The Management Committee of Wuhan East Lake High-tech Development Zone commended and rewarded the enterprises for the economic contribution of the year award in 2010 on May 5, 2011. HC Semitek was awarded the title of “Excellent Enterprise” for the Economic Contribution of the Year Award in 2010 by East Lake High-tech Zone.
In order to create a good investment environment that respects entrepreneurs and serves taxpayers and guide companies in the High-tech Zone to achieve excellence, the East Lake High-tech Development Zone commends companies that make outstanding contribution to the rapid economic development in the high-tech zone. 10 companies including HC Semitek were awarded the title of Outstanding Enterprise. The winners realized tax payment above 20 million yuan in 2010, and the annual increase of tax payment surpassed 80%, contributing to the rapid economic growth in the East Lake High-tech Development Zone.
Tax payment by companies not only reflects corporate social responsibility, but also shows the comprehensive strength of a company. Since its inception in the East Lake High-tech Development Zone in 2005, HC Semitek consistently pays taxes in good faith according to law, assumes social responsibilities, and continuously steps up its business scale. It has become a large regional taxpayer, giving strong support to the regional fiscal revenue and economic development.