Recently, the finals of the 7th 鈥淢aker in China鈥 SME Innovation and Entrepreneurship Contest was held in Hangzhou, the capital city of Zhejiang province.

Jiangsu Intell Motor Technology Co., Ltd., a Changzhou-based company and the only enterprise contester representing Jiangsu province, won an excellence award at the finals.

The contest was jointly hosted by the Ministry of Industry and Information Technology (MIIT) and the Ministry of Finance.

According to the lists of top 50 and 500 鈥淢aker in China鈥 contesters announced by the MIIT lately, Changzhou has four projects on the top 500 list, while Intell Motor is among the top 50 with its permanent magnet-assisted synchronous reluctance motor system.