the estimated cumulative production of 270 million watches.

July 1955 Shanghai, organized 29 minute plants and watch shop, watch trial began.

 

September 26, 1955, the National Day on the eve of the first batch of 18 developed the "East is Red" and "peace" brand watch; 18 test products, parts and components from local materials, such as round tablets from the harmonica reed, shaft by the umbrella bone restructuring.

 

Test products, parts in addition to "gossamer" precious stones, all handmade by the local and the formal end of the production of small horses can not watch the Chinese history.

 

March 1958, A581 mechanical watches officially put into operation, the registered trademark licensed to Shanghai the same year on April 23, China's first watch factory was established, named for the local state-owned Shanghai Watch Factory.

 

Since 1999, the slump in the domestic watch industry, the Shanghai Watch Factory officially "declared" bankruptcy plan "to end the nearly half-century watchmaking Kingdom, the estimated cumulative production of 270 million watches.