As a joint-stock enterprise invested by both natural person and artificial person ( Zhejiang University) in October 2002, Zhejiang University Mingquan Technology Co., Ltd. is currently a technology-type manufacturing establishment with research and development as priority, a country-level high-tech enterprise and a key high-tech enterprise of national torch program, occupying business buildings of nearly 4000 square meters and managing employees in service of about 70 persons, 90% of whom have the education backgrounds above junior college. As an excellent high-tech enterprise of Chinese automobile testing industry and a professional domestic automobile testing instruments manufacturing enterprise, the company was awarded the “Zhejiang Provincial High-Tech Enterprise Research & Development Center " for its research and development center in 2012.