Leo Group wins the State Science and Technology Progress Award

WENLING, China, July 22, 2015 /PR Newswire/ -- Leo Group Co., Ltd. (SZSE: 002131), a China-based high and new technology company with a government rating as a national-level enterprise and the first publicly traded company in the country's pump industry, has implemented an industrial development model that brings together the internet and machinery manufacturing onto one business platform.

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Manufacturing of machinery and equipment has been Leo Group's traditional mainstay. The group leads in China's pump industry, with the most comprehensive product line, the largest capacity and the highest level of production and exports. Main products include pumps used in civil and industrial engineering projects. Pumps produced for the civil sector include pumps for domestic and commercial as well as agricultural irrigation purposes. Industrial pumps focus on seven major sectors, including water, power generation, nuclear power, oil, metallurgy, chemicals, mining and steel production, and are widely used in the petrochemical and chemical industries, thermal power plants, nuclear power plants, water conservancy projects, the construction industry, sewage disposal, seawater desalination, as well as across the mining and metallurgy industries.

Leo Group has the industry's only enterprise technology center rated by the Chinese government as a national-level producer, and its products have been highly acclaimed by the market for their superior quality. Civil and construction engineers the world over recognize a pump with the "LEO" trademark as a dependable and high quality China-made product.

The State Science and Technology Progress Award is one of five state-level science and technology awards established by the State Council, which include the State Pre-eminent Science and Technology Award, the State Natural Science Award, the State Technological Innovation Award, the State Science and Technology Progress Award and the International Science and Technology Cooperation Award. On December 12, 2014, Leo Group's High-Efficiency Centrifugal Pump Theory and Key Technology Research and Engineering Application project won second prize at the State Science and Technology Progress Awards.

In implementing the research and engineering application project, the Leo Group finally realized its goal of being able to locally produce high-end national defense and special-purpose industrial pumps in China, using a hydraulic design method and key technologies based on an innovative centrifugal pump flow numerical modeling and testing technology. Since implementing the project, the company has applied such technologies in the energy-saving design and operation of its widely used industrial and agricultural centrifugal pumps, promoting the sound and fast development of the pump industry.

The award not only recognizes the technologies and achievements of Leo Group's national technology center, but also serves to encourage the firm to pursue yet loftier goals and achievements in terms of its technologies.