In order to guide and encourage enterprises in our province to develop independent innovation, Powerway is titled as one of the five innovative business models in Zhejiang Province by the provincial Science and Technology Agency, Economic and Trade Commission, Department of Finance, the SASAC, the financial Office, the Quality and Technical Supervision, and Federation of Trade Unions. Powerway has been one of the leader manufacturers which are capable to produce all kinds of copper alloy wire and bar in best quality through continuous innovation. Its R & D center is focus on the research of new materials and new equipment, and has become the most powerful R & D institutions in this industry.