In January, HAECO Composite Services was designated as a Fujian Province 2021 Technologically Advanced Service Enterprise by the Fujian Provincial Department of Science and Technology. The Advanced Technology Service Enterprise (ATSE) incentive was rolled out nationwide in 2017, reducing the Corporate Income Tax rate for qualified ATSE. HAECO Composite Services has received this recognition for the past three consecutive years. The ATSE status, as well as preferential benefits, will remain valid until 2023.