威海税务：做好产业创新税务合规的“安全卫士”

Core Viewpoint - Shandong Baishengyuan Group has transformed into a leading manufacturer of plywood processing equipment, supported by favorable tax policies and a focus on innovation, enabling the company to enhance efficiency and expand its market reach globally [1][2][3] Group 1: Company Overview - Shandong Baishengyuan Group, established in 1956, specializes in manufacturing complete sets of plywood equipment and exports to over 60 countries and regions [1] - The company has developed high-efficiency and high-precision equipment, such as an automatic drying machine valued at 7 million yuan, which improves efficiency by 30% compared to traditional equipment [1][2] Group 2: Innovation and R&D - The company allocates 8% of its annual revenue to R&D, focusing on overcoming bottlenecks in the plywood equipment industry, resulting in breakthroughs in key technologies [2] - In the first half of 2025, the company benefited from a tax deduction of 1.9 million yuan for R&D expenses, facilitated by supportive tax policies [2][3] Group 3: Tax Policy Support - The local tax authority provides comprehensive support throughout the company's development cycle, including regular tax health checks and guidance on policy compliance [3] - The tax department helps the company accurately categorize R&D expenses, preventing tax risks associated with policy misunderstandings [3] Group 4: Achievements and Recognition - Baishengyuan Group has received multiple accolades, including national high-tech enterprise status and recognition as one of the top ten innovative enterprises in the woodworking machine tool industry [3] - The company has also achieved EU CE safety certification, further enhancing its credibility in the international market [3]