With the pace of reform and opening up in China, Wolong Group has gone through a brilliant twenty years. In the past 2 years, Wolong Group has always kept a clear understanding in the fierce market competition, taking strengthening the comprehensive strength of the enterprise, constantly improving itself, emphasizing development first as the main theme, strengthening internal management, perfecting the operating mechanism, and actively exploring the market, thus establishing Wolong's pivotal position in the differential motor industry in China.

twenty years of hard work and struggle, from 1, yuan to nearly 2 billion yuan in assets, from more than 1 square meters of rented workshops to hundreds of thousands of square meters of modern self-built workshops, from 6 or 7 people to a professional team of more than 3,5 employees, from simple equipment to thousands of sets of automated production lines, from a single product to a complete product series of more than 4 series and more than 3, varieties, from imitation products to independent intellectual property rights, from a single motor manufacturing industry to motors and power supplies. ..... Wolong Group, with its impressive performance, is shining with dazzling stars among private enterprises in China.

Let's look through the development of Wolong, from which we can see the entrepreneurial history of Chen Jiancheng and his team. The first product, JW series motors < P >, was linked with the Department of Electrical Engineering of Zhejiang University, and JW series asynchronous motors were introduced and produced. In that year, the products were sold to more than 2 users in Shanghai and Zhejiang Province, including Shangyu Fan Factory, with an annual sales volume of 3,466 sets, an output value of 52, yuan and a profit of 11, yuan. The State Trademark Office approved the registration of Wolong brand motor trademark

Chairman Chen Jiancheng attended the national conference on split-horsepower motor industry, introduced the product structure and technology of the factory, and undertook some projects in the Seventh Five-Year Plan of split-horsepower motor

obtained the third-class measurement certificate issued by the State Bureau of Standards and Metrology, and jointly established Shangyu speed-regulating motor factory with Shanghai Jinshan General Machinery Factory

The products sold well in Beijing, Shanghai, Zhejiang, Jiangsu, Henan, Hebei and Hunan. Through the acceptance of national second-class enterprises,

Shangyu County Multi-speed Micro Motor Factory was changed and established as Zhejiang Wolong Motor Industry Company and Hong Kong Fuchun Machinery Equipment Co., Ltd. Zhejiang Fuchun Motor Co., Ltd. was established

Wolong Business Development Corporation was rated as a national medium-sized enterprise and Shaoxing star enterprise

The company's joint-stock cooperation system was established to increase capital and expand shares

Zhejiang Wolong Group was established

Shangyu Resin Chemical Plant was merged. Restructured into Zhejiang Wolong Group Chemical Industry Company

Established the first generator set developed by Zhejiang Wolong Group Real Estate Development Company

The company was named as a national large-scale enterprise by the Ministry of Agriculture

passed the ISO9 quality system certification, and was granted the right to import and export by itself, thus obtaining a pass to enter the international market

Approved the implementation of the first phase of the national "Double Plus" project. Invest in the first phase of Wolong Science and Technology Industrial Park

Integrate leading industries, Zhejiang Wolong Group Motor Industry Co., Ltd. was established respectively, Zhejiang Wolong Group Special Motor Co., Ltd. and Zhejiang Wolong Group Automobile Motor Co., Ltd.

Wolong Group was recognized as the national "Double Plus" Phase I project of state-level enterprise groups. The project with an annual output of 7, motorcycle starter motors was completed and put into production and passed the acceptance.

Wolong Hotel was completed and opened.

The office building of the group company was completed and the joint-stock cooperative system of the group company was moved to increase its capital and share again.

Wolong Group Automobile Motor Co., Ltd. was recognized as a high-tech enterprise outside Zhejiang Province. Zhejiang Wolong Electric Co., Ltd., a technology enterprise, was renamed as Zhejiang Wolong Science and Technology Co., Ltd., and invested in the second phase of Wolong Science and Technology Industrial Park through the listing certification of high-tech enterprises, and implemented the technical transformation project of industrial special motors to build an electric vehicle branch. Set up an electric vehicle company in the United States

the chemical industrial company of Wolong Group is transformed into Shangyu Wolong Chemical Co., Ltd.

The real estate development company of Wolong Group is transformed into Shangyu Wolong Real Estate Development Co., Ltd.

The company has passed the ISO91 quality system certification, and Wolong Technology Co., Ltd. has fully entered the listing counseling and standardized the company's operation

The Wolong Hotel is transformed into Shangyu Wolong Hotel Co., Ltd.

The industrial motor branch of Haoba Factory has moved to Wolong Science and Technology Industrial Park, and Wolong Technology shares are listed, with At the same time, the technical transformation project of Wolong industrial motor, electric vehicle and micro-special motor was launched in an all-round way

Zhejiang Battery Group Co., Ltd. was successfully acquired and merged, and Zhejiang Wolong Lighthouse Power Supply Co., Ltd. was established, achieving the best production and operation level in history that year

The three-level management system of Group-subsidiary-business department was successfully implemented. And realized the institutional reform of strategic management of the group, operation management of subsidiaries and production management of business divisions.

Oriental Chengxin Investment Co., Ltd. was jointly established, and it began to formally set foot in the field of financial investment to formulate Wolong's future development plan, and determined the development strategies of Wolong's three-step strategy, three-step strategy and three listed companies.

Hubei Electric Machinery Factory was successfully acquired and merged, Wuhan Wolong Hubei Electric Machinery Co., Ltd. was established, and new factories were built in different places that year. It reached the development trend of acquisition and merger, technical transformation and production expansion, and production in that year, and was praised as "a successful model of state-owned enterprise restructuring" by leaders in Hubei Province and Wuhan City.

The foundation stone was laid for Wuhan Wolong Cambridge Spring Real Estate Project

Shengzhou Wolong Shanshui Lvdu Real Estate Project started smoothly

The household motor division, industrial motor division and electric vehicle division completed technical transformation and production expansion. Micro-motor Division formally established

Zhejiang Wolong Lighthouse Power Supply Co., Ltd. officially became Emerson China production base

Successfully passed ISO14 environmental protection system certification

Zhejiang Wolong Group Company was restructured into Wolong Holding Group Co., Ltd.

Ouli Wolong Vibration Machinery Co., Ltd. increased its capital and shares

Wolong Technology Co., Ltd.

With the approval of the Ministry of Personnel, a postdoctoral mobile station was established. After a year of negotiations, Zhejiang Wolong Technology Co., Ltd. and Matsushita Electric Industrial Co., Ltd. jointly established Zhejiang Wolong Household Motor Co., Ltd. on May 16th, and in June of that year, the project construction was officially started.

The 78-acre Wolong Electromechanical Project was officially launched.

Zhejiang Wolong Real Estate (Group) Co., Ltd. was established. The projects of Shaoxing Hubin Garden and Ningbo Times Square, covering an area of 2 mu each, started

Wolong Technology officially applied for issuing convertible bonds

Zhejiang Zhejiang University Wolong Technology Co., Ltd. was formally established

Wolong Holding Group Co., Ltd. implemented the internal equity incentive mechanism for the core management of its holding subsidiaries in the 2th anniversary.

On April 3th, the new factory of Zhejiang Wolong Household Motor Co., Ltd., a joint venture, officially held a ceremony for the completion and commissioning of the new factory, which was attended by municipal leaders and senior officials of both parties.

Wolong science and technology has successfully passed the share-trading reform and achieved full circulation.

Acquisition and merger of Yinchuan Transformer Factory and restructuring to form Yinchuan Wolong Transformer Co., Ltd.; The groundbreaking ceremony for the new factory in different places was held in August.

Zhejiang Wolong Science and Technology Co., Ltd. was officially renamed as Wolong Electric Group Co., Ltd..

Start the training project for reserve talents (cadres) and expand the professional talent reserve.

the second phase of ERP project was started, with 5 implementing units. Formulate and implement the Development Plan of Wolong Holding Group for 26-21

The second phase of p>ERP project was successfully launched

The BMI special foundation management improvement project was launched, and the first batch was piloted in Zhejiang Wolong Household Motor Co., Ltd. and Industrial Motor Division.

Wolong Electric successfully refinanced, issuing 48.88 million shares by non-public offering, raising 269.3 million yuan.

The completion and commissioning ceremony of the new workshop of Yinchuan Wolong Transformer Co., Ltd. was held ceremoniously. Leaders from relevant departments of Zhejiang and Ningxia, industry experts and more than 1 investors attended the celebration.

Wolong brand low-power motor was rated as "China famous brand" by the General Administration of Quality Inspection and Quarantine.

Wolong electric vehicle was the first in China to launch "battery warranty for two years, dare to promise and dare to insure". In November, the electric vehicle division moved to Jinshan, Shanghai, and the Shanghai factory of the household motor company moved back to Shangyu.

the group initiated three major scientific research projects: magnetic levitation long stator rail and its winding technology, electrified railway power supply and substation, and high-voltage frequency conversion energy saving. A 3-meter maglev test line was built around the Spring Festival. Construction of the new headquarters compound of the Group started, and the new site is located in Renmin West Road, Shangyu City. The fourth phase of p>ERP project was successfully implemented. Wolong real estate group successfully introduced CRM sales information management system; BMI basic management improvement project is fully promoted in manufacturing enterprises

Zhejiang Wolong Real Estate Group and Zhejiang Wuzhou Holding Group Co., Ltd. signed the Equity Transfer Agreement and acquired 5.1% of the shares of Guangdong Qingyuan Wuzhou Industrial Investment Co., Ltd.

On July 3th, Zhejiang Wolong Real Estate Group Co., Ltd. successfully listed its real estate assets in Shanghai with stock code 6173 and stock name ST Wolong through stock acquisition, asset replacement, private placement, share-trading reform, change of registered place and renaming. In September, it was renamed as Zhejiang Wolong Real Estate Co., Ltd.; On October 8th, a grand listing ceremony was held in Shangyu International Hotel.

The three major scientific research projects initiated by the Group, namely, maglev long stator rail and its winding technology, electrified railway power supply and substation, and high-voltage frequency conversion and energy saving, were successful. On May 3th, the 3-meter maglev test line was successfully put into trial operation. The first mobile substation in China passed the examination of the national railway expert review group in Guangzhou Railway Section, and the product model was collected by the National Railway Museum as a permanent exhibition; The high-voltage frequency conversion system was successfully developed by Wolong Electric Technology Research Institute and realized marketization

The V? X traction transformer project was listed in "27 National Torch Plan Project" by the Ministry of Science and Technology; 22KV power transformer was officially put into production in September

servo drive system of industrial sewing machine and plastic sealed brushless DC motor were industrialized

On August 17th, Wolong Real Estate Group and Times Jinke Real Estate Co., Ltd. signed the Equity Transfer Agreement, and acquired 69.84% shares of Shangyu Jindi Real Estate Co., Ltd. held by Times Jinke Real Estate. On August 27th, Shangyu Jindi Real Estate Co., Ltd. was renamed Wolong? Tianxiang Hua Ting Real Estate Co., Ltd.

On November 23, Zhejiang Wolong Real Estate Group Co., Ltd. was changed to Zhejiang Wolong Real Estate Investment Co., Ltd., and its business scope was real estate investment. On January 4, 28, Wolong Real Estate was officially renamed as Wolong Real Estate Group Co., Ltd.

Wolong brand was recognized as a well-known trademark in China by the State Administration for Industry and Commerce

On February 28, it was revoked by the Shanghai Stock Exchange for special treatment. The stock abbreviation "ST Wolong" was changed to "Wolong Real Estate", and the stock code was still "6173"

The group headquarters was officially moved to No.181 Renmin West Road, Shangyu City, Zhejiang Province on January 19, and the new headquarters compound was fully opened

On April 18, Wolong Real Estate Group's non-public offering plan was approved by the issuance audit committee of China Securities Regulatory Commission

The development of Wolong was complicated. How to find out the basic track of development in the complicated historical stories is the basic idea of compiling Wolong memorabilia. In reviewing the development process of the enterprise, we found the basic historical outline of our enterprise's hard work, relying on science and technology, opening up markets, being brave in reform and continuous development. These factors are mutually conditional and promote each other in the history of Wolong's development, which constitutes a historical picture of Wolong's vigorous development, which is a valuable asset for all Wolong people. We believe that Wolong people will surely achieve a new situation of leaping development in Wolong with unremitting struggle and higher fighting spirit on the basis of Wolong's brilliant history.