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How did Zheng Tai Group grow from scratch, from weak to strong, and from small to large?
The development history of Zheng Tai is not only the pioneering history of private enterprises, but also the growth history of independent brands in China. After more than 20 years' efforts, Zheng Tai is moving towards internationalization step by step. In the initial stage and accumulation stage (1984 ~1990)1984, Kai Guanchang (the predecessor of Zheng Tai Group and Delixi Group) was established. Starting from 50,000 yuan, in the spirit of "Excellence", relying on quality and credibility to survive, completed the accumulation of original capital, and laid the foundation for the development of the enterprise. In the directional development stage (1991~1993)1991year, the Sino-American joint venture Chint Electric Appliance Co., Ltd. was established, introduced foreign advanced technology and equipment, made full use of the preferential policies of the joint venture to develop and expand the strength of the enterprise, and established the development direction of electrical appliances specialization. The landmark event was the completion of Zhengtai's first office building 1993 in September, and the slogan of "Rebuilding the New Image of Wenzhou Electric Appliances" was put forward. In the stage of scale expansion and group operation (1994 ~1996)1994, the first enterprise group in the domestic low-voltage electrical appliance industry was established. With capital as the link, market as the guide, products as the leader, brands as the center and horizontal combination, enterprises will develop rapidly. During the transitional period from collectivization to holding (group) company (1997 ~ 2002)1July 2, 9971day, with the approval of the people's government of Zhejiang Province, Zhejiang Zheng Tai Electric Co., Ltd., the first standardized joint-stock company in the group, was established. Taking this opportunity, we will transform the enterprises affiliated to the Group into joint-stock companies, set up joint-stock companies and limited liability companies, develop enterprises according to the requirements of modern enterprise system, and March towards international enterprises. In the leap-forward stage (from 2003 to now), the goal of "building an international electrical manufacturing base" has been established, and a "Yangtze River Delta layout" has been gradually formed, with Liushi as the manufacturing base for low-voltage instruments and building electrical appliances, Shanghai as the manufacturing base for high-voltage power transmission and distribution equipment, Jiaxing as the supporting equipment base for power transmission and distribution, and Hangzhou as the production base for industrial automation and solar energy. Independent innovation has become the main theme of enterprise development, with more than 200 patents at home and abroad, leading and participating in the formulation of more than 30 industry standards. At the same time, accelerate the listing of enterprises, and promote the simultaneous development and mutual promotion of capital management and product and industrial management.