On August 28th, 2008, Powerway has been granted by Intellectual Property Office and Economic and Trade Commission of Zhejiang province as “Patent Demonstration Enterprise 2008 in Zhejiang Province”. It’s another honor Powerway has obtained after “Patent Demonstration Enterprise in Ningbo” in November 2006.

With rapid research development, Powerway has made dramatic breakthrough in patent applications. Up to now, Powerway has successfully applied 23 patents, among which there are 1 international patent invention, 18 state patent inventions, 2 patents of utility model and 2 design patents. Since 2006, Powerway applies for 4.3 patents annually.