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; adopts the multiple forms such as leasing, contracting, money raising etc. to concentrate a great number of the idle social funds for the rapid expansion of the production and sales by means of snowball rolling. In this way, the bearing output has been quickly elevated to 6 million sets every month. The business scale is beginning to take shape. The second stage is the enterprise re-molding and system-transformation period from 1996 to 2000. Following the extension of the business scale, the primitive and extensive managing mode can no longer adapt to the market requirements. During this course Mr. Li Gang implements the stock-sharing reform to the enterprise. As to the enterprise capital, he offers the form of becoming shareholders or purchase and sets up Ningbo Mos Group Corporation Limited on this basis. He formulates modern business management system according to the modern business managing requirements. He gradually puts the business on the right track and gains a firm foothold among the same trade. In 2000, the enterprise entered into an overall supervision elevation phase. In order to satisfy the constantly increasing market competition demands and enhance the co***ny¡¯s competitive power in the international market, the co***ny laid great stress on the modern technical reform to this enterprise from 2000 to 2003. Firstly its annual investment for
three years running should be above 20 million RMB. It implements remolding to the current equipments and factory houses and makes them reach to the advanced int
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