On the afternoon of March 21, Shandong Sci-Tech Innovation (Huaiyin) Base invited Jinan FOOEN Equipment Installation Engineering Co., Ltd. for a roundtable discussion. The meeting focused on understanding FOOEN’ development plans after settling into the base and provided constructive feedback and suggestions on potential challenges in financing, government support, and technological innovation outlined in the company’s “Next Ten-Year Development Blueprint”.

During the meeting, Xu Jiahui, Project Director of the Shandong Sci-Tech Innovation (Huaiyin) Base, elaborated on the base’s operating model. She emphasized the integration of technology, finance (funds), and industry as the core framework—aiming to build a hub for innovation, entrepreneurship, and high-level talent while promoting the transformation of university research achievements.

Xu also noted that since its establishment, the base has offered comprehensive, tailored services to enterprises, including financing access, corporate compliance, and capital market planning. Moving forward, the base will enhance its support for FOOEN through technological and financial empowerment, intensifying cooperation to drive innovation-led development.

Meng Weixin, Deputy General Manager of FOOEN, expressed sincere gratitude. He shared that thanks to strong customer recognition and trust, FOOEN has become a leading company in oil-free air compressor rental in China, with business coverage nationwide. With guidance and support from the base, FOOEN is more determined than ever to pursue a technology-driven growth strategy. Confident in China’s economic resilience, the company plans to expand equipment investment, strengthen partnerships with universities, and increase R&D efforts to enhance technological capabilities and innovation.

About Shandong Sci-Tech Innovation (Huaiyin) Base

The Shandong Sci-Tech Innovation (Huaiyin) Base is a key incubator under Shandong Sci-Tech Group’s strategic initiative to cultivate emerging industries. It focuses on “Elderly Healthcare” and “New Generation Information Technology” and aims to become a national-level incubator within five years. The base has established collaborations with top universities such as the University of Electronic Science and Technology of China, Qilu University of Technology (Shandong Academy of Sciences), Shandong First Medical University, and the University of Jinan. Over 60% of the research teams are led by graduate-level or higher talent.