History of Company 1987 -Jya-Nay has been established with capital USD535,000, majoring in production of Low Voltage Ceramic Disc Capacitors 1994 - Low Voltage Ceramic Powder was developed and mass production - co-operation with Industrial Technology Research Institute to develop production of Ring Varistors (SrTio3) - Mass production of semi-conductive disc. 1995 - Mass production of Ring Varistors - Medium and High Voltage Ceramic Disc Capacitors were successfully developed and mass production 1999 - R&D of Metal Oxide Varistors with UL and CSA approved. - R&D of AC Safety Capacitors with UL,CSA, VDE, FIMKO, DEMKO, NEMKO, SEMKO and SEV approved. - Mass production of MOV and AC Safety Capacitors. 2000 - Capital increased to USD6,270,000. - R&D of Semi-Conductive type of Ceramic Powder, and penetrate into less quantity production. 2001 - Obtained China safety approval. - Obtained safety approvals for JR series (COG/Y5P/X7R). 2002 - Obtained ENEC approval. 2003 - Capital increased to USD8,700,000 - Initial public offer