In May, the first prototype of DCX-4 electric telecontrol microcomputer terminal equipment was successfully put into trial operation in Qingdao Electric Power Bureau, with the technology reaching the advanced level in China.
DCX-4 electric telecontrol microcomputer device was rapidly introduced to the whole country, accounting for 25% of the 211 local dispatching stations in China.
The enterprise management implements the "one-stop contracting system", which better plays the enthusiasm of scientific and technological personnel, shortens the development cycle of new products, and improves the competitiveness of new products. In the following four years, a total of 45 microcomputer telecontrol series products have been developed, with an average of 9 new achievements launched each year, most of which have formed mass production.
In April, Yantai Computer Company was established on the basis of Yantai Radio No.6 Factory, with three branches and a service department. Yantai Radio No. 3 Factory was merged into the computer company to establish a branch of external equipment.
it successfully promoted to the national second-class enterprise.
The Company has built the first production line of 100,000 keyboards and 10 million key switches in China. The product quality has reached the advanced level of international products in the same period. The domestic market share reached more than 80%, ending the era of all China's computer keyboard relying on imports.
In September, approved by the municipal government, Yantai Dongfang Electronics Information Industry Group was established.
At the end of 1993, upon approval by the document (STGWLTGSZ [1993] No.414), the group company implemented the shareholding reform. Yantai Dongfang Electronics Information Industry Group Co., Ltd. was transformed into Yantai Dongfang Electronics Information Industry (Group) Co., Ltd.
From January 8 to 10, stocks were issued to the public for raising funds. A total of 36 million shares were raised in a targeted method.
The group company was determined as a national enterprise technology center by the State Economic and Trade Commission, the State Taxation Administration and the General Administration of Customs.
On January 21, "Dongfang Electronics" was listed and traded on Shenzhen Stock Exchange with stock code 000682.
On February 13, the Company was awarded a postdoctoral scientific research workstation.
In July, Dongfang Electronics was audited by the China Securities Regulatory Commission for alleged "significant accounting errors." Its stocks fell sharply, causing great losses to shareholders.
In May, the stocks of Dongfang Electronics were specially treated as ST.
In December, the Yantai Municipal People's Government determined that the income of RMB1.039 billion from the sale of stocks of Dongfang Electronics Co., Ltd., after deducting taxes, should be owned by Dongfang Electronics Corporation.
Dongfang Electronics overwhelmingly passed the stock split reform plan at a cost far lower than the national and Yantai’s average stock reform costs.