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State-owned enterprises in Shandong are significantly increasing their R&D investment, from 25.57 billion yuan ($3.65 billion) in 2020 to 52.91 billion yuan by 2024. This investment supports innovations across various sectors.

Shandong Energy Group has developed intelligent deep-mining technology, enhancing resource recovery rates by over 20%. Shandong Iron and Steel Group's smart control system improved product specification change efficiency by 28.6%.

Weichai Group, part of Shandong Heavy Industry Group, has set a world record for diesel engine thermal efficiency at 53.09% and progressed in methanol engine technology. Additionally, Shandong Gold Group's green filling method has increased mining site capacity by 28% year-on-year.

In digital advancements, Shandong High-speed Group launched China's first digitally upgraded 12-lane expressway, improving emergency response times, while Inspur Group established a provincial AI resource-sharing platform to aid digital transformation for SMEs. These initiatives reflect Shandong's SOEs' commitment to leveraging technology for economic growth.