Three subsidiaries of Inner Mongolia First Machinery Group Co – Hongyuan Electric Co, Ruite Precision Mold Co, and Shenlu Welding Industry Co – have recently been recognized as "National High-Tech Enterprises" for 2023.

The title of National High-Tech Enterprise is one of the highest honors recognizing sci-tech enterprises in China.

Hongyuan Electric Co has been deeply involved in advanced manufacturing and automation, automotive and rail vehicle-related technologies, and automotive key component technologies.

Over the past three years, it has invested 120 million yuan ($16.74 million) in research and development, with its high-tech product revenue reaching 378 million yuan. To date, the company has received two national defense patent awards, owns 78 authorized patents, and has been recognized as a national high-tech enterprise five consecutive times.

Ruite Precision Mold Co has actively explored mechanical, hydraulic, and electronic control composite directions this year, conducting relevant technical research.

Ruite has independently developed 19 projects, including high-performance unmanned equipment systems and key systems for amphibious special vehicles and obtained nine intellectual property rights. It was recognized as a national high-tech enterprise four consecutive times.

Shenlu Welding Industry Co has been continuously promoting the iterative upgrade of welding material products. In recent years, the company has obtained one invention patent and three utility model patents and has been recognized as a national high-tech enterprise two consecutive times.