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Year 2011 May Established a joint venture company with 常州弘祿華特電機有限公司 to set up a manufacturing base of commercial motors of Welling in Changzhou
May Consolidation of every five shares of HK$0.1 each in the share capital of the Company into one share of HK$0.5 each
Mar Established Midea Welling Motor Technology (Shanghai) Co., Ltd. as the Research and Development Centre in Shanghai which is specialised in the research and development of motor products
Year 2010 Apr Completed the placing of 1,200,000,000 existing shares of the Company and the issue of 600,000,000 new shares of the Company and raised funds of approximately HK$245 million
Mar Hefei Welling Motor Manufacturing Co., Ltd., was established
Year 2008 Dec Shanxi Huaxiang Investment Co., Ltd., a joint venture company owned as to 49% by the Group, was established
Mar Completion of important restructuring exercise involving a business and assets swap
Year 2006 "Welling" products were recognized as "China Top Brand" products by AQSIQ
Year 2004 Huai'an Welling Motor Manufacturing Co. Ltd. was established
Year 2002 Trademark of 威靈 (Welling) was recognized as "Famous Trademark of Guangdong"
Year 2001 Foshan Welling Electronic And Electric Co., Ltd was established
Year 1999 Welling (Wuhu) Motor Manufacturing Co. Ltd. was established
Year 1998 Foshan Welling Washer Motor Manufacturing Co. Ltd. was established
Year 1992 Guangdong Welling Motor Manufacturing Co. Ltd. was established