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Another 2,500m² was added into the plant area. The trademark “Yawei” was registered. Yawei began to produce dry-type transformers.
Nantong Yawei Transformer Factory was established.
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The company was further expanded to have another 25,000m², including a newly built transformer manufacturing plant and three-floor office building.
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Nantong Baiwei Electric Co., Ltd. was founded, and its annual output value exceeded RMB 100 million for the first time.
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Jiangsu Yawei Transformer Co., Ltd. added another 86,000m² into the factory. Nantong Certified Enterprise Technology Center was established.
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Yawei’s first 110kV transformer was developed and passed tests and validation.
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From 2011 onwards, Chairman Yang Liwen was entitled Hai’an Outstanding Entrepreneur every year.
Nantong Zhihe Electric Co., Ltd was established, and the group’s annual output value exceeded RMB 300 million.
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The “Yawei” trademark was entitled Nantong Famous Trademark. Yawei launched an ERP management system to implement informatization management.
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Nantong Baite New Material Technology Co., Ltd. was founded, and the group’s annual output value exceeded RMB 500 million.
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Yawei was selected as Top 100 Private Companies of Nantong and High-tech Enterprise. The group’s annual output value exceeded RMB one million.
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Henan Yili Electric Co., Ltd., Jiangsu Yawei Power Engineering Co., Ltd. and Sichuan Yawei Tebian Electric Equipment Co., Ltd. were established. A transformer factory was built in Cambodia.
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Jiangsu Yawei Transformer Co., Ltd. Special Transformer Factory Area was constructed, covering an area of 44,000m² and including a new 500kV transformer factory.
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Nantong Zhihe Electric Co., Ltd. and Nantong Baiwei Electric Co., Ltd. expanded their factory respectively with another 46,666m² and 40,000m². The group’s annual turnover exceeded RMB three billion.