In 1993 to1996, the factory accumulatively invested 36 million Yuan in technological transformation funds for technological transformation

In January 1994 to July 1995, the factory have built three standard workshops with 5 floors in Hongqi Industrial Zone

In May 1997, the factory moved from Yangjiaqiao to Hongqi Industrial Zone and built a 9 floors factory building in the same year

In January 1998, Zhejiang Ruili Industrial Group was established

In April 1998, the comoany listed as the first batch of recommended enterprises by the National Auto Parts Double Hundred Promotion Committee