Xinhai always pays close attention to technological innovation. Adhering to the core concept of technology achievement future and technology as the first productivity, Xinhai has built 5 professional technology institutes (Mining Design Institute with Class A Certification, Machine Design Institute, Mineral Processing Institute, Rubber Research Institute, Comprehensive Utilization of Tailings Institute) and gathers more than 200 scientific research technical personnel and more than 10 top experts in mine field. In 20 years, Xinhai has made hundreds of technology innovation and 60 invention and utility model patents, and the rubber processing by liquid phase developed by Rubber Research Institute was identified by Chinese Shandong Science and Technology Department of Shandong China as the international advanced technology.