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Good News | Hwaway Technology Recognized as a "2025 Zhejiang Provincial Key Enterprise Research Institute"!

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Recently, the Department of Economy and Information Technology of Zhejiang Province released the list of recognized provincial key enterprise research institutes for 2025. The "Zhejiang Provincial Key Enterprise Research Institute for Automotive Springs" built by Hwaway Technology was successfully selected.

The recognition criteria for Zhejiang Provincial Key Enterprise Research Institutes are stringent, covering six dimensions: pre-carrier, revenue and R&D investment, talent team, R&D hardware, intellectual property rights, and compliance.

This selection marks another breakthrough in the company’s provincial-level R&D platform development, following honors including National High-Tech Enterprise, Zhejiang Provincial Enterprise Technology Center, Zhejiang Provincial Enterprise Research Institute, and Zhejiang Provincial Industrial Design Center.It represents high recognition of Hwaway’s years of dedication in the high-end spring sector, and further confirms the company’s profound accumulation in establishing a robust R&D system and building technological barriers.It signifies a triple authoritative certification of the company’s R&D system in terms of technical strength, innovation management and industry status, providing innovative impetus for leading the high-quality development of Zhejiang’s auto parts industry.

As a leading enterprise in China’s automotive spring industry, Hwaway Technology specializes in the R&D and manufacturing of core products including automotive suspension springs, brake springs and stabilizer bars, with its comprehensive strength ranking among the top in the domestic industry.The company has long taken “innovation-driven” as its core development strategy, and has been granted more than 100 national patents, building a solid technological barrier.It has also established stable cooperative relationships with many well-known domestic and international vehicle and component manufacturers.

From a provincial-level enterprise research institute to a provincial key enterprise research institute, and from a domestic leader to stepping onto the international stage, Hwaway Technology takes innovation as its wing and continuously breaks through development boundaries.This honor is not only a milestone, but also a new starting point.

In the future, relying on the Zhejiang Provincial Key Enterprise Research Institute for Automotive Springs as a platform, Hwaway will continue to deepen technological innovation and empower industrial upgrading.It will steadily advance toward the vision of “building a globally competitive spring brand” and contribute more to the high-quality development of Zhejiang’s manufacturing industry.

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