1989 In February, Wenzhou Municipal People's Government approved the establishment of the group with document Wen (89)44. In August, 1993 was approved by Zhejiang Economic and Trade Commission (93)11and upgraded to a provincial batch of enterprise groups. 1March, 1995, approved by the people's government of Zhejiang Province (Zhezheng (95) No.4), it was listed as the first batch of modern enterprise system pilot enterprises in Zhejiang Province, and it was a wholly state-owned company authorized to operate state-owned assets. During the ninth five-year plan period, it was listed as one of the key backbone groups in the province. Approved by the State Council as a 5 12 state-owned key enterprise. Teng Zengshou, Party Secretary and General Manager, is an outstanding entrepreneur in China, one of the top ten reformers in China and a national model worker. The group has ten wholly-owned factories, including Dongfang Pipeline Company, New Materials Company, Dongfang Shipyard, Gas Company and Construction Machinery Factory, which is a big market for Oriental lamps. The business scope of the Group covers nine industries, including building materials, shipbuilding, lamps, chemicals, machinery, real estate, architectural decoration, commerce and service industry. The group's leading industrial products include: FRP pipes, sanitary ware, FRP boats, lighting lamps, new materials, chemical gases, construction machinery, steel ships and other eight series products. The series products of large-diameter FRP pipes produced by the group are the first set of products produced by imported high-tech production lines in China, which fills the domestic gap; Glass fiber reinforced plastic acrylic sanitary ware series products have a leading position in China; The steel shipyard is the largest and most capable factory in our province. Oriental lamp market is not only the leader of Wenzhou lamp industry, but also the largest lamp production and sales base in China. During the Eighth Five-Year Plan period, the group company successively merged and saved eight state-owned and collective enterprises on the verge of bankruptcy. By the end of 1994, all the losses of the merged enterprises had been borne and absorbed by 45 million yuan. At the same time, the group company itself has also developed rapidly, especially in the past three years, the production scale and economic benefits have doubled year by year. The group company has more than 3500 registered employees. The total assets are 450 million yuan, of which the state-owned capital is 65.438+0.6 billion yuan.
After more than ten years of pioneering operation, the group has formed a diversified management mechanism integrating production and circulation, scientific research and development and comprehensive services. 1992 was listed as a large-scale enterprise by the state, and was rated as "AAA provincial capital credit enterprise", "honoring contracts and keeping promises" and "provincial advanced financial unit" year after year. 1995 was awarded the honorary titles of "Zhejiang Excellent Enterprise with Scientific and Technological Progress", "Zhejiang Excellent Enterprise", "National Excellent Enterprise in Building Materials Industry", "National May 1st Labor Award" and "National Typical State-owned Enterprise with Good Transformation Management Mechanism". With the approval of Zhejiang Securities Regulatory Commission [1997] No.55 and Zhejiang Fazheng [1997] 132, it is agreed that the company will be established exclusively by the group company, and it is planned to publicly raise RMB ordinary shares to set up the company. The Group invested all the assets and liabilities of its wholly-owned subsidiaries, Pipeline Company and Oriental Lighting Market, with net assets accounting for less than 65,438. The survey assets owned by the group company continue to be retained in the group company. In June, 1997 obtained the Notice of Name Pre-approval of Zhejiang Administration for Industry and Commerce (Zhejiang Province) (96) No.804, and in June, 1997 obtained the Notice of Name Pre-approval of Zhejiang Administration for Industry and Commerce (Zhejiang Province) No.804.