Initial stage of the company.It was a small handworked factory belongs to Guangming Commune Xiaoshan District, which owns poor facility with semi-mechanical semi-manual operation. It's administration mode is experience management, with strong traditional human relationship concept.

In 1984, try out system of responsibility by factory manager, Mr. Xiang Zhongxiao was deputed as factory manager. Enterprise administration shifted from experience management to strict institutional management mode.

In April 1993, a joint-stock cooperative enterprise named hangzhou qianjiang transformer co., LTD was established. The enterprise administration changed from factory management to modern enterprise management mode.

After 1999, enterprise administration turned to group management mode, from the single production and business mode to the operation mode of interaction between production and capital operation, diversified industrial structure development.

Based on informatization and industrialisation, QRE promotes on information construction, fully implement on the construction of mobile internent OA platform, ERP resource sharing platform, MES manufacturing execution system and CAPP computer acided process planning, to achieve information interconnection between all the systems through integration, and to provide strong support for rapid development of the enterprise.

Looking forward to the future, QRE will widely carry out international cooperation in equipment industry, environmental protection industry and new energy strategy with an international perspective.