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In order to achieve industrial and commercial advantages, market advantages and the effective connection of scientific research strengths and talents in universities, on October 17, 2013, Shandong University, Weifang City People's Government, and Foton Motor Co., Ltd. jointly built Shanda Futian Automobile Research Institute and Futian Automobile. The signing ceremony of the Shandong Academy of Engineering was held at Shandong University.
On the morning of the 17th, along with President Xu Xianming of Shandong University and General Manager Wang Jinyu of Foton Motor Group signed a cooperation agreement, Shanda Futian Automobile Research Institute and Shandong Research Institute of Foton Motor were formally established.
It is understood that the project will rely on the advantages of academic talent resources of Shandong University and the technological innovation advantages of Futian Automotive Industry. Shanda Futian Automobile Research Institute will be established at Shandong University and Shandong Engineering Institute of Futian Automobile at Weifang. Among them, Shanda Futian Automobile Research Institute will mainly undertake basic technology research and personnel training; Futian Automobile Shandong Engineering Institute is mainly responsible for automotive engineering development, including the performance of automotive products development, structure development, process development and other tasks.
This cooperation has created a brand-new model of joint innovation between government, schools, and enterprises. The government gives policy support, the school is responsible for personnel training, and the company provides funds and technical support. Through the cooperation between schools and enterprises, production, education and research, a multi-win-win innovation pattern will be created to achieve resource sharing, mutual benefit and win-win outcomes, and then promote regional economic restructuring and upgrading.