Company
2001
- Taiwan Paiho Limited. (Taiwan Paiho Company)established Paiho Group Inc. (Paiho Group Company)locates in British Virgin Islands, capital amount of US$2.5 million. Paiho Group Company then invested &established Paiho Holdings Ltd., and Paiho Holdings Ltd., established Wuxi Paiho Company in China Mainland.
2005
- Due to business restructuring requirements, Taiwan Paiho Company invested &established Dongguan Paihong Company though Pai Shin Corp. (Pai Shin Company)with 100% holding shares, in order to provide customer services in Pearl River Delta.
2007
- Wuxi Paiho Company invested Dongguan Paihong Company by cash of US$7.5 million and obtained 75% shareholding of Dongguan Paihong Company.
- For the group restructuring requirements, Taiwan Paiho Company reinvested and established Paiho Shih Holdings Corporation set in British Cayman Islands through Paiho Int`l Limited.(Paiho Int`l Company)Taiwan Paiho Company has 100% shareholding indirectly with registered capital of US$20 million. Paiho Shih then set up Hong Kong Antex Limited. (Hong Kong Antex Company)with 100% equity interest and registered capital of US$20 million.
- Wuxi Paiho Company was originally held 100% share equity by Paiho Holdings Ltd. For adjustment of group investment structure, Wuxi Paiho Company was transferred and held by Hong Long Antex Company.
- Wuxi Paiho Companyincreased capital and introduced external shareholders, the Company then held 89.3% indirect equity of Wuxi Paiho Company. Wuxi Paiho Company Shareholders`Meeting approved limited company to restructure into a stock limited company and converted 300,000,000 shares of equity, each denomination was one RMB Dollar. The net worth and the equity exchange difference are listed as additional paid-in capital.
2009
- For adjustment of group restructuring, the Company 100% held Hong Kong Antex Company 100% of equity. Hong Kong Antex Company took over Dongguan Paihong Company 25% of equity which was original owned by Pai Shin Company.
- The Company increased capital and reinvested Hong Kong Antex Company. Hong Kong Antex Company then purchased 3.91% shareholdings of Wuxi Paiho Company from minority shareholders.
2010
- The Company approved each par vaule denomination changed from one USD to 10 NTD. After converting, the paid-up share capital was NT$1,764,229 thousand.
- Wuxi Paiho Company awarded "High-Technology Product Enterprise Certificate" issued by Jiangsu Province Science &Technology Commission, and corporate income tax by levy 15%.
- On December 30, the Company was approved listing by TWSE.
2011
- On May 18, 2011 the Company was listed in the TWSE.
- Wuxi Paiho Company awarded certificate of "Fire Retardant Hook and Loop Engineering Center" issued by The Science &Technology Bureau of Wuxi City, Jiangsu Province.
2013
- Wuxi Paiho Company invested and established Wuxi Paihong Company.
- Dongguan Paihong Company acquires certificates of ISO 9001 on Quality Management System and ISO 14001 on Environmental Management System.
2015
- Dongguan Paihong Company awarded "High-Technology Enterprise Certificate" issued by Guangdong Province Science &Technology Commission.
- Develop the product of Jacquard Engineered Mesh and enter into main material`s supply chain.
2016
- Both Wuxi Paiho Company &Dongguan Paihong Company awarded certificate of "China Water Footprints Assessment", "Products Carbon Footprints" and "Carbon Neutral" issued by CQC.
- The Company indirectly established Vietnam Paihong Company through Hon Shin Company with 100% shareholding.
- Dongguan Paihong Company awarded certificate of "Guangdong Province Special Weaving &Composition of Fabric Technique Research Center issued by Guangdong Province Science &Technology Commission".
2017
- Dongguan Paihong Company identified as the "Provincial Enterprise Technology Center" awarded by Economic &Informational Technology Committee of Guangdong Province.
- Dongguan Paihong Company identified as the "Enterprise Energy Management Center of Dongguan City" awarded by Economic &Information Technology Bureau of Guangdong Province.
- Wuxi Paiho Company invested and established Wuxi Paiwei Company. The major business items are production and sales of masks and non-woven products.
- Dongguan Paihong Company was selected as "Dongguan City Key Enterprise of Implementing the Scale and Benefit Multiplication Plan" by Dongguan Municipal People`s Government.
2018
- The product Jacquard Engineered Mesh awarded certificate of "China Water Footprints Assessment" and "Products Carbon Footprints".
- Wuxi Paiho Company awarded by Ministry of Industry and Information Technology of the People`s Republic of China as "Green Plant".
- The environmental Webbing product of Wuxi Paiho Company awarded certificate of "The Best Products" issued by China Low-Carbon Technology Expo Committees.
- Both Wuxi Paiho Company &Dongguan Paihong Company obtained the certificate of ISO 45001 on Occupational Health &Safety Management System.
2019
- Both Wuxi Paiho Company & Dongguan Paihong Company obtained the certificate of ISO 50001 on Energy Management System.
- Dongguan Paihong Company obtained the certificate of GB/T29490：2013 on Intellectual Property Management System.
- Vietnam Paihong Company obtained the certificate of ISO9001 on Quality Management System, ISO14001 on Environmental Management System and ISO45001 on Occupational Health & Safety Management System.
- Dongguan Paihong Company awarded by Ministry of Industry and Information Technology of the People’s Republic of China as“ Green Plant ” .
2020
- 2020 Wuxi Paiho Company awarded by Committee of Xishan Economic & Technological Development Zone as “Advanced Enterprise of Enviromental Protection in 2019’’.
- Dongguan Paihong Company obtained the certificate of Recycled Claim Standard (RCS) 2.0.
- Wuxi Paiwei Company obtained the certificate of ISO9001 on Quality Management System.
2021
- For group restructuring purpose, Dongguan Paihong Company is held 100% by Wuxi Paiho Company instead of 25% and 75% held individually by Hong Kong Antex Company and Wuxi Paiho Company.
- Through Hong Kong Antex Company, the Company acquired 6.79% shareholding of Wuxi Paiho Company from minority shareholders. After the transaction, total ownership of Wuxi Paiho Company held by Hong Kong Antex Company is 99.99%.
- Hong Kong Antex Company acquired 100% shareholding of Wuxi Paiwei Company from Wuxi Paiho Company.
- To meet the future business needs, Wuxi Paiho Company established Shanghai Best Expectation Company in Shanghai Pilot Free Trade Zone, and then Shanghai Best Expectation Company established Hong Kong Best Expectation Company in Hong Kong for international investment and trading.
- Wuxi Paiho Company awarded by Committee of Xishan Economic & Technological Development Zone as “Advanced Enterprise of Ecological and Enviromental Protection in 2020’’.
- Wuxi Paiwei Company obtained a production permit for making medical mask production from Jiangsu Food and Drug Administration.
- Wuxi Paiho Company and Vietnam Paihong Company obtained the certificate of Global Recycled Standard (GRS) 4.0.
2022
- Dongguan Paihong Company obtained the certificate of Global Recycled Standard (GRS) 4.0.
- For group restructuring purpose, Vietnam Paihong Company is held 100% by Hong Kong Best Expectation Company instead of 100% held by Hon Shin Company.
- 100% equity share of Shanghai Best Expectation Company, previously held by Jiangsu Paihong Company (Wuxi Paiho Company), was split and co-owned by Jiangsu Paihong Company, 51%, and Dongguan Paihong Company, 49%, respectively.
- Vietnam Paihong Company obtained the certificate of SA8000:2014 Social Accountability Standard.
- Wuxi Paiwei Company obtained the certificate of ISO14001 on Environmental Management System, and ISO45001 on Occupational Health & Safety Management System, and ISO 13485 on Medical Devices Quality Management System.
2023
- Jiangsu Paihong Company, Dongguan Paihong Company, and Vietnam Paihong Company awarded certificate of “IQNet SR10:2015 Social Accountability Management System ” issued by CQC.
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22% and 78% of equity share of Shanghai Best Expectation Company are respectively held by Jiangsu Paihong Company and Dongguan Paihong Company instead of 51% and 49% of equity share originally held by Jiangsu Paihong Company and Dongguan Paihong Company, respectively.