Apr. 1988 　Weihai Michinery & Electronics Commerical Co.,Ltd. founded

　 Dec.1989 　Shandong Cowitel Electronics Co., Ltd founded, a joint-venture with Hong Kong

　　　　　　　HungNien Electronics Co., Ltd.

　 Feb.1990 　Renamed as Weihai Beiyang Electric Group Co.

　 Nov.1991　Thermal Printing Head Approved by State of Council , a breakthrough in China

　 Nov.1991　Approved by Provincial Science Committee as “High-Advanced-Tech Enterprise”

　 Dec.1992　Import and Export License issued

　 1994–2006 Listed in the Top 100 in Nationwide Electronic Industry

　 Mar.1994　Shandong Samsung Telecommunications Equipment Co., Ltd. founded, a joint-venture

　　　　　　 with Samsung Electronics

　 Jun.1994　Weihai Beiyang Electric Group Co.,Ltd. founded

　 Jun.1994　Shandong Boam Electric Co., Ltd. founded,a joint-venture with Korea Boam Company

　 Dec.1994　Provincial Key R&D Centre approved by Shandong Economics and Trade Committee

　 Oct.1995 　Shandong Hualing Electronics Co., Ltd. founded, a joint-venture with Japan Mitchbishi

　　　　　　　& Itochu Companies

　 Mar.1996　Weihai Seong Ji Electronics Co., Ltd. founded, a joint-venture with Korea Seong Ji

　　　　　　　Electronic Company

　 Dec.1996　Starting the independent development of Thermal Printers and Special Scanner

　 Jun.1997　Approved by National Science Torch Office as “Key High-Advanced- Tech Enterprise”

　 Jul.1999　 Weihai Shinwoo Electronics Co., Ltd. founded

　 Sep.2001　the Second Class Award of state science and technology development awarded for

　　　　　　　Compact Thermal Transfer Printer

　 Dec.2002　Shandong New Beiyang Information Technology Co., Ltd. founded

　 Jul.2003　 Transfer the shares in Shandong Samsung Company

　 Mar.2004 　Weihai Cowitel Telecommunication Technology Co., Ltd. founded

　 Apr. 2004 　Weihai Beiyang Haeng Sung Electronics Co., Ltd. founded

　 May. 2004　Shandong New Cowitel Electronics Co., Ltd. founded