JIANGXI SPECIAL ELECTRIC MOTOR CO.,LTD.

Development History

1958
  • Yichun County Agricultural Tools Factory was established, mainly engaged in the production of agricultural tools, larning mouth, larning arm, iron pot for daily use, and then gradually changed to agricultural machinery maintenance, renaming the agricultural tools factory to agricultural machinery factory.
1967
  • Received instructions from the higher government, began to test production of ordinary motors.
1971
  • Successfully produced the first ordinary motor before the National Day.
  • Yichun Motor Factory was formally separated from the former Agricultural Machinery Factory and became a state-owned enterprise specializing in the production of general motors.
1983
  • Successfully tried out Y, YZ, YZR series models, and became the designated enterprise of lifting metallurgical motors of the Ministry of Machinery, and won the title of excellent new products of Jiangxi Province.
1984
  • Began to carry out joint production, combined consumption and piece rate pilot projects in the stamping workshop.
1985
  • Became the first enterprise in Yichun City to implement the piece-rate wage system.
1990
  • Harmonic gear motor became the national patent, and the enterprise entered the ranks of medium-sized enterprises in Jiangxi Province.
  • Promoted to the national second-level enterprise.
  • Became an enterprise honored by the State Council for on-site management, an excellent enterprise by the Ministry of Machinery for safety evaluation, and won the Jiangxi Province Excellent New Product Award.
  • Products won the Jiangxi Province Excellent New Product Award for many years.
1991
  • With the approval of the Jiangxi Provincial Joint Review Group on Shareholding Reform, Yichun Electric Machinery Factory was taken as the main body of the restructuring and internal employee shares were issued to employees to raise funds for the establishment of a joint stock company.
  • From 1991 to 1994, the enterprise's sales revenue and other indicators doubled every year.
1995
  • Yichun Zhongshan Electric Co., Ltd. was established to engage in the R&D, production and sales of special motors.
  • With the implementation of the national macroeconomic control measures, since the second half of the year, JiangteMotor's performance began to decline and gradually fell into business difficulties.
1998
  • Under the background of the state's policy of withdrawing state-owned capital from competitive industries, Yichun Zhongshan Electric Co., Ltd. controlled JiangteMotor by purchasing some state shares.
  • After the completion of the restructuring, JiangteMotor once again came to life: from 1999 to 2008, 10 years, JiangteMotor's business performance has been soaring, annual sales revenue increased from 30 million yuan to 413 million yuan, profits rose from 80,000 yuan to 28.67 million yuan, product categories across lifting, metallurgy, tower cranes and other industries, many products won the " National Key New Product Award", "National Torch Plan Project" and other honorary awards.
2002
  • The successful implementation of employee identity replacement has laid a solid foundation for the company to establish a modern enterprise system and accelerate the pace of enterprise development.
2007
  • October 14，JiangteMotor was successfully listed on the SME board of Shenzhen Stock Exchange, becoming the first private listed company in Yichun and the first listed company in the small and medium-sized motor industry in China.
2009
  • Entered the lithium new energy industry.
2012
  • Held Huaxing Motor. Huaxing Motor is mainly engaged in the production and sales of elevator and escalator traction machines and brakes.
2014
  • In order to accelerate the pace of development of intelligent motors such as robot motors, develop the field of robot software and control systems, and expand and strengthen the company's electromechanical industry, it held Shanghai Jiaohong.
2015
  • After the acquisition of Miguel Motor, JiangteMotor became the largest domestic servo motor manufacturer.
  • December 22, in order to accelerate the development of the company's overseas business, introducted foreign motors, new energy vehicles and other related products of advanced technology, to promote the company's overseas cooperation and mergers, completed the establishment of a wholly-owned subsidiary " JiangteMotor Germany GmbH" in Germany
  • Acquired Yangzhou Jiulong Automobile.
2016
  • On February 29, the company acquired Germany Yuel Drive & Energy Technology GmbH, laying a solid foundation for the company's motor industry to develop overseas markets.