For a long time, Wanxiang Group paid highly attention to the critical role of intellectual property in the technical innovation of enterprises, established special sector to manage intellectual property, to perfect the intellectual property management system within the Group, to positively implement the national standard of Enterprise Intellectual Property Management Specification. As a proudly independent drafting party of Cardan Joints Standards, Wanxiang participated in drawing up 3 international standards, organized 9 national standards’ formulation, 23 industrial standards, and cumulatively applies for more than 2,000 patents in China. In the long journey, Wanxiang Group was successively awarded “State Intellectual Property Demonstration Enterprise”, “National Patent Industrialization (New Energy Industry) Pilot Base”, “The first batch of National Enterprise Intellectual Property Management Pilot Enterprises”, and “The first batch of National Enterprise Patent Work Exchange Station”. Thus, Wanxiang was so qualified as to take several national patent industrialization promotion projects, and obtained 2 China Patent Excellence Awards.