Milestone

2020

Launching 889AE and Sporty style scooter 779XLS

2019

889ASN first launched in Australia

2015

Pihsiang Energy Technology Co.,Ltd. approved with Initial Public Offering for OTC.

2013

“SHOPRIDER EUROPE S.A.” founded in Luxembourg for the distribution of European market

2012

China quarter founded in Shanghai for the distribution of China market
Pihsiang Homecare Co., Ltd. founded to step in the elders care career of local market.

2011

Pihsiang Electric Vehicle MFG. Co., Ltd. officially stepped in Electric Vehicles field.

2010
  • German branch ” SHOPRIDER GmbH” established as warehouse and service center in Europe
  • The e-Moped (ES-16) granted the approval of E-Mark (EC Type-Approval) Certificate in L1e category.
2009
  • The shift-in investment “Pihsiang Electric Vehicle MFG. Co., Ltd.” found with 1 billion paid-in capital.
  • Taiwan SEC issued the second time unsecured convertible bonds of NT$2 billion for the capital increase of Pihsiang Energy Technology Co.,Ltd. and Pihsiang Electric Vehicle MFG. Co., Ltd.
  • Graded by Taipei Customs Office as the “2008 Superior Customs Bonded Factory”.
2008
  • YangMing Industry (ZheJiang) Ltd. factory construction completed and launched the production of Power Wheelchairs and Medical Mobility Scooters for Europe and the U.S.
  • Japan branch “Shoprider JAPAN Ltd” founded.
  • The shift-in investment Pihsiang Energy Technology Co., Ltd. built strategic alliance with French Automaker MICROCAR, to produce electric vehicles and launched the first model in the same year at Paris Auto Show 2008.
  • In the successive 5 years graded by the Taipei Customs Office as the First-Rate Customs Bonded Factory.
2007
  • Taiwan SEC issued the first time unsecured convertible bonds of 1 billion, which to increase the capital of Pihsiang Energy Technology Co., Ltd. and expand the distribution channels in Europe and U.S.
  • Pihsiang Energy Technology launched the world patented and Envirofriendly TM C-LiFePO4 batteries.
2005
  • Retained earnings shifted into capital to total NT$ 1.734 billion.
  • Medical Device License approved by the Department of Health (Executive Yuan).
  • Pihsiang Machinery merged Pacific Energytech Co., Ltd. and renamed it into Pihsiang Energy Technology Co., Ltd.
  • Pihsiang Machinery further stepped into the world patented C-LiFePO4 battery business.
  • Ministry of Economic Affairs TW(MEA) authorized the Certificate of the Operational Headquarters to Pihsiang Machinery.
2004

Retained earnings shifted into capital of total NT$ 1.705 billion.

2003
  • Retained earnings shifted into capital to total NT$ 1.644 billion.
  • Pihsiang Machinery officially registered as a customs bonded factory governed by Taipei Customs Office.
2002
  • Moved to the new plant.
  • Capital increased to NT$1.296 billion.
  • Retained earnings shifted into capital of total NT$ 1.558 billion.
  • Awarded as global “200 Best Under A Billion Companies for 2002” by FORBES Magazine.
  • The first Taiwanese medical scooter manufacturer certified by Department of Health (Taiwan) as GMP quality assured.
2001
  • On March 21st, began trading on the Taiwan Stock Exchange (first chemistry/biotechnology/medical stocks in Taiwan)
  • Founder Mr. Pi-Hsiang Wu voted as the 19th most invest-worthwhile entrepreneur.
  • Retained earnings shifted into capital of total NT$ 1.284 billion.
  • ISO13485 certified.
2000

Pihsiang was authorized to go public in September Retained earnings shifted into capital of total NT$ 948.33 million.

1999
  • Awarded the “Innovation Research Award for Small & Medium Enterprises” by the Ministry of Economy Affairs.
  • Pihsiang’ scooters were ranked as the No.1 by the BHTA (British) in Quality and Reliability for a successive 8 years.
  • Stock listing counseling.
  • ISO14001 certified.
  • Retained earnings shifted into capital of total NT$ 727.74 million.
  • Pihsiang Machinery was authorized with the “Tax-Ease Reward to Important Technology” by the Industrial Development Bureau (MEA).
1998
  • Retained earnings shifted into capital of total NT$ 559.8 million.
  • ISO9001 certified with the scope of power wheelchairs and scooters.
  • “Little Giant Award” granted by the Small & Medium Enterprises Administration (MEA).
1997
  • Retained earnings and cash turned into capital of total NT$ 450 million and proceed to go public.
  • “Shoprider” power wheelchair approved and certified by FDA and benefited full-amount subsidy from Medicare (U.S.).
1996

Capital increased to total NT$ 180 million.

1995

CE Mark (EU) certified.

1994

Capital increased to total NT$ 90 million.

1993

TNO (NL) and TGA (AU) certified.

1992

ADP (CA) certified.

1989

Obtained U.S. patent of the T-handlebar Four-wheeled scooter FDA (US) and JIS (Japan) certifications for the Four-wheeled scooter.

1988

Capital increased to total NT$ 50 million and renamed as “Pihsiang Machinery MFG. Co., Ltd.”.

1987

Capital increased to total NT$ 16.7 million.

1984

Land purchased and built the plant

1983

“Pihsiang machinery MFG. Ltd.” registration authorized, capital NT$ 5 million.