The company has a national enterprise technology center and a metal material testing center, and undertakes a number of national key scientific and technological support projects. It is the secretariat of the Wire Rope Technical Committee of the National Iron and Steel Standardization Committee and the Wire Rope Technical Committee of the International Organization for Standardization (ISO/TC 105). This is the first time that China enterprises independently undertake the work of the secretariat of the Technical Committee of the International Organization for Standardization. Falsheng has also successfully established the only "National Research Center of Metal Wire Products Engineering Technology" in the industry. The scientific research project "Key Technologies of Structural System, Design and Construction Control of Thousand-meter Cable-stayed Bridge" participated by Farsheng Cable Company won the first prize of 20 10 National Science and Technology Progress Award. The project "Key Technology and Industrialization Project of Durable Ultra-high-strength Parallel Steel Wire Stay Cable" won the "Second Prize of National Science and Technology Progress" and became the first batch of enterprises in Jiangyin to win the second prize of National Science and Technology Progress. Falsheng, supported by science and technology, promotes industrial transformation and upgrading.
At present, the company has the largest production base in steel wire ropes for conveyer belts, the largest production base for bridge cables, the largest production base for thin steel wires, the largest production base for cutting steel wires (joint venture), the largest production base for prestressed steel strands, the largest production base for stainless steel products and the largest production base for steel cords (joint venture). Fasheng Optical Communication is one of the top ten influential enterprises in China optical fiber and cable industry.