Bao Haichu: Chairman of Jingjiang Haihong Plastic Technology Co., Ltd.

Giving full play to your technical expertise and choosing an industry field you are familiar with is the key to choosing a business direction and a successful business. Bao Haichu is a model in this regard. Before starting a business, he was the head of the technical department of a company, organized and participated in the compilation of the industry standard of "marine flame retardant rubber floor", and is a senior engineer. A strong sense of innovation and entrepreneurship and keen insight into market demand prompted him to decisively establish Jingjiang Haihong Plastic Technology Co., Ltd., which is the first domestic company to produce plastic pipes for water supply and drainage and its accessories for ships. "Jiangsu High-tech Enterprise".

Bao Haichu pays special attention to technological innovation and invention and creation. Taking science and technology as the guide and innovation as the driving force, he strengthens the cooperation between production, education and research with scientific research institutions. With the help of the technology platform that the enterprise has established, he increases investment in new product development, and cooperates with various supporting facilities. Enterprises cooperate closely to achieve "produce one, develop one, reserve one", enter other fields from ship water supply and drainage, ballast, and continuously develop new products with high technology content and large market potential , so that the enterprise maintains sufficient development potential. In terms of talents, it has built a R&D team that is technologically innovative and united, established a good talent incentive mechanism, and implemented the concept of "retaining people for career, treatment, and emotion". Technicians with great potential go to domestic and foreign famous universities for further study, creating a high-quality R&D team.

Since 2004, the company has obtained 2 invention patents and 8 utility model patents. The contribution rate of new products exceeds 90%. In the first half of the year, it achieved an operating income of 35.42 million yuan, a total profit of 5.45 million yuan, and paid taxes of 3.71 million yuan, and continued to move towards becoming a high-tech innovative enterprise leading the industry.