During the 11th “Five-Year-Plan” period, Yankuang was granted by the Ministry of Science “the National Award of Outstanding Team Performance” and was honored “the Demonstration Unit of Intellectual Property” by National Intellectural Patent Rights Bureau. The establishment of Yankuang Guotuo Science & Technology Co., Ltd. benefited Yankuang 33.28 million yuan by transferring 3 technologies. Yankuang also won a lawsuit against BP on intellectual property and has begun to transfer the core coal chemical technologies to developed countries.
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