| 1983 |
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Pihsiang machinery MGF. Co. was formed with NT$5 million dollars paid-in capital.
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| 1984 |
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Bought lands to build plant.
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| 1987 |
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Increased its paid-in capital to NT$16.7 million dollars.
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| 1988 |
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Increased its paid-in capital to NT$50 billion dollars and the company was renamed to Pihsiang Machinery MGF. Co., Ltd.
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| 1989 |
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The T-handlebar four-wheeled scooter received U.S. patent.
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The four-wheeled scooter received FDA (US) and JIS (Japan) certifications.
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| 1992 |
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The products received ADP (Canada) certification.
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| 1993 |
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The products received TNO (Netherlands) and TGA (Australia) certifications.
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| 1994 |
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Increased its paid-in capital to NT$80 million dollars.
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| 1995 |
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The products received CE Mark (European Union) certification.
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| 1996 |
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Increased its paid-in capital to NT$180 million dollars.
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| 1997 |
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Increased paid-in capital from cash and retain earnings; paid-in capital increased to NT$450 million dollars; meanwhile, the company prepared to go public.
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The "Shoprider" brand power wheelchair received FDA certification and be approved for Medicare reimbursement.
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| 1998 |
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Transferred return earnings to capital; the paid-in capital increased to NT$558 million dollars.
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Its power wheelchairs and scooters received ISO9001 certification.
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The company was awarded the "Rising Star Award" from the "Small & Medium Enterprises Administraintion."
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| 1999 |
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The company was awarded the "Innovation Research Award for Small & Medium Enterprises" from the "Ministry of Economy."
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Its scooter quality and reliability were ranked as the best from the BHTA, a British association, in eight years.
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Company was preparing to go public.
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Received ISO14001 certification.
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Transferred return earnings to capital; the paid-in capital increased to NT$727.74 million dollars.
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| 2000 |
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In September, the company was authorized to go public; Pihsiang became a public listed company.
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Transferred return earnings to capital; the paid-in capital increased to NT$948.33 million dollars.
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| 2001 |
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March 21st, the stock began trading on the Taiwan Stock Exchange
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Mr. Wu Pi Hsiang, was rated the 19th of most valuabel entrepreneur.
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Transferred return earnings to capital; the paid-in capital increased to NT$1.284 billion dollars.
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Received ISO13485 certification.
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| 2002 |
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New plant and facility was completed; moved into the new factory.
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Increased its paid-in capital to NT$1.296 billion dollars.
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Transferred return earnings to capital; the paid-in capital increased to NT$1.558 billion dollars.
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The best 200 companies for 2002 (under Billion) from the Forbes Magazine.
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The first Taiwanese company in receiving the GMP, quality assurance, certification on scooter from the Department of Health, Taiwan.
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| 2003 |
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Transferred return earnings to capital; the paid-in capital increased to NT$1.644 billion dollars.
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| 2004 |
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Transferred return earnings to capital; the paid-in capital increased to NT$1.705 billion dollars.
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| 2005 |
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Transferred return earnings to capital; the paid-in capital increased to NT$1.734 billion dollars.
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It was permited to manufacture medical equipment by the Department of Health, Taiwan.
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