑authoritative endorsement of SINOMOULD’s R&D investment, intellectual property accumulation, and market growth. Choosing SINOMOULD means partnering with a stable, growing enterprise that meets provincial high‑quality SME standards.

Validity and Ongoing Compliance

According to the designation rules, the Innovative SME title is valid for three years. Recognised enterprises must continuously meet the evaluation criteria during the validity period and update enterprise information through the cultivation platform by May 31 each year. Upon expiration, the municipal bureau of economy and information technology will organise a review (including on‑site spot checks). If the review is passed, the validity will be extended for another three years. SINOMOULD will continue to advance technological innovation and professionalisation development to high standards, consolidating its leading position in the precision injection mould field.