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The development of the Group Corporation has approximately experienced three stages. The first stage is the capital primitive accumulation period from 1992 to 1996. Within this period Mr. Li Gang starts to open a co***ny to produce bearings together with his relatives from the first 200,000 RMB. The first monthly productive capacity is only 20,000 to 30,000 sets. Following the production development and market expansion, Mr. Li Gang utilizes his market fore-sight and astonishing daring and resolution; adopt...
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