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The recent series of measures introduced by Xiamen City to support the development of "Three High" enterprises—those with high growth, high technology, and high added value—has been a source of great encouragement for us. These measures, which address issues such as land use, taxation, financing, and housing for talent, reflect Xiamen City's confidence and determination to grow and strengthen its real economy. Notably, the policies aimed at encouraging enterprises to increase production and efficiency, enhance research and innovation capabilities, and strengthen the supply of talent resources, are particularly beneficial for helping more small and medium-sized enterprises overcome development barriers.
Especially in terms of talent acquisition, the policies provide attractive incentives, such as individual income tax reductions, support for residency registration, and the provision of affordable rental housing for high-end talent, thereby increasing the appeal of enterprises to top talent. As a company primarily engaged in overseas business, we suggest that the government introduce more tax-related support policies specifically for import and export operations, which would help companies expand their international presence.
As a "Three High" enterprise that has grown up in Xiamen, Potent has always adhered to the corporate spirit of "Sharing, Innovation, Service, and Perfection." We continuously develop new products and have obtained several national patents. We have undertaken various design, prefabrication, and installation projects for belt conveyors, steel structure transfer stations, trestles, and round and square coal storage bins for thermal power plants owned by companies such as Taiwan's Formosa Plastics Group, as well as in the United States, Australia, Indonesia, the Philippines, Vietnam, and major Chinese power companies like Huaneng, Huadian, and Guodian.
We will use the launch of these supportive policies as an opportunity to increase investment in technology research and development, with technological innovation leading the way for the company's growth. We will accelerate business expansion and strive to transform these policies into real productive forces, pushing the company's development to new heights.
Xiamen Daily, October 29, 2019