Zhejiang Folta Technology has made remarkable achievements in patent results. As of now, it has successfully applied for 16 patents and is applying for 35 patents, building a solid intellectual property barrier in the battery and related technology fields. At the end of May, it obtained the titles of Zhejiang Science and Technology-based Small and Medium-sized Enterprise and National Science and Technology-based Small and Medium-sized Enterprise. At the end of October, it was included in Zhejiang's "Golden Seed" database. Currently, the company is applying for national high-tech enterprise certification.