1. In 1958, China Light Industry Die Factory came into existence. It was mainly engaged in the producing of glass die and non-standard light-industry machinery.
2. On July 26, 1986, for the purpose of developing new products, exploiting new market, and expanding lateral economic ties, China Light Industry Die Factory added its plant named “China Electrician Machinery Factory”, after getting the permission from the China Economic Commerce Committee. It changed its business to make wire & cable dedicated equipment.
3. On June 2, 1994, China Economic committee, Program Committee and System changing department issued documents together for exerting leading enterprise’s advantage. They agreed to establish “CMG Electrician Group” based on “China Light Industry Die Factory”.
4. In order to introduce international advanced technology, China Electrician Machinery Factory and Walsin (Shanghai) Investment Co,. Ltd., after authorized by China Foreign Economic Commerce Committee, invested together in a new company on November 12, 1996. This new company was renamed as China Walsin Electrician Machinery Co., Ltd, on 30 September, 1997. It is in charge of designing, developing and selling products, while China Electrician Machinery Factory is responsible for the product manufacturing, quality control, and after-sale service.
5. For the sake of establishing the modern enterprise system, China Walsin Electrician Machinery Factory, authorized by People’s Government of Anhui Province, changed their system integrally and established CMG Electrician Joint Stock Co., Ltd., on December 27, 1996.
6. On August 27, 1999, after authorized by People’s Government of Anhui Province, CMG Electrician stock Co., Ltd, which is specialized in Designing, manufacturing and selling electrician machinery, moved their plants to China Economic-Technological Development Zone and established CMG Cable Machinery Joint Stock Co., Ltd.
7. In April, 2005, the inner employee’s stock, which occupies 24.75% of the company stock, was transferred to China National Building Material & Light Industry Machinery Group Corporation (China National Building Material & Light Industry Machinery Group Corporation changed name for China United Equipment Group company in April 2010.).
8. In September, 2005, China Industry Investment Joint Stock Co., Ltd. transferred their stock, which occupied 72.5% of the company, to China Light Industry Machinery Group Corporation, thus the Corporation has already held the stock accumulative total 97.25% of the company and became their subsidiary company.
9. In January, 2007, for the company development, CMG Cable Machinery Joint Stock co., Ltd. was renamed as CMG Technology Co., Ltd.
10. In April, 2007, all stocks of China Walsin Electrician Co., Ltd were absorbed by CMG Technology Co., Ltd. for the corporate merger. All the debts and creditor’s rights of China Walsin Electrician Co., Ltd were in the charge of CMG Technology Co., Ltd.
11. In December, 2011, China Machinery Group was founded.