Dalian North Instrument Transformer Group adheres to scientific management, standardized operation and group-based development. Starting from scratch, it only took the enterprise 7 years to develop into one of the "Top Instrument Transformer Enterprises in China"; and merely 10 years to cultivate its corporate brand and obtain the title of "China Well-Known Trademark". Both the enterprise's development speed and brand growth process have become models in China's instrument transformer industry. Its corporate influence, market competitiveness and brand reputation have been constantly rising, which further consolidates the enterprise's position in China's instrument transformer industry and enables it to play an irreplaceable role in promoting and leading the healthy development of the industry. Currently, the enterprise is striding forward on the path of healthy and sustainable development.

Inception Stage

On November 14, 1997, under the guidance of the Party Central Committee's policies vigorously supporting the development of private enterprises, Li Taochang resigned from his position as factory director of a collective-owned enterprise and raised 3.2 million yuan to establish Dalian North Instrument Transformer Factory. At that time, the factory only had 42 employees, a piece of barren hillside and several old houses. Restricted by equipment conditions, it could only produce some types and models of medium and low-voltage instrument transformer products. However, the factory's development did not slow down due to harsh conditions, nor did the product quality decline due to various difficulties. Li Taochang fully implemented the corporate spirit of "Character Determines Products" and earnestly practiced the business philosophy of "Strengthening the Enterprise, Enriching Employees and Giving back to the Society". In the year of its official production, the factory achieved remarkable performance, laying a solid foundation for the group-based development.

Healthy Growth Stage

Strategic decision-makers with a learning mindset have built a learning-oriented enterprise and cultivated learning-oriented employees, ensuring that employees' capabilities keep pace with the enterprise's strategy and promoting the healthy growth of the enterprise. After going through the initial stage of accumulating capital for survival, the enterprise's production and sales volume increased year by year, the number of employees kept growing, and the enterprise scale expanded rapidly. It basically achieved a major healthy leap every three years, gradually standing out in the industry. More and more domestic and foreign customers have successively established supply-demand cooperative relationships with the enterprise.

Expansion and Maturity Stage

After more than a decade of trials and hardships as well as cultural accumulation, the enterprise has developed from a growing stage to an expansion stage and evolved from immaturity to maturity. During the process of leapfrog development, the enterprise has fully adopted advanced management concepts and management tools, striving to integrate management theory with practice. Key links such as technology R&D, quality control, production and sales have shown a spiral upward trend, and the comprehensive strength has been significantly enhanced, enabling the enterprise to move towards further expansion and maturity.

In 2000, the enterprise founded Dalian North Vacuum Switch Factory; in 2003, it established Dalian North Surge Arrestor Co., Ltd. and built a high-voltage transformer production line in the same year. In 2005, Dalian North Instrument Transformer Factory was renamed "Dalian North Instrument TransformerCo., Ltd.", and Dalian North Vacuum Switch Factory was renamed "Dalian North Vacuum Switch Co., Ltd.". In 2006, the group was formally established, namely "Dalian North Electric Appliance Group". In 2008, Dalian North Instrument Transformer Co., Ltd. was renamed "Dalian North Instrument Transformer Group Co., Ltd.", and meanwhile, Dalian North Electric Appliance Group was renamed "Dalian North Instrument Transformer Group". The group has one parent company: Dalian North Instrument Transformer Group Co., Ltd.; and three subsidiaries: Dalian North Vacuum Switch Co., Ltd., Dalian North Surge Arrestor Co., Ltd. and Dalian Hongrun Packaging Products Co., Ltd. In 2009, Hunan NORIT Instrument Transformer Co., Ltd. was established.

At present, the enterprise has more than 1,800 employees, covers an area of 400,000 square meters, and has a total asset of 900 million yuan. Its technical equipment and testing capabilities have reached the advanced level in the same industry. It develops dozens of new products every year and has obtained nearly 100 patents successively.

Vision

The past glories have become history. In this era full of opportunities and challenges, it remains a long and arduous task to enhance the enterprise's image strength, competitiveness, product strength and sales capability. The enterprise is committed to building recognition from society, satisfaction of employees and trust of customers, so as to achieve a win-win situation among the enterprise and society, the enterprise and employees, as well as the enterprise and customers, and vigorously promote the healthy and sustainable development of the enterprise.

With the commissioning of the intelligent instrument transformer project covering nearly 40,000 square meters, the enterprise strives to achieve an annual sales revenue of 1 billion yuan by 2020, build itself into an "aircraft carrier" in China's instrument transformer industry, lead the development of China's instrument transformer industry, enhance the global influence of China's independent brands, boost the morale of the national industry, and make new contributions to the development of China's and even the world's electric power industry.