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The development history of Ruili Group Co., Ltd.

1. The first stage - the primitive accumulation stage of capital: The enterprise has gone through the arduous training of entrepreneurship and initially laid the foundation for development. Its products are mainly electrical products, and some products are Sinotruk, Sichuan Automobile, Shaanxi Automobile, Jiqi Automobile, etc. Automobile manufacturers provide supporting equipment.

The major events at this stage include:

1. In September 1987, Ruian Hongqi Auto Parts Factory was established in Beimentou, Ruian;

2. In September 1989, Moved from Beimentou to Yangjiaqiao;

3. In September 1991, it was renamed Ruian Heavy Duty Vehicle Parts Factory;

4. In January 1993, it became FAW (Liberation) Corporate supplier.

2. The second stage - the stage when the enterprise begins to take shape: the enterprise continues to grow and develop, and begins to take shape, gradually establishing a good corporate image in the industry.

The major events in this stage include:

1. From 1993 to 1996, a total of 36 million yuan of technical transformation funds was invested in technological transformation;

2. 1994 1 From January to July 1995, three 5-floor standard factory buildings were built in Hongqi Industrial Zone;

3. In May 1997, the company moved from Yangjiaqiao to Hongqi Industrial Zone, and built another factory in the same year A 9-story factory building;

4. In January 1998, Zhejiang Ruili Industrial Group was established;

5. In April 1998, it was listed as one of the "Double Hundreds" of National Auto Parts "The Promotion Committee was listed as the first batch of recommended enterprises;

6. In September 1998, the Zhejiang Auto Parts Sales Consortium Conference was hosted in Wenzhou;

7. In May 2000, Hosted the 9th Annual Meeting and Technical Exchange Meeting of the Braking Professional Committee of the Chinese Society of Automotive Engineers in Wenzhou.

3. The third stage - the sustainable development stage of the enterprise: the enterprise has achieved good economic and social benefits, and has been widely recognized in the national auto parts industry. The average annual growth rate of its production and sales has remained above 40%, and it has actively tried to Capital operation to promote sustainable development of enterprises.

The major events at this stage include:

1. In December 2000, the foundation stone of Ruili Industrial Park covering an area of ??54 acres was laid;

2. In May 2002, The industrial park located in Ruian Economic Development Zone passed the acceptance inspection and was relocated;

3. In September 2002, the eddy current retarder product was listed as the first batch of national key technological transformation projects supported by Wenzhou's national debt;

4. In October 2002, it was promoted to a non-regional enterprise group;

5. In November 2003, with the approval of the Ruian Municipal People's Government, 361 acres of land was acquired in the Ruian Economic Development Zone , planning to build the Ruili Auto Parts Export Base;

6. In December 2003, 168 acres of land was acquired in Jiading District, Shanghai to build the Ruili Group Technology R&D Center and Logistics Management Center;

7. In March 2004, Ruili spun off the air brake system company and formed a joint venture with Hong Kong Ford International Investment Holdings Co., Ltd. Ruili Group Ruian Auto Parts Co., Ltd.;

8. July 2004 , listed on NASDAQ in the United States, becoming the first overseas listed private enterprise in Wenzhou.

Four. The fourth stage - the scale and brand of the enterprise have reached a new stage: the scale efficiency and brand efficiency of the enterprise have become increasingly prominent, and it has entered the top 100 in the national industry. Exports have maintained a strong growth momentum, leading products have been rated as Chinese famous brands, and capital operations have achieved important results. Ruili's "group model, diversified operations, professional management, and branded operations" pattern has obvious benefits.

The major events at this stage are:

1. In July 2005, Ruili’s “automotive brake components and steering power pump project” was included in the “Second Batch of Provincial Land Use Projects in 2005” Construction project;

2. In October 2005, the enterprise technology center was upgraded to a provincial enterprise technology center;

3. In April 2006, Ruili officially listed on Nasdaq The main board of the market was listed for trading, and the stock code was changed from SAUP to SORL;

4. In April 2006, the enterprise information "863" plan project passed the acceptance of the Ministry of Science and Technology;

5. 2006 In June 2006, Ruili entered the ranks of "China's Top 100 Auto Parts" for the first time;

6. In July 2006, Ruili was recognized as a "Key High-tech Enterprise of the National Torch Plan" by the Ministry of Science and Technology;< /p>

7. In August 2006, Ruili was recognized as a "National Auto Parts Export Base Enterprise" by the Ministry of Commerce and the National Development and Reform Commission;

8. In September 2006, Ruili Automobile The braking system was rated as "China Famous Brand" by the State Administration of Quality Supervision;

9. In October 2006, Ruili was rated as "Top 500 Competitiveness of China's Large Enterprise Groups in 2006" by the National Bureau of Statistics;

10. In November 2006, Ruili successfully issued new shares to raise US$36 million for the first time;

11. In 2006, Ruili achieved production and sales exceeding 1 billion yuan for the first time, and exports increased year-on-year. More than 80%.

12. In 2009, Ruili established International Holdings (SIH) in Hong Kong to build a global marketing network; it entered the top 500 private enterprises in the country;

13. In 2010, Ruili's products were successfully used in new energy buses for the Shanghai World Expo and the Guangzhou Asian Games; Ruili became the president unit of the Zhejiang Automobile and Motorcycle Parts Industry Chamber of Commerce;

14. In 2011, Ruili "joined hands" with AVIC 615 Institute , established Shanghai Dachao Electronic Technology Co., Ltd. to cooperate in the development of high-end automotive electronic products;

15. In June 2012, Ruili successfully passed the assessment and acceptance of intellectual property work of national enterprises and institutions, becoming a national intellectual property pilot enterprise ;

16. In September 2012, Ruili was rated as "China Automobile Export AAA Credit Enterprise";

17. In December 2012, Ruili's headquarters and production plant as a whole Moved to the Ruili Export Base Factory located in the Expansion Zone of Ruian Economic Development Zone;

18. In December 2012, three Ruili trademarks were recognized as "China's Well-known Trademarks";

19. In August 2013, Ruili was approved to establish a national-level postdoctoral research station;

20. In August 2013, Ruili was rated as one of the “Top 500 Chinese Private Enterprises in the Manufacturing Industry” by the All-China Federation of Industry and Commerce. ".