The predecessor of Baoding Tianwei Baobian Electric Co., Ltd. is
Baoding Transformer Factory, which was founded in 1958. As one of
the 100 pilot enterprises of the State Council for establishing the
modern-enterprise system, approved by National Development and
Reform Commission and Hebei Provincial Government, Baoding
Transformer Factory was restructured to become an enterprise group
authorized by the state to manage the state-owned assets in June
In the recent years, starting from the actual status of the
enterprises, adhering to the basic concept of Establishing Group,
Managing Assets, Restructuring Industries and Pursuing Development
for modern enterprise system reform and the operating strategy of
One Core Industry with Multi-operations for All-round Development ,
our company, Baoding Tianwei Baobian Electric Co., Ltd., now is
become a large company which is specializing in manufacturing large
After Baoding Tianwei Baobian Electric Co., Ltd. was founded, it
was certified to meet the standards of high and new technology
enterprise and achieved the Double High-Tech Certification by the
Ministry of Science and Technology and Chinese Academy of Sciences
at the end of 1999. In August 2000, our company passed the normal
operation acceptance by China Securities Regulatory Commission.
On January 12, 2001, our company was listed in the name of Tianwei
Baobian at Shanghai Stock Exchange, and issued 60 million shares of
Stock A by means of network pricing, raising fund of RMB 0.52
billion. Our company has developping rapidly since then. We
successively established Xinyu Science and Technology Development
Co., Ltd on the basis of information technology development and
developing online monitoring devices for transformers as its
representative products; Baoding Yingli New Energy Source Co., Ltd.
specializing in manufacturing polysilicon solar batteries.
All of these have established a solid foundation for the further
development of our company.