1915年，民族實業家(jia)李東山先生在煙臺創辦(ban)寶時造鐘廠(chang)，成(cheng)為(wei)中國機械(xie)制鐘的發(fa)端(duan)，產品注冊為(wei)“寳(bao)”字商(shang)標(biao)。1959年又(you)注冊了一個國際化商(shang)標(biao) “北極(ji)星(xing)”，1960年正(zheng)式啟用(yong)。經(jing)幾代人的努力，北極(ji)星(xing)取得(de)了輝煌成(cheng)就，為(wei)地方經(jing)濟發(fa)展做出了突(tu)出貢獻。

經過近百(bai)年的不斷(duan)開(kai)拓和發展(zhan)，北(bei)極(ji)星具有(you)較(jiao)強(qiang)的技術(shu)開(kai)發和雄厚的機(ji)械、電子、木業加工能(neng)力，能(neng)夠大規(gui)模(mo)生產(chan)(chan)加工鐘(zhong)(zhong)(zhong)(zhong)表(biao)及(ji)(ji)零(ling)部件(jian)(jian)，是國(guo)內具有(you)鐘(zhong)(zhong)(zhong)(zhong)和表(biao)綜合生產(chan)(chan)能(neng)力且(qie)配(pei)套完整、品(pin)種齊(qi)全(quan)的加工制造企業。產(chan)(chan)品(pin)主要有(you)機(ji)械鐘(zhong)(zhong)(zhong)(zhong)、手表(biao)、石英鐘(zhong)(zhong)(zhong)(zhong)、技術(shu)用(yong)鐘(zhong)(zhong)(zhong)(zhong)4個產(chan)(chan)品(pin)板塊，以及(ji)(ji)寶石和彈性元件(jian)(jian)2個配(pei)套產(chan)(chan)品(pin)。其中(zhong)，機(ji)械鐘(zhong)(zhong)(zhong)(zhong)已形成八大系(xi)列上(shang)百(bai)個花色品(pin)種，其精(jing)湛的制造工藝在(zai)國(guo)內同行業處于領先地(di)位(wei)，是迄(qi)今(jin)為止國(guo)內規(gui)模(mo)較(jiao)大、世界品(pin)種齊(qi)全(quan)的機(ji)械鐘(zhong)(zhong)(zhong)(zhong)生產(chan)(chan)基地(di)。

為適應市場競爭的(de)需要，2001年組(zu)建(jian)了煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)國(guo)有控(kong)股(gu)有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)，采取“關(guan)閉破產一(yi)批、重組(zu)整(zheng)合(he)一(yi)批、做(zuo)強做(zuo)大(da)一(yi)批”三(san)步(bu)走(zou)戰略(lve)(lve)，推動北極(ji)(ji)(ji)(ji)星(xing)(xing)逐步(bu)由重點解決歷史遺留問題(ti)轉(zhuan)向加(jia)快(kuai)企業發展(zhan)上(shang)來。目(mu)前，前兩步(bu)走(zou)基(ji)本完(wan)成，在具體實施(shi)過程(cheng)中積(ji)極(ji)(ji)(ji)(ji)為發展(zhan)打(da)基(ji)礎，通(tong)過控(kong)股(gu)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)的(de)投資和重組(zu)，組(zu)建(jian)了煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)中信機械有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)石英(ying)鐘(zhong)(zhong)有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)表業有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)鐘(zhong)(zhong)表研究(jiu)所有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)榮華鐘(zhong)(zhong)業有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)海鷗表業有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)華晶(jing)寶石有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)計時(shi)儀器有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)彈(dan)性元件有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)、中法合(he)資的(de)煙(yan)(yan)(yan)(yan)臺(tai)北極(ji)(ji)(ji)(ji)星(xing)(xing)高基(ji)時(shi)間同步(bu)技術有限(xian)(xian)公(gong)(gong)(gong)司(si)(si)(si)(si)(si)等(deng)子公(gong)(gong)(gong)司(si)(si)(si)(si)(si)。今后一(yi)個時(shi)期(qi)，將(jiang)加(jia)快(kuai)實施(shi)第三(san)步(bu)走(zou)戰略(lve)(lve)，以發展(zhan)為主題(ti)，加(jia)快(kuai)經濟(ji)增長(chang)方式(shi)轉(zhuan)變，圍繞“組(zu)織結(jie)(jie)構(gou)調(diao)(diao)整(zheng)、市場結(jie)(jie)構(gou)調(diao)(diao)整(zheng)、產品結(jie)(jie)構(gou)調(diao)(diao)整(zheng)”三(san)個調(diao)(diao)整(zheng)開展(zhan)工作(zuo)。

2009年底，為充分發揮北極星(xing)(xing)制鐘優勢，打(da)造(zao)百年品牌，北極星(xing)(xing)對生(sheng)產鐘類產品包(bao)括機械鐘、石英鐘、技術用(yong)鐘等的(de)資源(yuan)(yuan)進行(xing)了(le)重(zhong)組(zu)，組(zu)建了(le)煙臺北極星(xing)(xing)股(gu)份有限公(gong)司，進一(yi)步優化了(le)北極星(xing)(xing)組(zu)織結構和資源(yuan)(yuan)配置(zhi)，提高(gao)了(le)企業經濟效(xiao)益，為推動北極星(xing)(xing)向(xiang)高(gao)新(xin)技術企業轉型創造(zao)了(le)條件。

2012年初，市政(zheng)府已經(jing)確定將(jiang)重(zhong)(zhong)點支持(chi)北(bei)(bei)極(ji)(ji)星老品(pin)(pin)牌的振興(xing)和發(fa)展(zhan)(zhan)，相(xiang)關部門(men)正在制(zhi)定品(pin)(pin)牌振興(xing)方案，采取多(duo)種措施加(jia)(jia)快發(fa)展(zhan)(zhan)步(bu)伐。按(an)照市政(zheng)府的總體部署和要求，北(bei)(bei)極(ji)(ji)星將(jiang)加(jia)(jia)快改革改制(zhi)步(bu)伐，圍繞機械鐘(zhong)(zhong)、手表、技術用鐘(zhong)(zhong)、石(shi)英鐘(zhong)(zhong)的資源進一(yi)步(bu)重(zhong)(zhong)組優化、深化結構調整，通過(guo)實施退城(cheng)進園(yuan)解決歷史遺留問題(ti)，加(jia)(jia)快更新(xin)設(she)備、加(jia)(jia)快產(chan)品(pin)(pin)換代(dai)升級，聚(ju)集到(dao)園(yuan)區內發(fa)展(zhan)(zhan)，努力(li)將(jiang)北(bei)(bei)極(ji)(ji)星的核心(xin)技術轉(zhuan)化成(cheng)核心(xin)競(jing)爭力(li)，推(tui)動煙臺鐘(zhong)(zhong)表產(chan)業又(you)快又(you)好發(fa)展(zhan)(zhan)，同(tong)時積(ji)極(ji)(ji)向(xiang)與鐘(zhong)(zhong)表密切(qie)相(xiang)關產(chan)業拓展(zhan)(zhan)。通過(guo)加(jia)(jia)大研(yan)發(fa)投(tou)入(ru)，實現跨(kua)越式發(fa)展(zhan)(zhan)，推(tui)動北(bei)(bei)極(ji)(ji)星向(xiang)世(shi)界(jie)品(pin)(pin)牌行列邁進，將(jiang)北(bei)(bei)極(ji)(ji)星打(da)造成(cheng)世(shi)界(jie)品(pin)(pin)牌。