On October 14, 2019, the audit team of Zhongzhi (Beijing) Certification Co., Ltd conducted the supervision and audit of the intellectual property management system of Taicang BMW Oil Equipment Co., Ltd. The audit was attended by the general manager of the company, management representatives and heads of various departments. During the first and last meeting of the review process, management representatives and the person in charge of intellectual property matters participated.

This audit is the second supervision audit after the company obtained the intellectual property management system certificate, which aims to evaluate the continuous conformity and effectiveness of the company's intellectual property management system. After a thorough, reasonable and fair audit, at the final audit meeting, the audit team commented on the audit process, inconsistencies, comments, suggestions, etc. based on the audit report, and concluded that the operation of BMW oil's intellectual property management system remains effective and meets the requirements of enterprise intellectual property management specification 29490-2013, and passed the supervision and audit of the intellectual property management system.

In the future, BMW Grease will continue to adhere to the intellectual property management concept of "scientific and technological innovation drives development, intellectual property leads the future", enhance intellectual property awareness and consolidate the intellectual property management system. Intellectual property is an important intangible asset of the company. Through the management and rational use of the company's intellectual property, the work of creating and maintaining the core strategic intellectual property resources will be accelerated, the independent intellectual property innovation system of the company will be built and improved, and international and regional knowledge of the industry will be expanded. Cooperation and exchange in the field of property rights to promote the rapid and healthy development of the company's independent intellectual property rights and enhance its market competitiveness.