NEWS
Yongkaida
30th Anniversary of Wuxi Yongkaida Gear Co., Ltd. (1987–2017)
Release time:
2017-11-17
Ladies and gentlemen: Good morning! Today we have gathered here to celebrate the 30th anniversary of Wuxi Yongkaida Gear Co., Ltd., to look back on the company’s journey of growth, and to envision an even more dynamic and brilliant future for Yongkaida. Thirty years ago, in June 1987, with the approval of the Wuxi Municipal Planning Commission, Wuxi Mechanical Process Equipment Factory—a school-run enterprise affiliated with Wuxi No. 2 Industrial School—was established. In 1989, the enterprise was renamed Wuxi No. 2 Gear Factory, and on January 10, 2001, it was restructured into Wuxi Yongkaida Gear Co., Ltd. Over the past three decades, the factory has weathered a wide range of risks and challenges, from
Ladies and gentlemen:
Good morning, everyone! Today we have gathered here to celebrate “Wuxi Yongkaida Gear Co., Ltd.” 30 On this momentous anniversary, let us reflect together on Yongkaida’s journey of growth and look forward to an even more dynamic and brilliant future for the company.
30 Before the New Year, 1987 year 6 The Wuxi Mechanical Process Equipment Factory, a school-run enterprise affiliated with the Wuxi No. 2 Industrial School and approved by the Wuxi Municipal Planning Commission, was established. 1989 In that year, the enterprise was renamed Wuxi No. 2 Gear Factory. 2001 year 1 month 10 The Japanese enterprise was restructured into Wuxi Yongkaida Gear Co., Ltd. 30 Over the years, the factory has endured a wide range of risks and hardships, starting from an annual sales... 20 The workshop-style processing enterprise with a capital of RMB 10,000 has transformed into an advanced, state-of-the-art operation equipped with cutting-edge technology and management systems, boasting a highly skilled workforce capable of producing high-end, precision products, enjoying an excellent market reputation, and achieving annual sales of 1.9 A professional manufacturer of gears and tensioners, with annual sales exceeding 100 million yuan.
Looking back, how was it possible for the company to start with zero cash on the books and zero market presence, relying solely on a dozen dilapidated pieces of equipment—barely enough to keep itself afloat? 48 How did a workshop-style factory, with only a handful of employees, grow into a well-known enterprise in Wuxi City?
First, rely on a belief in proactive striving and on a spirit of hard work, perseverance, and unwavering determination to never give up:
87 When the factory was first established, not a single penny of funding was provided by the higher authorities; at the time, both capital and market access were zero. The top priority was figuring out how to pay the employees’ salaries. Even the leadership of the Second Industrial School at the time was prepared to act as an agent for the school-run factory in disbursing wages. 2 A month’s salary in savings. At the time, it was touted as 48 Individuals, among whom only those who can operate machine tools 10 One-third of the workforce are elderly, uneducated, and lack technical skills. Faced with these challenges, we did not shrink back; instead, we proactively sought out markets to ensure that everyone had enough to eat. With limited funds, many employees worked during the day and then pitched in at night to help relocate the factory. Thanks to the support of the school and the concerted efforts of all staff, the factory not only managed to pay its workers’ salaries but also, through their own hands-on work, spent only 2400 Yoshimoto has been completed. 200 The workload of relocating a multi-ton factory.
1993 This year, we seized the opportunity to supply intermediate shaft gears for engines to Shanghai Volkswagen. However, due to limited resources at the time, the entire prototype manufacturing process was fraught with difficulties; the blank weight of a single gear was 0.3 kilograms, after consuming 2 After processing a ton of material, we finally produced the first qualified product.
1994 Year-end liabilities and owner’s equity only 164 Under the condition of RMB 10,000, we raise funds through crowdfunding and borrowing. 450 Ten thousand yuan will be invested in the mass-production gear workshop. If the investment fails, not only will the Second Gear Factory go under, but it will also bring a host of complications. 1995 year 5 Monthly production has been ramped up for mass supply to Shanghai Volkswagen, and the plant has entered a phase of steady, normal development.
Address: No. 15, JingshengRoad, Industrial Zone, Qianqiao, Wuxi
Consultation phone: Main Line: 86-510-83217781
Sales: 86-510-83217783、86-510-83217785
Mobile Phone: 86-13771255244
Email: yangxiao@yongkaida.com、gkz@yongkaida.com
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