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| JAN. 1, 1981 |
IES CORPORATION set up |
| JAN. 18, 2004 |
IES (Shanghai) Co., Ltd. set up (Capital: USD 140,000) |
| MAY.1, 2006 |
IES (Shanghai) Co., Ltd. increase of capital to USD 310,000 |
| JUN. 1, 2006 |
IES (Shanghai) Co., Ltd. establish IES Mechanical Installation Engineering Co., Ltd. |
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