On April 27th, the Baotou Rare Earth High tech Zone Market Supervision and Urban Management Bureau (Intellectual Property Office) held the "2023 Intellectual Property Work Promotion Meeting". The theme of this intellectual property day is "strengthening the legal protection of intellectual property rights and strongly supporting comprehensive innovation".

The Rare Earth High tech Zone has released the "2023 Baotou Rare Earth High tech Zone Star Enterprise Patent Strength Evaluation Ranking List". In the list, Inner Mongolia North Heavy Duty Truck Co., Ltd. (hereinafter referred to as "North Co., Ltd.") has once again been awarded the title of "Five Star Enterprise in Patent Strength Evaluation", with a patent strength score of 100%!

The evaluation of patent strength focuses on the patents of high-tech zone enterprises. Based on several dimensions such as the number of effective patents, patent quality, market coverage, technological influence, and market validated value, the comprehensive strength of enterprise patents is obtained by integrating various innovative data such as legal and operational data.

In recent years, the patent of North Corporation has won many awards. In 2021, ZL201710375374.5 (starting voltage drop control circuit of electric wheel mining vehicle) won the "20th China Patent Excellence Award" of the China National Intellectual Property Administration. In 2022, ZL201510249887.4 (an assembly mechanism of front wheel bushing of off-road mining vehicle) won the "Most Valuable Patent Award". If the patent is strong, the enterprise will be strong, The award not only fully recognizes the intellectual property work of Northern Stock, but also helps the company to further carry out independent innovation and intellectual property protection work, continuously improve core competitiveness, and contribute innovative forces to the company's development.

The company mainly sells TEREX spare parts for Terex off-road rigid dump trucks, including TR100, TR50, TR60, TR353307/3305 series products. Terex spare parts include TR100, MT3700, MT4400, MT5500, Terex spare parts, and other mining dump truck components such as Allison transmission parts, Cummins engine parts, hydraulic seals, high and low voltage harnesses, hydraulic cylinders, machined parts, gears, and chassis series.

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