Xinhai always pays close attention to technological innovation. Adhering to the core concept of technology achievement future and technology as the first productivity. In response to the various technical problems encountered in mining, Xinhai set up Shandong Xinhai Mining Design Institute, developing special research and project technology. With its high attention and vigorous pursuit to technology, Xinhai has achieved many technological achievements, up to now Xinhai has got 88 patents, another 15 patents are into the review stage. Besides, considering the market and customer demands, the existing technical level and the advanced requirements for equipment in mining industry, Xinhai independently selects subjects and develops new products.