2006.1 VS total asset reaches 6.1 billion with past 17years' development.

2005.5 VS group starts its own hospital "Mingzhou hospital", which is the first private hospital in Zhejiang province.

2003.4 VS Air Conditioner issued <<White Book of China Air Conditioner Technology>> and brought forward the new standard of high quality air conditioner as "Cool, Quiet, Powerful Airflow, Energy Saving"
2003.8 Sales quantity of VS air conditioner is over 2.5 million units, which enable VS rank top 3 in the line of industry.
2003.9 VS Electrical Meter was awarded as State Well-Known Product.

2002.5 VS Air Conditioner got the State CCC approval.
2002.7 Japanese air conditioner senior specialist, Shan Kou Yi Lang and Shui Kou Long Ci, was employed by VS as General Supervisor in Quality and R&D.
2002.11 VS Group fix the 3558 Program, targeting air conditioner sales quantity reaches 5 million units within 3 year and 7 million within 5 years.

2001.3 VS Intellectual Town with investment of RMB1 billon, covering area of 500 Chinese Acre was put into use. VS electrical energy meter ranked No.1 in the world with its 25 million units production capacity.
2001.6 VS long life reliable inductive electrical meter was listed in State Torch Program.

2000.10 VS Air Conditioner got approval from European CE, Germany TUV, which endowed VS with the passport to enter into European market.

1999.9 VS Intellectual Industrial Town start construction.

1997.2 VS passed ISO9002, VS electrical energy meter took the lead to pass ISO9001. 1999.6 VS electrical meter was listed as one of "Recommended products of and manufacturing facilities for national electricity net ", and get the Holland KEMA approval, which is one of International Authoritative Organization in quality test.

1994.3 Technical cooperation with VS ELECTRICAL APPLIANCES US, start production of household air conditioner.

1989.7 Beginning from a small house factory with more than RMB200,00 debt and 8 person,VS start trial production of household electrical meter and entered into electrical meter complete product industry formally.