On March 5th, the 2024 Enterprise Development Conference of the China (Shandong) Pilot Free Trade Zone Qingdao Area was grandly held. Geng Tao, member of the Qingdao Municipal Committee and Deputy Mayor, Sun Yonghong, member of the Qingdao Municipal Committee, Secretary of the Xihai New Area Working Committee, and Secretary of the Qingdao FTZ Working Committee, and Gao Shanwu, Deputy Secretary of the Xihai New Area Working Committee and Director of the Qingdao FTZ Management Committee, attended the meeting and delivered speeches. More than 170 leaders, comrades, and representatives from the pilot zone, tax authorities, enterprises, and media participated in the conference.

Qingdao OKet Instrument Co., Ltd. was awarded the "Ivy League Enterprise Award" in the selection of nine awards including the "Outstanding Tax Contribution Award" for the year 2023 organized by the Qingdao FTZ Management Committee. The company was invited to attend the conference and received the honor certificate and trophy.

Since its establishment in the Qingdao FTZ in 2001, OKet has grown for 23 years from a manufacturer of oil measurement sensors based on the magnetostrictive principle for gas stations to a professional provider of integrated hardware and software solutions in the field of industrial IoT. OKet's products are applied in more than 20 countries and regions, with dozens of international partners. Its business covers intelligent applications across the entire chain from petroleum and chemical storage enterprises, hazardous material transportation, to retail at gas stations. Its products and solutions range from composite material anti-corrosion facilities, sensors, edge computing control consoles, to intelligent applications.

OKet's receipt of the "Ivy League Enterprise" honor is the Qingdao FTZ's recognition of OKet's positive contributions and efforts in the industry over the years, and it serves as a spur to OKet's brand. In the future, OKet will continue to innovate around customer needs to promote intelligent applications combining new materials with industrial IoT in the professional field. It aims to be a professional brand that customers can trust and rely on completely, becoming a caring and reliable business partner for customers. At the same time, the company will maintain a proactive attitude, innovate and forge ahead, continuously improve its sustainable development capabilities, and contribute to the development of the Qingdao FTZ.