1915年(nian)，民族實業家李東山(shan)先生在煙臺創辦寶時造鐘(zhong)廠，成為(wei)中(zhong)國機械制鐘(zhong)的發端(duan)，產品(pin)注(zhu)冊(ce)為(wei)“寳”字商(shang)標(biao)。1959年(nian)又(you)注(zhu)冊(ce)了(le)一個國際化商(shang)標(biao) “北(bei)極星(xing)”，1960年(nian)正式啟用。經幾代人(ren)的努力(li)，北(bei)極星(xing)取得了(le)輝(hui)煌成就(jiu)，為(wei)地方經濟發展做出了(le)突出貢獻。

經過近百(bai)年的不斷開拓(tuo)和(he)發展，北極星具(ju)有(you)較(jiao)強的技術(shu)開發和(he)雄厚的機(ji)(ji)(ji)械、電子、木(mu)業(ye)加工能(neng)力，能(neng)夠大規模生產(chan)(chan)(chan)加工鐘(zhong)(zhong)表(biao)(biao)及零部(bu)件(jian)，是國內(nei)(nei)具(ju)有(you)鐘(zhong)(zhong)和(he)表(biao)(biao)綜合(he)生產(chan)(chan)(chan)能(neng)力且配套完整、品(pin)種(zhong)齊(qi)全的加工制造(zao)企業(ye)。產(chan)(chan)(chan)品(pin)主要有(you)機(ji)(ji)(ji)械鐘(zhong)(zhong)、手表(biao)(biao)、石英鐘(zhong)(zhong)、技術(shu)用鐘(zhong)(zhong)4個(ge)產(chan)(chan)(chan)品(pin)板(ban)塊，以及寶石和(he)彈性元件(jian)2個(ge)配套產(chan)(chan)(chan)品(pin)。其中，機(ji)(ji)(ji)械鐘(zhong)(zhong)已形成八大系(xi)列(lie)上(shang)百(bai)個(ge)花色品(pin)種(zhong)，其精湛的制造(zao)工藝在國內(nei)(nei)同行(xing)業(ye)處(chu)于(yu)領先(xian)地位(wei)，是迄今為止(zhi)國內(nei)(nei)規模較(jiao)大、世界品(pin)種(zhong)齊(qi)全的機(ji)(ji)(ji)械鐘(zhong)(zhong)生產(chan)(chan)(chan)基地。

為適應市(shi)(shi)場競(jing)爭的(de)需(xu)要，2001年組(zu)(zu)(zu)建(jian)了(le)煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)國有(you)(you)(you)控股有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)，采取“關閉(bi)破產(chan)一批、重組(zu)(zu)(zu)整合(he)一批、做強(qiang)做大一批”三(san)步(bu)走(zou)戰略(lve)，推動北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)逐(zhu)步(bu)由重點解決歷史遺(yi)留問(wen)題轉向加快(kuai)企(qi)業(ye)發展(zhan)上(shang)來。目前，前兩(liang)步(bu)走(zou)基(ji)本完成，在(zai)具(ju)體實施(shi)過程中積(ji)極(ji)(ji)(ji)為發展(zhan)打基(ji)礎，通過控股公(gong)(gong)司(si)的(de)投資(zi)和重組(zu)(zu)(zu)，組(zu)(zu)(zu)建(jian)了(le)煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)中信機械有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)石(shi)英鐘有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)表業(ye)有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)鐘表研究所(suo)有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)榮華(hua)鐘業(ye)有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)海鷗(ou)表業(ye)有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)華(hua)晶寶石(shi)有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)計(ji)時(shi)儀器有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)彈性元(yuan)件有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)、中法合(he)資(zi)的(de)煙(yan)(yan)(yan)臺(tai)(tai)(tai)北(bei)(bei)極(ji)(ji)(ji)星(xing)(xing)高基(ji)時(shi)間同(tong)步(bu)技術有(you)(you)(you)限(xian)(xian)(xian)(xian)公(gong)(gong)司(si)等子公(gong)(gong)司(si)。今(jin)后一個(ge)時(shi)期，將加快(kuai)實施(shi)第三(san)步(bu)走(zou)戰略(lve)，以發展(zhan)為主題，加快(kuai)經(jing)濟增長(chang)方式轉變，圍繞“組(zu)(zu)(zu)織結構(gou)調(diao)(diao)整、市(shi)(shi)場結構(gou)調(diao)(diao)整、產(chan)品結構(gou)調(diao)(diao)整”三(san)個(ge)調(diao)(diao)整開展(zhan)工作。

2009年底，為充分發揮北極(ji)(ji)星(xing)(xing)制鐘(zhong)(zhong)優(you)(you)勢，打造百年品牌(pai)，北極(ji)(ji)星(xing)(xing)對生產鐘(zhong)(zhong)類產品包括機(ji)械鐘(zhong)(zhong)、石英(ying)鐘(zhong)(zhong)、技術用(yong)鐘(zhong)(zhong)等的(de)資源進行(xing)了(le)重(zhong)組(zu)，組(zu)建(jian)了(le)煙(yan)臺北極(ji)(ji)星(xing)(xing)股份有限公司，進一步優(you)(you)化了(le)北極(ji)(ji)星(xing)(xing)組(zu)織(zhi)結構和(he)資源配置(zhi)，提(ti)高了(le)企業經(jing)濟(ji)效益(yi)，為推(tui)動北極(ji)(ji)星(xing)(xing)向(xiang)高新技術企業轉型創(chuang)造了(le)條件。

2012年初，市(shi)政府(fu)已經確(que)定(ding)將重(zhong)點(dian)支持北(bei)極(ji)星(xing)老品牌的(de)(de)(de)振(zhen)(zhen)興(xing)和(he)發展(zhan)，相關部門正在(zai)制定(ding)品牌振(zhen)(zhen)興(xing)方(fang)案(an)，采取多種措(cuo)施加快發展(zhan)步伐(fa)。按照市(shi)政府(fu)的(de)(de)(de)總體部署和(he)要求(qiu)，北(bei)極(ji)星(xing)將加快改革改制步伐(fa)，圍繞機(ji)械鐘(zhong)、手表(biao)、技(ji)(ji)術用鐘(zhong)、石英鐘(zhong)的(de)(de)(de)資源(yuan)進(jin)一(yi)步重(zhong)組優化(hua)(hua)(hua)、深化(hua)(hua)(hua)結構(gou)調整，通過實施退城(cheng)進(jin)園(yuan)解決歷(li)史遺(yi)留(liu)問題，加快更新設備、加快產(chan)品換代升級(ji)，聚集到園(yuan)區內發展(zhan)，努力將北(bei)極(ji)星(xing)的(de)(de)(de)核心技(ji)(ji)術轉化(hua)(hua)(hua)成(cheng)核心競(jing)爭力，推(tui)動煙臺鐘(zhong)表(biao)產(chan)業(ye)又快又好發展(zhan)，同時(shi)積極(ji)向(xiang)與鐘(zhong)表(biao)密切相關產(chan)業(ye)拓展(zhan)。通過加大研發投入，實現跨越式發展(zhan)，推(tui)動北(bei)極(ji)星(xing)向(xiang)世界品牌行(xing)列(lie)邁進(jin)，將北(bei)極(ji)星(xing)打造成(cheng)世界品牌。