The Industry and Information Technology Department of Jiangsu recently announced the review results of the latest batch of specialized and sophisticated small- and medium-sized enterprises (“SMEs”). Duolun Technology, with its excellent technological innovation ability, leadership in market segmentation and sustainable development potential, has successfully passed the review of Jiangsu’s specialized and sophisticated SMEs. This is the second time the company has gained provincial authoritative recognition after it was honored as a provincial specialized and sophisticated “little giant” enterprise in 2021, demonstrating its continuous presence and industry beacon status in the transportation safety field.

Accumulation: From provincial to national leapfrog development

Since it was named a Jiangsu-based specialized and sophisticated “little giant” enterprise in 2021 for the first time, Duolun Technology has always focused on its core businesses including smart vehicle administration, smart driver training, and smart vehicle inspection around the development path of “specialization, refinement, uniqueness and innovation”, establishing its differentiated competitive advantage of “technology + service”. In 2023, the company was promoted to one of the fifth batches of state-level specialized and sophisticated “little giant” enterprises, achieving leapfrog upgrading from provincial to national qualifications, and fully demonstrating its technical barriers and market competitiveness in the market segment field.

The passing of the provincial review marks the continuation of the company’s provincial honor since 2021 and also reflects the Jiangsu Provincial People's Government's affirmation of its continuous innovation ability. According to the Three-Year Action Plan on the Upgrading of over 1,000 Firms in Jiangsu, specialized and sophisticated enterprises need to ensure technological leadership and growth through a dynamic review mechanism. Duolun Technology, with solid investment in research and development and the ability to translate results, performs well in this regard.

Innovation-driven growth: Core technologies create the industry moat

As a high-tech enterprise based on technology, Duolun Technology has long been deeply engaged in the transportation ecosphere with coordinated development of "people, vehicles and roads", and has accumulated a large number of independent intellectual property rights and core technologies. Based on its core business segments like smart vehicle administration, the company has developed full-chain digital solutions for traffic safety management, continuously expanded its service scenarios, and steadily increased its market share.

In recent years, the company has strategically made its presence in new energy, new energy storage and other emerging industries, built a complete "photovoltaic storage, charging and inspection" industrial chain, continuously deepened the integration of artificial intelligence, big data and traffic scenarios, and innovatively created integrated solutions based on cutting-edge technologies. It has made a number of breakthroughs in the research and development of new energy vehicle testing technology, the construction of integrated energy stations and innovation in charging equipment, providing replicable "Chinese solutions" for the industry.

Policy empowerment: New chapter of promoting high-quality development

This provincial recognition has further verified Duolun Technology's competitiveness in the field of road traffic safety intelligence. Currently, the company’s technological achievements have been widely used to improve traffic management efficiency and reduce the accident rate. It has participated in the formulation of multiple industry standards, becoming an important force to push forward with the initiative of building China into a country with strong transportation network.

Looking forward, Duolun Technology will further consolidate its core position in the traffic safety industry chain, continually increase investment in research and development, strengthen the deep integration of artificial intelligence, big data and traffic management, and strive to make breakthroughs in frontier fields, such as vehicle-road collaboration and autonomous driving, create "hard support" for high-quality economic development, and offer more "Duolun solutions" to the initiative of building China into a strong power in the transport sector.