HENAN WEIHUA HEAVY MACHINERY CO., LTD

http://www.weihuacranegroup.com/

During 1988 to 1995, it is the company’s development stage. When the factory was founded in 1988, it only have six employees, a 200mm diameter wheel machine, and a small drill. It is just a hand-workshop with the investment less than 100 thousand yuan, covering less than 3 acres. After eight years of hard work, the company complete the accumulation of original capital in 1995. From 1996 to 2000, it is the management standardization, learning and growth stages. In 1996, investing more than 600 million, buying more than 40 acres of land, building new four plants and one office building, setting up eight department, recruiting management personnel, breaking small workshop management, the implementation of the corporate governance structure, the company started to implement the modern scientific enterprise management. It increased to more than 400 workers from dozens of them. Annual sales of 2000 is 47 million yuan. During this time, Weihua Group is famous for its garden plant environment, standardized workshop, and warehouse management inside and outside of the province, from only producing  electric hoist into producing single and double girder cranes at same time. Weihua has won wide recognition and praise by integrity operation and good service. By strictly quality management and stably manufacturing products with good quality, Weihua took the lead to achieve the ISO9001 quality certification, and Weihua was rated as "advanced quality management unit", becoming pacesetter in lifting industry. Weihua laid a position in the domestic crane industry. From 2001 to 2005, it is the high-speed development and the expansion stage. Buying ore than 200 acres of land in Zhengzhou, and 500 acres of land in Changyuan, investing more than 300 million yuan to expand production scale, weihua had began a rapid expansion and leapfrog development. In these 5 years, the company output value, sales revenue, profits and other major economic indicators increase at the average annual rate of 80%. In 2005, sales revenue is 730 million yuan, among the top three in the domestic lifting industry, and at the top of the list in private enterprises . Weihua Group achieved major breakthrough in the production scale and economic benefits in these years. Production capacity of cranes increased from 50 tons to 400 tons, and sales revenue doubled every year. At this stage Weihua broken through on the management system, and the company management turn into group management and stock management from company management. Since 2006, it is the time to deepen the management, improve comprehensive strength and turn  from large to strong.