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Candor, a home appliance manufacturing company that grew up in Zohngshan's Nantou, recently joined the National Equities Exchange and Quotations board (NEEQ). The next step is to apply for an initial public offering (IPO).

Established in 2008, Candor is a manufacturer specializing in exporting refrigerated wine cabinets, with its products widely sold to over 80 countries and regions including the Americas, Europe, Southeast Asia and Oceania.

In recent years, Candor pays much more attention to industry-university-research deep integration, and adopts a combined model of "independent research + collaboration with universities". The company has established a strategic partnership with Xi'an Jiaotong University.

So far, Candor owns an R&D team of over 80 people and has more than 200 patents. Over the past two years, Candor invested over 40 million yuan in R&D, and has become a national high-tech enterprise with a province-level industrial design center and a province-level engineering technology research center.