Incorporated in 1998, FOTON LOVOL Technology Center was renamed as FOTON LOVOL Engineering Technology Research Institute in 2006, and was recognized as state-level technology center. Now, the center has subsidiaries of 2 professional technology committees, 3 product R & D centers, 4 production-study-research cooperation systems, 10 professional departments and institutes. FOTON LOVOL has set up an R & D system featuring complete talents, consummated hardware facilities, and R & D platform matching international level. Meanwhile, FOTON LOVOL's more than 100 patent technologies cover most of the core and key technologies in the industry, which provides the company with strong support during its rapid development course.

In the future, FOTON LOVOL will continue integrating various development modes (like independent innovation, production-study-research joint innovation, and international cooperative innovation in technology) according to its internationalization strategy. Meanwhile, FOTON LOVOL will focus on product development, technology research, and training on R & D personnel to further improve its technological innovation system and management system, optimize the research process, participate in international competition, and intensify core competitiveness in machinery equipment manufacturing, in a bid to make unceasing improvement for creating the human being's happy life.