At present, there are 20 state-level "respectful" enterprises in Liaoyang City announced by the State Administration for Industry and Commerce, of which Liaoyang Hongtu Carbide Co., Ltd. is only one in Lighthouse City. Liaoyang Hongtu Carbide Co., Ltd.'s "abiding by the contract and valuing credit" activity has been successfully declared since 2015, and has achieved good social results since its launch, and has played an active role in building a trustworthy enterprise.

In order to further promote the in-depth development of the "abiding by the contract and valuing credit" activities, enhance the credit awareness of enterprises, and create a good market credit environment, the State Administration for Industry and Commerce strictly controls the "respectful" access points in the work of identifying "respectful" enterprises, giving priority to high-quality enterprises with high market reputation, good public reputation and certain local influence, requiring enterprises to achieve solid contract foundation work, and must pass a comprehensive review before reporting for identification. Enterprises with weak contract foundation work and unmet conditions will be resolutely denied access to ensure the quality of "respectful" enterprises.

Compared with ordinary enterprises, "respectful" enterprises have obvious advantages in financing and striving for excellence, and obtaining the title of "respectful" enterprise is not the end of enterprise credit construction, but a new journey, and the title of "respectful" belongs to the intangible assets of enterprises, which is of great practical significance for establishing a good image of enterprises, improving enterprise competitiveness and promoting the accelerated development of enterprises. Liaoyang Hongtu Carbide Co., Ltd. will give full play to the leading and demonstration effect to influence and drive more enterprises to participate in the construction of the social credit system.