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1989年～1992年原唐山市自行车厂连续四年累计亏损5043万元,企业生产经营活动几乎处于绝境,资不抵债,濒临停产状态。1993年2月被唐山钢铁(集团)公司兼并,改为
From 1989 to 1992, the original bicycle factory in Tangshan lost a total of 50.43 million yuan for four consecutive years. The production and business activities of the enterprises were almost in a state of despair. They were insolvent and were on the verge of shutdown. February 1993 was Tangshan Iron and Steel (Group) Company merger, changed to