Neoway Technology is deeply committed to innovation, actively responding to China’s national strategy for innovation-driven development. With a forward-thinking vision, the company has built a comprehensive innovation system that integrates "technology patenting, patent standardization, and standard industrialization". Neoway systematically develops a core patent portfolio covering IoT communication and urban IoT perception, forming a multi-dimensional patent matrix that aligns with core technologies, product development, and application scenarios.

In 2024, Neoway Technology significantly expanded its efforts in standardization, achieving remarkable progress. The company assumed the role of lead organization for the National Standardization Committee’s urban perception working group, spearheading the development of national standards for urban perception systems and driving their standardization and industrialization. As a Member of the Specialized Committee for Supply Chain Maturity of Information Technology Products, MIIT, Neoway led the development of the document Information Technology Product Supply Chain Maturity: Evaluation Model for Device Products - Distributed Storage and contributed to several other industry standards. By leveraging its R&D strengths, Neoway continues to transform technological advancements into industry benchmarks, enhancing supply chain resilience and security while providing new direction for the high-quality development of the information technology sector.

In 2024, Neoway Technology added over 40 new patents, more than 95% of which are high-quality invention patents. Focused on cloud-pipe-device communication solutions, the company has made groundbreaking innovations in stable and reliable IoT connectivity, urban IoT perception systems, platforms and algorithms, and AI applications. These patents reinforce Neoway’s industry leadership and commitment to technological advancement.

Enhancing Reliable IoT Connectivity: In 2024, Neoway Technology achieved significant breakthroughs in IoT connectivity, enhancing key technologies in communication protocol stacks, data transmission and storage, and fault identification methods, while securing related patents. By integrating its patented innovations in Neopipe Cloud—including network monitoring, optimal network selection, and device availability enhancement—Neoway’s solutions greatly improve data transmission speed, enhance data reception efficiency and success rates, and enable precise fault detection and resolution. These advancements significantly enhance communication quality across IoT applications.

Leading Urban IoT Perception Innovations: Neoway’s self-developed Neoway Kaiwu urban IoT perception platform continued its rapid expansion in 2024, with more than 40 invention patents filed or granted, multiple software copyrights, and over 10 domestic and international certifications. To support comprehensive urban digital transformation and smart governance, Neoway has developed an innovative full-lifecycle "Plan, Build, Maintain, Manage, and Data" model centered on Neoway Kaiwu, offering governments at all levels a structured approach to urban IoT system development and management. The platform has been successfully deployed in benchmark projects in cities such as Chongqing and Changsha, setting a new standard for digital government initiatives. These efforts accelerate the unified construction of urban IoT perception systems, modernize urban governance, and drive large-scale digital transformation.

Pioneering AI Innovation: Neoway Technology has taken a forward-thinking approach, driving innovation and application of AI technologies. The company has launched an AI-powered customer service system and is actively developing AI modules, AI terminals, and industry-specific AI models. Significant progress has been made in multiple cutting-edge areas, with several related invention patents currently under application. These advancements highlight Neoway’s strong technical expertise and innovation in AI, emphasizing the deep integration of AI with industry applications to deliver efficient and intelligent products and solutions for customers.

Looking ahead, Neoway Technology will continue to expand its patent portfolio, particularly in AI and data data elements, breaking through technical bottlenecks and driving innovation-led growth. By leveraging high-quality intellectual property, the company aims to strengthen its position in the IoT industry, create greater value for customers, and contribute to technological and societal progress.