On July 14, Ordos Technology released information on its WeChat public platform, stating that 29 companies in Ordos City were among the top 100 R&D investments in the autonomous region. Montai Aluminum is among the top five on the list.

According to statistics, Ordos City has entered the Autonomous Region’s 2020 top 100 R&D investment enterprises, with a total R&D investment of 1.85 billion yuan, accounting for 33.8% of the total R&D investment of the top 100 companies, and enjoys a total deduction of 1.39 billion yuan in R&D expenses. The tax reduction and exemption is nearly 350 million yuan, ranking first in the region.

R&D investment is an important parameter to measure the level and strength of regional scientific and technological innovation, and is the material basis for independent innovation capabilities. Enterprises are the main body of R&D activities and the main force to promote the growth of R&D investment in the whole society.

Since the implementation of the "Science and Technology" initiative, Montai Group has conscientiously implemented the special action, guided by the development strategy of "green development of science and technology", actively promoted industrial transformation and upgrading, and built "coal-electricity-aluminum-materials-deep processing" "The goal of an integrated modern industrial system is to steadily increase R&D funding year by year, build high-standard laboratories, cooperate with domestic first-class scientific research institutes, and attract a large number of high-tech talents. Some scientific research projects have made major breakthroughs. The project of comprehensive utilization of coal ash, aluminum and silicon resources was included in the major special project of "Science and Technology to Develop Mongolia" in the autonomous region.

In the future, the company will continue to focus on the goal of building an all-aluminum industry chain, accelerate the pilot and industrial application of scientific research projects for the comprehensive utilization of fly ash, aluminum and silicon resources in the upstream, and focus on the advancement of scientific and technological research on high-end aluminum alloy materials in the downstream. Technological innovation enhances the technological content and added value of products, makes every effort to promote the high-end development of Mongolia's aluminum industry, and strives to make greater contributions to the high-quality development of the local economy and society.