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